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Why in the News?
Key Points:
About MMLP Nagpur:
⇒ The Multi Modal Logistics Park (MMLP) Nagpur is developed by National Highway Logistics Management Limited (NHLML).
⇒ NHLML, a wholly owned subsidiary of National Highways Authority of India (NHAI), has partnered with a private developer to build the MMLP over 150 acres in three phases under a Public-Private Partnership (PPP) model.
⇒ The total concession period is 45 years, with a project cost of Rs 673 crore.
⇒ Phase-I is being developed with an investment of Rs 137 crore.
⇒ The project is expected to generate employment, support regional economic development, and position Nagpur as a logistics hub within central India.
Strategic Importance:
⇒ MMLP Nagpur aims to enhance multi-modal freight movement, reducing both logistics cost and transit time.
⇒ It will provide modern warehousing and real-time tracking capabilities to improve the efficiency of India's freight ecosystem.
Multi Modal Logistics Park (MMLP):
About:
Focus:
National Highways Authority of India (NHAI):
PM GatiShakti:
By: ASRAF UDDIN AHMED ProfileResourcesReport error
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