Multi-modal Logistics Parks
Multi-modal logistics parks (MMLPs) are expansive areas equipped with both rail and road connections, designed to facilitate the smooth transfer of incoming goods to various modes of transportation in a hub-and-spoke configuration.
MMLPs: Transforming India’s Logistics sector
- Cost-Efficiency: Through offering value-added services like customs clearance, labelling, repackaging, and packaging, these parks aim to reduce the overall logistics cost from the current 14% of GDP to below 10% of GDP.
- Enhanced Productivity: Multi-modal logistics parks (MMLPs) will expand the nation's warehouse capacity, boosting the efficiency of transporting goods and decreasing the cost of freight transportation.
- Reduced Handling Expenses: Thanks to state-of-the-art, mechanized ....
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