NHLML, IWAI, RVNL join hands to swiftly develop modern Multi Modal Logistics Parks

The National Highways Logistics Management Ltd (NHLML), the Inland Waterways Authority of India (IWAI) and the Rail Vikas Nigam Ltd (RVNL) have come together for swift development of modern Multi Modal Logistics Parks (MMLP) under Bharatmala Pariyojna across the country. The move aims to centralise freight consolidation and reduce logistics cost from 14 per cent to less than 10 per cent of GDP. In his remarks on the occasion of signing of the agreement, Road, Transport and Highway Minister Nitin Gadkari said he was elated to witness the signing of MoU as it will provide seamless modal shift, MMLPs will ensure that cargo is swapped/shifted from and to waterways, dedicated freight corridors, and road transport. He said this is building the nation through Gati Shakti. Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal said that “today is a historic occasion when we propose to put the letter and spirit of Bharatmala Pariyojana into effect for a swift, efficient, economical and environment friendly logistics movement across the country”.