Allcargo to set up Logistics Park in Jhajjar, Haryana

Allcargo Logistics Limited has in-principle approved setting up a Logistics Park in the Jhajjar District of Haryana.

The facility is expected to be operational by 2018, subject to necessary regulatory approvals and rail connectivity. The move is in line with the company’s business expansion plan, said a release.

The Jhajjar project is a one-of-its-kind integrated logistics infrastructure set-up which will comprise a rail-linked private freight terminal catering to rail cargo movement, free trade warehousing zone, domestic tariff area and other related activities.

It will also have the facility to handle both inbound and outbound contract logistics services. With a view to enhance the future growth of Indian business sentiment, the company chose to set up a logistics park in Haryana as it is a preferred industrial and manufacturing destination. The company plans to offer end-to-end logistics solutions to its customers in the northern belt through this facility in Jhajjar.

Allcargo to set up Logistics Park in Jhajjar, Haryana

The company has identified approximately 200 acres of freehold agricultural land for developing the said project, which is in close proximity to the Dedicated Freight Corridor (DFC), the release informed.

Commented Adarsh Hegde, Executive Director of Allcargo Logistics Limited: “As a part of our business expansion plan and growth strategy, the setting up of a logistics park in Haryana will help us to target the growing container traffic in the northern parts of the country, which would be boosted by DFC connectivity.

The Jhajjar project will highlight our expertise to handle break-bulk cargo along with containerised cargo and operations related to contract logistics.

It will also provide domestic tariff area (DTA) warehousing facility for consolidation of cargo as well as distribution solutions. This activity will complement our CFS business.”

Source: http://transreporter.com/