The Smart Industrial Port City developed within the premises of the Paradip Port Trust (PPT) will house a string of projects across sectors. PPT has initiated work on projects valued at Rs 35.44 billion on the self-contained city spread over 700 acres of land.
Projects on the anvil include a multi-modal logistics park (MMLP) committed by Container Corporation of India (Concor), a four million tonne per annum pelletisation unit by Thriveni Earthmovers Ltd, a wood park and a dedicated food park for edible oils, said a PPT source.
On the MMLP, Concor has pledged an investment of Rs two billion. Land has