Logistics park by Gateway Distriparks in AP
Gateway Distriparks has commenced construction of Logistics Park at Krishnapatnam Port in Andhra Pradesh. Targeting the trade in Andhra Pradesh, Telengana and Karnataka region, the Logistics Park will offer comprehensive supply chain solutions through a CFS, general warehousing and reefer/cold storage services along with transportation facilities.
Keeping in view the fast paced development of industry in the region, GDL is already present at Nhava Sheva, Chennai, Visakhapatnam and Kochi. The CFS at Krishnapatnam port, which is located between Chennai and Visakhapatnam ports, will be Gateway Distriparks seventh CFS. The total capex of this project will be to the tune of
150 crore, with 80 crore utilised towards cost of land and construction of the first phase, and the balance 70 crore for the second phase.
Prem Kishan Gupta, Chairman and Managing Director, Gateway Distriparks, said, “Through the logistics park, we aim to provide complete solutions to the trade for handling, storage and distribution of EXIM, domestic, reefer and frozen cargo.”
Amit Kumar: It is projected that cargo traffic handled at Indian Ports would grow at a CAGR of 6 per cent till 2021-22. Share of containers, which is currently at 16 per cent, is projected to grow to ~25 per cent of total traffic.
We believe in India’s story of growth with robust export–import trade. To sustain this growth, hinterland infrastructure also needs to be augmented. ICDs play a crucial infrastructure in the EXIM trade. India requires not just ICDs but evolved ICDs which bring efficiencies in the system. The old ICDs are plagued with several bottlenecks–land constraints for augmenting capacities, choked access. More number of modern and service-oriented ICDs with multi-modal and modern facilities are required to support EXIM business.
Rajnish Kumar: India has a containerisation level of ~50 per cent, while the average containerisation level in developed countries is ~75 per cent. India is moving towards achieving this target. Keeping in view the long term vision, India needs to spend on hinterland infrastructure.
To sustain this growth, hinterland infrastructure
also needs to be augmented. ICDs play a crucial infrastructure
in the EXIM trade
Amit Kumar: One of the key factors for a successful ICD, both business wise as well Approximately one km long land for development of rail siding
constructing a rail siding area–it is important to have ICD located within the catchment area, so that it can attract cargo of the catchment area. Any location outside catchment area increases cost of logistics and therefore is unviable. However, locations within catchment area are difficult to acquire because of higher price, availability of land