Indore is known as the Commercial capital of Madhya Pradesh due to rich ecosystem, fertile soil and high-quality workforce. MMLP at Indore is being developed in an area of 255.17 acre near Pithampur in Dhar district in Madhya Pradesh. The site is strategically located, near to Pithampur industrial area, Apparel and Pharma cluster and abutting the Indore Tihi- Dahod rail line as well as proposed Mhow ring road, at 30 kms from Indore Airport and Indore city. The estimated total project cost is Rs 1110.58 Crore. The Project is proposed to be developed in PPP (DBFOT) mode wherein a Developer will be appointed with a Concession Period of 45 years for developing and operating the MMLP with an estimated cost of Rs 758.10 Crore. The Project has been awarded to M/S G R Infraprojects Limited.

A Government SPV is being formed amongst National Highways Logistics Management Limited (NHI-ML), Rail Vikas Nigam Limited (RVNL) and Madhya Pradesh Industrial Development Corporation (MPIDC). SPV will provide land for the MMLP, external rail, road connectivity as well as Water and Power supply etc. The MMLP is being provided with 4 lane access from Mhow - Neemach four lane state highway and rail siding of length -6.5 Km from Sagore Railway station.

The MMLP will be developed in three phases and target completion of Phase-I is 2 years i.e., by 2025 leading to commercial operations. MMLP will cater to -12.79 million Metric Tonne (MMT) cargo in the horizon period of 45 years and will give huge boost to the industrial zones in the catchment region such as Indore, Ujjain, Dewas, Dhar, Pithampur, Khandwa and Barwani. It will create lot of employment opportunities and bring in economic development in the region.

As an outcome of Logistics Efficiency Enhancement Programme study (LEEP), MoRTH in partnership with other line Ministries and State Governments is developing Multi Modal Logistics Parks at 35 strategic locations across the country under the Bharatmala Pariyojana. MMLP is a key solution theme for lowering the logistics cost as percentage of GDP at par with developed countries.

Multi Modal Logistics Park (MMLP) is an integrated facility within which all activities relating to logistics and the distribution of goods, both for national and international transit can be carried out across multiple modes of transport. MMLPs lower transportation cost by enabling a seamless modal shift from road to rail and vice versa, lower handling costs due to presence of best in class modern and mechanized handling infrastructure, reduce secondary freight costs by co-location of container yard, warehouses, silos, cold storages and value-added services along with custom facility.

MMLPs also benefit from economies of scale, by creating shared infrastructure and due to availability of more options for selection of competitive and reliable logistics providers. The project will improve Logistics efficiency and multimodal connectivity for enhanced efficiency and seamless movement of goods services as envisioned under PM Gati Shakti.The development of MMLP will create employment opportunity as well as promote the growth of industrial activities.

MJPS

(Release ID: 1903217) Visitor Counter : 2214