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Indian Railways striving about Rs. 25,000 Crores program has invited the private sector to construct and set up multi-modal logistics parks along with the planned eastern and western committed cargo corridors. Railways Ministry officer said to www.propertykhazana.com that, “Nationalized Container Corp of India, DHL Logistics, GATI, Adani Logistics, Sical Logistics, Transport Corp of India, Mahindra Logistics and World Windows Infrastructure were some of the conglomerates which were in the conflict.” Senior ministry officer who is concerned in the gassing of the public private initiative said that, till now, based on our invitation for sending us assertion of interest, we have taken applications from 9 companies.
These are 1,483 km western way from the Jawaharlal Nehru Port Trust in Navi Mumbai to Dadri in UP via Ahmedabad, Tughlakabad, Palanpur and Rewari and about 1,815 km eastern way from Dankuni to Ludhiana in Punjab via Sonnagar, Allahabad, Khurja and Mughalsarai. As said by the foremost international realty consultancy C&W, Indian logistics business is likely to grow 20-25% per year in the coming 4-5 years. It also said that by 2012, about 120 logistics parks will be operated in the country spreading in about 4,000 acres and one more 50 Million Sq.ft of warehousing space will be developed by different logistics companies by similar period. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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