Gateway Distriparks Ltd has announced a project investment of 1.50 billion rupees for the development of a new inland container depot. The company has acquired land for the facility, aimed at strengthening India’s logistics infrastructure, enhancing cargo handling efficiency, and supporting growing demand in the freight and supply chain sector.
Gateway Distriparks Ltd, a leading integrated logistics provider, has unveiled plans to invest 1.50 billion rupees in the development of a new inland container depot (ICD). The company has successfully acquired land for the project, which is expected to significantly boost India’s logistics and supply chain ecosystem. The ICD will serve as a critical hub for cargo movement, offering improved connectivity to ports and industrial clusters.
Key highlights from the announcement include
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Project investment estimated at 1.50 billion rupees.
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Land acquired for the development of a new inland container depot.
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Facility to enhance cargo handling efficiency and streamline logistics operations.
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Expected to strengthen connectivity between industrial hubs and major ports.
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Part of Gateway Distriparks’ broader strategy to expand its logistics footprint across India.
Industry experts note that the investment reflects Gateway Distriparks’ commitment to supporting India’s growing freight demand and infrastructure modernization. The new ICD is expected to play a pivotal role in reducing transit times, improving supply chain reliability, and contributing to the country’s economic growth.
Sources: Business Standard, MarketScreener, Yahoo Finance