Indian Railways to develop multimodal logistics parks
Indian Railways has planned mega multimodal logistics parks (MMPLs) or hubs providing state-of-the-art integrated logistic facilities with mechanised handling and intelligent inventory management at selected locations along the dedicated freight corridors to reduce the overall logistics cost in the supply chain for the customers to meet time-sensitive freight transportation requirements.
A multi-modal logistics park (MLP) is defined as a rail-based inter-modal traffic-handling facility complex comprising container terminals, bulk / break-bulk cargo terminals, warehouses, banking and office space and facilities for mechanised handling, inter-modal transfers, sorting / grading, cold chain, aggregation / disaggregation, etc, to handle freight.
These would generally be developed by the project authorities in charge of SEZs / industrial townships or prospective developers for use of multiple users on the terms and conditions set out in thispPolicy. However, all MLPs need not have all the features.
According to a report by Cushman & Wakefield, Indian logistics industry is expected to grow annually at the rate of 15 to 20 per cent, reaching revenues of approximately $385 billion by 2015.
According to industry analysts, many logistics companies are in various stages of setting up warehouses, container freight stations, inland container depots, logistics parks, distribution centres and other facilities to tap the trade opportunities.
Some of these include DHL Logistics, Transport Corporation of India, Gati, Adani Logistics, Sical Logistics, World Windows Infrastructure and Logistics and Mahindra Logistics.
The basic objective of the policy is to enhance the presence of rail transport in the overall transport chain and attain increased freight traffic volumes and movement by rail through reduction in the logistics costs for the users.
This would be achieved through minimisation of multiple handling, provisionsof various logistics related services close to a rail transport hub and better integration with logistics and supply chains.
To develop these MMPLs through Public Private Partnership (PPP), the ministry of railways has invited expression of interests (EOI) in this regard, seeking essential information regarding proposed locations, land area required and type / segment of logistics business to be development etc. from large logistics service providers, real estate developers, third party logistics players warehousing investors, container operators, financial institutions, industrial houses etc. who are willing to participate in the development of these MMLPs.
The ministry of railways has launched its flagship project, the dedicated corridors (DFCs) entailing construction of approximately 3300 kilometers of mostly double, electrified, high axle load track, with liberal space envelope, fit for high capacity wagons and heavy haul freight trains at cruising speeds of 75 km/hr and top speeds of 110 km / hr, between Jawaharlal Nehru Port Trust, Mumbai and Tughlakabad –Rewari (western route) and Kolkota to Ludhiana (eastern route. A number of industrial nodes are also being planned as a part of a related initiative by the Government of India along side the western route of the DFC.
A multi-modal logistics park (MLP) is defined as a rail-based inter-modal traffic-handling facility complex comprising container terminals, bulk / break-bulk cargo terminals, warehouses, banking and office space and facilities for mechanised handling, inter-modal transfers, sorting / grading, cold chain, aggregation / disaggregation, etc, to handle freight.
These would generally be developed by the project authorities in charge of SEZs / industrial townships or prospective developers for use of multiple users on the terms and conditions set out in thispPolicy. However, all MLPs need not have all the features.
According to a report by Cushman & Wakefield, Indian logistics industry is expected to grow annually at the rate of 15 to 20 per cent, reaching revenues of approximately $385 billion by 2015.
According to industry analysts, many logistics companies are in various stages of setting up warehouses, container freight stations, inland container depots, logistics parks, distribution centres and other facilities to tap the trade opportunities.
Some of these include DHL Logistics, Transport Corporation of India, Gati, Adani Logistics, Sical Logistics, World Windows Infrastructure and Logistics and Mahindra Logistics.
The basic objective of the policy is to enhance the presence of rail transport in the overall transport chain and attain increased freight traffic volumes and movement by rail through reduction in the logistics costs for the users.
This would be achieved through minimisation of multiple handling, provisionsof various logistics related services close to a rail transport hub and better integration with logistics and supply chains.
To develop these MMPLs through Public Private Partnership (PPP), the ministry of railways has invited expression of interests (EOI) in this regard, seeking essential information regarding proposed locations, land area required and type / segment of logistics business to be development etc. from large logistics service providers, real estate developers, third party logistics players warehousing investors, container operators, financial institutions, industrial houses etc. who are willing to participate in the development of these MMLPs.
The ministry of railways has launched its flagship project, the dedicated corridors (DFCs) entailing construction of approximately 3300 kilometers of mostly double, electrified, high axle load track, with liberal space envelope, fit for high capacity wagons and heavy haul freight trains at cruising speeds of 75 km/hr and top speeds of 110 km / hr, between Jawaharlal Nehru Port Trust, Mumbai and Tughlakabad –Rewari (western route) and Kolkota to Ludhiana (eastern route. A number of industrial nodes are also being planned as a part of a related initiative by the Government of India along side the western route of the DFC.