- 04 Mar 2022
- ICICI Securities
Govenment to build multi-modal logistic parks (MMLPs) in cities
News: As per Hindustan Times, multi-modal logistic parks (MMLPs) are expected to come up in cities such as Gorakhpur, Ranchi, Bikaner, Tuticorin, Siliguri, Jogighopa (Assam), Nagpur and Chennai. The government plans to build 35 MMLPs under the PM Gati Shakti-National Master Plan.
Views: The project aims to provide smoother and faster logistics transportation across the country through MMLPs. The government is also looking for effective and swift data exchange in the sector. It plans to rope the private sector into its Unified Logistics Interface Platform (ULIP) to reduce costs by making systems more efficient and broad-based
Impact: Positive.