Govt approves multi-modal logistics hub at Greater Noida

The government on Wednesday approved a multi-modal logistics and transport hub (MMTH) at Greater Noida in Uttar Pradesh with a view to making India a strong player in the global value chain.

New Delhi: The government on Wednesday approved a multi-modal logistics and transport hub (MMTH) at Greater Noida in Uttar Pradesh with a view to making India a strong player in the global value chain. The Union Cabinet also approved a proposal to set up industrial corridor nodes at Krishnapatnam and Tumakuru under CBIC, said Minister of Information and Broadcasting Prakash Javadekar.

"The proposals have a total estimated cost of Rs 7,725 crore and an estimated employment generation of more than 2.8 lakh persons," the minister said.

These projects will position India as a strong player in global value chains with developed land parcels in cities for immediate allotment for attracting investments, he added.

Source: https://auto.economictimes.indiatimes.com/news/industry/govt-approves-multi-modal-logistics-hub-at-greater-noida/80027047