New Delhi, Sep 21 (PTI) National Highways Logistics Management Ltd and JNPT have entered into a pact to develop multi modal logistics park in Jalna, Maharashtra.

Jalna multi modal logistics park will act as a functional dry port of the Marathawada region.

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According to Minister for Road Transport and Highways Nitin Gadkari, steel and allied industries depending on scrap, fruits and vegetables processing units, seed industries and cotton sector would greatly benefit from this development.

He said it would connect Samruddhi Marg and Delhi-Mumbai Industrial Corridors.

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This infrastructure will give a push to the export of agro products and also change Jalna into automobile hub of Marathwada region.

The government has approved the development of 35 multi modal logistics parks under Bharatmala Pariyojana with an aim to centralise freight consolidation and lessen logistics cost from 14 per cent to less than 10 per cent of the GDP at par with International Standards.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)