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Construction for Chennai's multimodial logistics Park to commence in June

Infrastructure  -  May 31,2024  - 

Reliance Industries will start construction of a multimodal logistics park at Mappedu near Chennai in June, 2024. In 2022, the company had won the bid for the Rs 1,424 crore project on 184.27 acres of land in Tiruvallur district of Tamil Nadu.

The project, slated to be India’s first such park, aims to facilitate efficient, cost-effective and value-added logistics services such as cargo aggregation and disaggregation, distribution, intermodal transfer, sorting, packing, and repacking. It is located 52 km from the Chennai Port, 80 km from Ennore Port and 87 km from Kattupalli Port. It will also be a focal point of logistics in the southern region. It is estimated to cater to around 7.17 million tonne of cargo over 45 years.

According to a pre-feasibility report, the project will also serve as secondary market clusters in Ranipet, Ambur, Tirupur, and Bengaluru, where industries like leather, heavy machinery parts, automobiles, flourish.

In location terms, the project is also near the automobile and electronics manufacturing clusters on the Sriperumbudur-Oragadam industrial belt, as well as near Chennai Peripheral Ring Road.

Prime Minister Narendra Modi laid the foundation stone for the project in May, 2022.

 

Company : Reliance Industries