 "mergers, firms, deal, companies, pact, agreement")
The Gujarat government and Adani Ports and Special Economic Zone Ltd (APSEZ) signed a memorandum of understanding (MoU) on Friday for setting up India's largest multi-modal logistics park.
Spread over 1,450 acres at Virochan Nagar, close to the auto hub of Sanand, the park is expected to attract investments worth Rs 50,000 crore in the logistics and transport space.
The construction on the project will begin within six months post the necessary statutory approvals, while the completion is expected within three years by 2023.
The MoU was signed by M K Das, additional chief secretary to the chief minister and industries & mines
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