November 30 , 2017

Shashi Kiran Shetty, applauds the ‘Infra’ status to logistics. “Going forward, the key triggers for the sector would be a combination of pro-market initiatives by the government like Bharatmala, GST, Make in India, dedicated rail freight corridors, massive investment foreseen in the Railways that will ensure seamless connectivity.”

Container depots with smaller areas can now access low-cost infrastructure funding following the recent notification expanding the list of infrastructure funds and likely availability of such funds, say companies in the logistics sector such as Allcargo Logistics and Embassy Industrial Parks.
“A strong contribution that has also come as part of the inclusion of logistics in infrastructure is the lowering of inland container depots (ICD) area criteria to ten acres from the previous 25-30 acres. I feel it will be a benefit to developers in this segment, creating an ease of flow for storage and flow of container traffic,” said Anshul Singhal, Embassy Industrial Parks, which is a joint venture between Warburg Pincus and Bengaluru-based realty giant Embassy Group.
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