Road Min, NHAI to set up warehousing zones to reduce logistics cost

Gadkari is believed to have proposed Nagpur's name for setting up country's first logistics park

In a bid to ease transportation and reduce logistics cost of companies by about half, the Central government is firming up a proposal to set up warehousing zones, along with a private partner, on the outskirts of major cities.

Road ministry and the National Highways Authority of India (NHAI) are working on the proposal to set up logistics parks. NHAI made a presentation to the ministry on the need for engaging a consultant to set up logistics parks announced in the Budget, sources said.

They would be warehousing zones on the outskirts of the cities and storage facilities would be