Bengal could attract investment worth $20 billion in the logistics sector by using the state’s unique locational advantage and harnessing its vast network of rail, roads and rivers. The state government has sought feedback from industry to formulate a policy to support the growth of the multimodal logistic sector.

Proposes to set up a logistics park at Jadupur (Mahakalapada Block) in Kendrapada district with a total investment of Rs. 100 crore. The project has received government approval nod and it will employ around 250 people.

The company has entered into an e-agreement with Bangalore International Airport Limited (BIAL) to develop an Air Cargo Community System (ACS) that will help streamline air logistics. ACS is a digital platform that brings together all cargo stakeholders including customs, customs brokers, shippers, airlines, trucking companies, etc.

The company has opened a new 350,000 sq ft mega warehouse at Gurugram near Delhi, bringing its total warehousing space across the country to 1.9 million sq ft. The new warehouse, with a capacity of 30,000 pallet positions, offers enhanced 24-hour security measures.

Gujarat State Petroleum Corp (GSPC) has finalized four private firms, including one foreign entity, for offloading its stake in seven oil and gas onshore hydrocarbon blocks. Rajasthan based Kiri and Company Logistics Pvt Ltd, was the highest bidder for the Bhandut block, thus winning it.

The company has acquired 76.84 acres of land in Gurugram, Haryana to develop a logistic park at Sohna in South Gurugram. With this investment, ESR expands its India footprint to 14 locations.

Plans to set up a warehouse at Balaghat in Madhya Pradesh. The project will help in physical distribution of goods like food grains, fertilisers, public distribution items, consumer goods, etc. and help in marketing of the products.

The ground-breaking ceremony has been done for the LNG import facility at Karaikal port. The facility is expected to commence commercial operations by the fourth quarter of 2021. It is being built on a 12-hectare site with an initial capacity of 1 MTPA, which can be increased to 6 MTPA in a phased manner.

AAI and its cargo wing AAICLAS will soon open a perishable cargo centre at Lokapriya Gopinath Bordoloi International Airport, Guwahati. It is being built by Assam Industrial Development Corporation (AIDC). AAI has leased 4050 SqM of land to AIDC for the purpose.