Cargo evacuation from Visakhapatnam and Gangavaram ports will get a boost with the commencement of commercial operations at the multi-modal logistics park at Sheelanagar beside the National Highway by the Container Corporation of India, according to Divisional Railway Manager Chandralekha Mukherjee, Waltair division.
Inaugurating the park, she said operations at the railway siding had formally begun on Saturday. Earlier, two trains were operated on a trial basis. Mukherjee said the Concor was a big player and the park would offer great facilities to the trade and industry.
Concor General Manager Yelvender Yadav said the logistics park was built on 105 acres of swampland. “We have so far invested ₹300 crore or so on the project and in the next phase we will invest ₹200 crore,” he said.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.