Vision India plans to begin construction work on the proposed Rs 50-crorelogistics park project in Chennai by 2012. The company is expected to sign a memorandum of understanding
Category: Warehousing & Logistics
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GDKL opens CFS at ICTT
In order to facilitate exim trade in Kochi, container logistics major Gateway Distriparks (Kerala) (GDKL) began operation of container freight station (CFS) through the ICTT Vallarpadam.
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GDKL opens CFS at ICTT
In order to facilitate exim trade in Kochi, container logistics major Gateway Distriparks (Kerala) (GDKL) began operation of container freight station (CFS) through the ICTT Vallarpadam.
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Logistics need operational push
The railways sector has more scope to grow than any other transport sector. With a current length of 71,000 km, its coverage is far below what it should be for both passenger and freight traffic.
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JNPT to join hands with DFC for logistics park
Jawaharlal Nehru Port Trust (JNPT) plans to develop the worldââŹâ˘s best logistics park in collaboration with Dedicated Freight Corridor (DFC) and has engaged a consultant for this purpose.
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IDFC PE to invest in Staragri
IDFC Private Equity will invest Rs 150 crore in Jaipur based Staragri Warehousing and Collateral Management.Staragri proposes to utilise the fund to expand its warehousing capacity to 30 lakh tonne in three years from the current 10 lakh tonne.The company will target to set up warehouses at taluk level in Tamil Nadu, Karnataka, Andhra Pradesh, Orissa and Chhattisgarh.
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Orissa clears Rs 70 cr logistics park project
OrissaââŹâ˘s State level single window clearance authority has approved the setting up of a logistics park at Kalinga Nagar steel hub proposed by Container Corporation of India (CONCOR).The logistics park would come up on an area of 30 acres in the industrial cluster at an investment of Rs 70 crore.
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A new logistics park is on the anvil at JNPT
JNPT is examining the setting up of a new logistics park in JV with the DFC. Albeit mired by delays, the portââŹâ˘s expansion plans envisage an augmentation of nearly 5 mn containers each year.Luxman Radhakrishnan, Chairman, JNPT, explains to Shashidhar Nanjundaiah.
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Logistics: Commit to GST timeline
Businesses are starting to understand that the location and the role of the wareĂÂhouse will be driven as much by inventory policies and transportation infrastructure as by changes in taxation.
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Logistics: The elusive industry status
There is an urgent need for measures to facilitate growth in ground logistics (warehousing, rail freight and cold chain logistics) and expects some solid reforms to be announced in this budget.