Daily Current Affairs on Multi Modal Logistics Park (MMLP) in Nagpur for SEBI Grade A ( Officer) Exam Preparation

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Miscalaneous GK (Phase-I) SEBI Grade A ( Officer) Exam

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Multi Modal Logistics Park (MMLP) in Nagpur

The National Highways Authority of India (NHAI) has entered into a significant agreement with M/s. DC Multi Modal Park (Nagpur) Limited, a Special Purpose Vehicle (SPV) of M/S. DeltaBulk Shipping India Pvt. Ltd., for the development of a Multi Modal Logistics Park (MMLP) in Nagpur.

  • This project, estimated at Rs.673 crore, will be developed over 150 acres under the Public Private Partnership model, marking a pivotal milestone in the country’s development and aligning with the PM Gati Shakti National Master Plan.
  • The MMLP, to be developed in three phases, is poised to become the first in Maharashtra under the PM Gati Shakti National Master Plan. Phase-I, with an investment of Rs. 137 crore, is anticipated to be completed within two years.
  • This initiative aligns with the country’s vision for infrastructural growth and will boost industrial zones in the catchment region, including Nagpur, Wardha, Chandrapur, and Gondiya.

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