MoU singed for creating Multi-Modal Logistics Park in Varanasi

Mar 11, 2025 08:37 PM IST

The primary such multimodal logistics park had come up in Chennai in November 2022 which built-in maritime transport with a number of ports situated within the neighborhood

New Delhi: The Nationwide Highways Logistics Administration Restricted, underneath the Union Ministry of Street Transport and Highways (MoRTH) and Inland Waterways Authority of India (IWAI), underneath the Union Ministry of Delivery and Waterways signed an MoU to develop a Multi-Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh, on Tuesday.

The 150-acre park will strategically hook up with NH7 through a 650m entry street and is simply 1.5 km from the NH7-NH2 junction. (File Picture)

The 150-acre park will strategically hook up with NH7 through a 650m entry street and is simply 1.5 km from the NH7-NH2 junction, MoRTH stated in a press release.

It’ll additionally seamlessly combine with the Jap Devoted Freight Hall via a 5.1 km railway line from Jeonathpur Station and Nationwide Waterway-1 and is situated 30 km from Lal Bahadur Shastri Airport, the assertion added.

An IWAI official stated the financial survey had stated at present the price of logistics throughout sectors is round 20%. “The intention of the federal government is to make it at 7-8%. Initiatives like it will assist on this regard. “

The primary such multimodal logistics park got here up in Chennai in November 2022 which built-in maritime transport with a number of ports situated within the neighborhood similar to Chennai Port at 50 km, 80 km from Ennore Port, and 87 km from Kattupalli Port.