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Government Approves Multi-Modal Logistics Hub At Greater Noida

The Union Cabinet also approved a proposal to set up industrial corridor nodes at Krishnapatnam and Tumakuru under CBIC.

Autonomous logistics robots move boxes of merchandise to order stations at a warehouse in Wuxi, China. (Photographer: Qilai Shen/Bloomberg)
Autonomous logistics robots move boxes of merchandise to order stations at a warehouse in Wuxi, China. (Photographer: Qilai Shen/Bloomberg)

The government on Wednesday approved a multi-modal logistics and transport hub 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.