Logistics Parks

Says spike in India's trade and cooperation with Russia should not be considered temporary

"This transaction will result in significant cash proceeds and provide for growth plans of the company, formerly known as Transindia Realty & Logistics Parks Limited," it said

Creates a portfolio of Rs 2,300 crore across five cities, aggregating to about 6.6 million square feet of gross leasable area

RIL emerged as the winning bidder for the public-private-partnership (PPP) project, with its own investment pegged at Rs 783 crore

It already has a similar arrangement with NHAI for its Wardha dry port, its Chairman Sanjay Sethi said at a media briefing

A dive into the logistics challenges involved in setting them up, and the how the parks will work once up

At least 35 such projects planned across the country with a capital allocation of Rs 50,000 crore, says CEO

The largest of these is the $3-billion corpus set aside by the National Investment Infrastructure Fund to buy or sponsor a port and logistics-related projects in India through DP World (DPW)

Parks would cut transport cost by 10% for industries, allow freight movement on larger trucks & rail