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Home > All news > Logistics, Roadways > Uttar Pradesh earmarks 17,000 acres for multimodal logistics parks

Uttar Pradesh earmarks 17,000 acres for multimodal logistics parks

December 14, 2024
Reading Time: 2 minutes
Indore: MPIDC secures land for INR 1,110 crore MMLP in Pithampur

Lucknow - The Uttar Pradesh government has earmarked 17,000 acres for developing multimodal logistics parks (MMLPs) across the state to feed its ambitious $1 trillion economy mission. 

The state government is looking to offer a 30 per cent subsidy on land cost provided the company invests at least Rs 1,000 crore in such a project. 

An MMLP integrates multiple transportation modes with warehousing and distribution at a single location. It fosters supply chain efficiency and reduces transportation costs. 

The nodal agency, UP Expressway Industrial Development Authority (UPEIDA), has identified . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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