Infrastructure News

Why multi-modal logistics parks are not just about infrastructure


Concept of Multi-modal logistics park created by Muhabit ul haq via AI

Synopsis

MMLPs, which will be way bigger than logistics and industrial parks developed by private players, can potentially help manufacturers build a strong supply chain and achieve cost efficiencies. But these facilities will have to be tech-enabled to provide supply-chain visibility and predictability.

At the policy level, multi-modal logistics parks (MMLPs) have become the most important part of the solution to India’s high logistics costs. At around 13%-14% of the gross domestic product (GDP), India’s logistics costs are smack of supply-chain inefficiencies. The Centre is indeed pushing the pedal on the development of MMLPs, which will serve as one-stop hubs for consolidation and distribution of cargo, facilitating easy and fast line-haul

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