In a strategic move to bolster the state’s logistical infrastructure, the National Highways Authority of India (NHAI) has initiated the bidding process for the construction of a Multi-Modal Logistics Park (MMLP) in Nashik. This Rs 336.55 crore project, situated in Niphad taluka, is set to be executed by the National Highways Logistics Management Ltd. (NHLML), a special purpose vehicle of NHAI. Following closely on the heels of the inaugural MMLP in Nagpur, the Nashik logistics park will be the third of its kind in Maharashtra.
Under the framework of design-build-finance-operate-and-transfer (DBFOT), the logistics park aims to optimize the efficiency of goods movements. Notably, Nashik’s MMLP is part of the larger plan outlined in the PM Gati Shakti National Master Plan, with the Ministry of Road Transport and Highways envisioning 35 such multi-modal logistics parks across India.
Currently contributing to 50 per cent of the nation’s road freight movement, MMLPs play a pivotal role in the government’s effort to reduce logistics costs to 8-9 per cent of the GDP. With logistics currently accounting for 14 per cent of the GDP, this initiative aims to enhance India’s global competitiveness.
In a bid to address the pressing need for improved logistics, contracts have already been awarded for five MMLPs in various cities, including Nagpur, Chennai, Bengaluru, Indore, and Jogighopa. The ongoing development of the Jogighopa MMLP in Guwahati, Assam, underlines the commitment to establishing efficient logistics infrastructure, with a projected completion date later this year.
As NHAI continues to drive infrastructure projects, Nashik’s MMLP marks another milestone in transforming the nation’s logistics landscape. The project’s estimated cost, strategic location, and adherence to the DBFOT model position it as a key player in Maharashtra’s logistics evolution. Stay tuned for further updates as Nashik paves the way for enhanced connectivity and streamlined logistics in the region.