Multi-modal Logistics Parks: What they are and why they're needed

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

The government intends to complete the development of 35 Multi-modal Logistics Parks over the next few years, in a bid to boost infrastructural development. What are these parks and why are they needed:

What are India’s current logistics challenges?

According to the Ministry of Road Transport and Highways, the average road freight cost in India is Rs. 1.9 per ton per square kilometre–almost twice that of the United States of America.

As infrastructure growth takes the front seat for the Indian economy, especially in the context of a post-pandemic revival, high cost of logistics comes as a significant challenge. In