5 rly logistics hubs along freight corridor

The railways will set up five multi-modal logistic parks, including one on the river front at Varanasi, along the dedicated freight corridor to facilitate seamless movement of goods.

The logistics hubs, expected to cost around Rs 5,000 crore, are expected to be set up in Gujarat, Punjab, Rajasthan, UP and Maharashtra. The Dedicated Freight Corridor Corporation (DFCC), which is implementing the 3342-km freight corridor project, is acquiring land for logistic parks and is in consultation with state governments to finalise MoUs.

Elaborating on the Varanasi project, DFCC MD Adesh Sharma said the “first of its kind“ logistics hubs will connect inland waterways with rail and road to provide hasslefree, efficient and cost effective cargo movement.

Source: The Times of India

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Author:

Neeraj; an entrepreneur & a visionary in the field of Railway, Defense & Automobiles, is a graduate in commerce and a Harvard Business School Alumni. He’s an expert in govt. liasoning & contracting and has an exceptional network & connections at both local as well as global level. He’s an expert in Market Strategy & Planning and has served number of overseas companies as an advisor/consultant. He takes a profound interest in upcoming startups & is very receptive towards ground-breaking ideas & innovations. He likes to brainstorm those ideas and if the values & philosophies matches; he is even ready to invest his resources, serve as a mentor or act as an incubator to futuristic businesses.

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