Multi-Modal Logistics Parks in India

Multi-Modal Logistics Parks (MMLPs) is a key policy initiative of the Government of India, led by National Highways Logistics Management Limited under Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI), to develop Multi-Modal Logistics Parks in hub-and-spoke model to improve the country's freight logistics sector by lowering overall freight costs and time, cutting warehousing costs, reducing vehicular pollution and congestion, improving the tracking and traceability of consignments through infrastructural, procedural, and information technology interventions. Since, in 2017, India had comparatively high logistics costs, 13% of total price of goods compared with 8% in other major economies and average 72% higher cost than China of exporting/importing a container in India.

Source: Wikipedia — Multi-Modal Logistics Parks in India (CC BY-SA 4.0)