Mumbai - The Maharashtra state cabinet has approved the Maharashtra Logistics Policy, aiming to establish the state as a world-class logistics hub. This move follows recommendations from the State Economic Advisory Council.

The policy is projected to generate Rs 30,573 crores in revenue and create approximately 5 lakh direct and indirect jobs over the next five years. Key objectives include reducing logistics costs from the current 14-15% to 10-11% and developing over 10,000 acres of dedicated logistics infrastructure.

Planned infrastructure includes 25 District Logistic Nodes, 5 Regional Logistic . . .