India’s largest real estate developer, today announced a joint venture established between Lodha Group and ESR India, the India platform of leading Asia Pacific logistics real estate platform, for the development of ESR-Lodha Industrial Park at Palava City.

The logistics firm Bhumika Group has decided to enter in real estate market with Rs 300 cr investment. The first project named 'Urban Square', will be a mixed use real estate development at Udaipur.

National Highways Authority of India (NHAI) have invited proposals from Consultants for preparation of Feasibility Study for Development of Multimodal Logistics Park at Indore and Detailed Project Report for External Trunk Connectivity Infrastructure to the Multimodal Logistics Park site in Indore.

The logistics firm DTDC plans expansion and is likely to invest Rs 500 crore in the next 3 years. The company is likely to set up transit hubs and build allied infrastructure.

The Government of India has decided to develop two Smart Industrial Port Cities one at East Coast (Paradip Port) and another at West Coast (Deen Dayal Port, Kandla).

According to the West Bengal Finance Minister Amit Mitra, the state has the potential to become a logistics hub of the east and attract Rs 50 bn investment.

Adani Ports and Special Economic Zone (APSEZ) subsidiary Adani Logistics Ltd has formed a joint venture, Adani NYK Auto logistics Solutions, to provide logistics services in the form of rail transportation to the automotive industry.

The Indian transportation and logistics industry is emerging rapidly to an efficient level along its growth trajectory. Rising investments, rapidly evolving regulatory policies, mega infrastructure projects, and several other developments in recent times have driven the Indian logistics market to a global extent.

Under Bharatmala programme, around 3,300 km of border roads of strategic importance have been identified to be built and around 2,000 km of roads are required for connecting India’s major highway corridor to International trade points so as to facilitate Export-Import (EXIM) trade with Nepal, Bhutan, Bangladesh and Myanmar. Multi-Modal Logistics Park is planned by the Centre at Jogighopa in Assam to promote international trade with neighbouring countries like Bhutan and Bangladesh.