Centre looks to increase logistics efficiency

With an aim to improve logistics efficiency, the central government, claim industry sources, is planning to develop five-to-six logistic parks. In this regard, A.D. James, Deputy Secretary, Union Ministry of Road Transport and Highways, is known to have said that the location of the logistics parks for the initial phase have been identified. Claim source that the parks are likely to be developed at locations in Tamil Nadu, Karnataka, Telangana, Andra Pradesh and Haryana. With work on preparing a detailed project report soon expected to commence, the development of logistics parks is likely to be done through special purpose vehicles specially devised for the task. Expected to attract an investment worth Rs.32,853 crore, the parks, said to be 15 in number, will be multi-modal in nature. They, claim sources, will be situated along the corridors with the highest freight movement. Such parks, developed systematically, could increase the efficiency of the highways and create a demand for trucks by defining the hub and spoke transportation model.