Indian and Bangladeshi Logistics Giants Forge Alliance
WAREHOUSING & LOGISTICS

Indian and Bangladeshi Logistics Giants Forge Alliance

Pristine Logistics & Infraprojects (PLIL), a prominent integrated rail terminal operator in India, is expanding its operations into neighbouring Bangladesh through a partnership with Summit Alliance Port (SAPL), a leading local player in the off-dock sector. The collaboration was formalised through a memorandum of understanding signed on August 27 with Summit Alliance Port, which is listed on the Dhaka and Chittagong Stock Exchanges.

The key focus of this alliance is to establish joint venture companies that will develop rail-linked Inland Container Depots (ICDs), Container Freight Stations (CFSs), and Multi Modal Logistics Parks (MMLPs) at strategically vital locations in Bangladesh. Summit Alliance Port, responsible for handling a significant portion of Bangladesh's containerised cargo, plays a pivotal role in the country's trade.

By creating world-class rail-based cargo hubs, PLIL and Summit Alliance Port aim to bolster Bangladesh's logistics infrastructure. They intend to cater to the transportation needs of exporters and importers by providing long-haul rail services from Indian locations to the border and inland regions of Bangladesh. Furthermore, the partnership aims to offer an array of services, including warehousing, consolidation, labelling, packaging, multimodal transport options, container repair, and distribution, ensuring connectivity to gateway ports for Bangladesh's trade community.

PLIL, with its extensive experience, operates rail terminals and logistics services in India and Nepal. They run Inland Container Depots (ICDs), Private Freight Terminals (PFTs), and logistics parks in various locations, providing comprehensive cargo solutions encompassing both containerised and non-containerised cargo.

Summit Alliance Port, on the other hand, operates inland container depots and container freight stations in Bangladesh, with additional facilities in Chittagong Port and river terminals in India. This strategic partnership signifies a significant step in enhancing cross-border trade and logistics connectivity in the region.

Pristine Logistics & Infraprojects (PLIL), a prominent integrated rail terminal operator in India, is expanding its operations into neighbouring Bangladesh through a partnership with Summit Alliance Port (SAPL), a leading local player in the off-dock sector. The collaboration was formalised through a memorandum of understanding signed on August 27 with Summit Alliance Port, which is listed on the Dhaka and Chittagong Stock Exchanges.The key focus of this alliance is to establish joint venture companies that will develop rail-linked Inland Container Depots (ICDs), Container Freight Stations (CFSs), and Multi Modal Logistics Parks (MMLPs) at strategically vital locations in Bangladesh. Summit Alliance Port, responsible for handling a significant portion of Bangladesh's containerised cargo, plays a pivotal role in the country's trade.By creating world-class rail-based cargo hubs, PLIL and Summit Alliance Port aim to bolster Bangladesh's logistics infrastructure. They intend to cater to the transportation needs of exporters and importers by providing long-haul rail services from Indian locations to the border and inland regions of Bangladesh. Furthermore, the partnership aims to offer an array of services, including warehousing, consolidation, labelling, packaging, multimodal transport options, container repair, and distribution, ensuring connectivity to gateway ports for Bangladesh's trade community.PLIL, with its extensive experience, operates rail terminals and logistics services in India and Nepal. They run Inland Container Depots (ICDs), Private Freight Terminals (PFTs), and logistics parks in various locations, providing comprehensive cargo solutions encompassing both containerised and non-containerised cargo.Summit Alliance Port, on the other hand, operates inland container depots and container freight stations in Bangladesh, with additional facilities in Chittagong Port and river terminals in India. This strategic partnership signifies a significant step in enhancing cross-border trade and logistics connectivity in the region.

Next Story
Infrastructure Urban

Budget 2025: Key Highlights

On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2025-26 in Parliament. This marks the eighth budget by Sitharaman, making her the first finance minister in India’s history to present so many budgets. It is also the first budget of Prime Minister Narendra Modi’s third term.Sitharaman emphasised that the budget focuses on driving growth towards a “Viksit Bharat” (Developed India), with the country maintaining its position as the fastest-growing major economy. She outlined the government’s commitment to inclusive development, im..

Next Story
Infrastructure Urban

Budget 2025-26: Industry reactions

Union Finance Minister, Nirmala Sitharaman announced Budget 2025-26 today. The government has planned a number of strategic initiatives which will drive inclusive growth, boost economic growth and provide an impetus to to India’s competitive edge on the global stage.Here’s what industry has to say about various announcements and initiatives announced in the budget:Real Estate“The Union Budget 2025 is a game-changer, reinforcing India's commitment to inclusive and sustainable urban growth. The SWAMIH Fund 2 with Rs 15,000 crore will accelerate the completion of stalled housing projects, b..

Next Story
Infrastructure Urban

Budget 2025: Key Announcements Impacting Real Estate

Key takeaways for the real estate sector include:• Income tax relief for the middle class: The finance minister announced zero income tax for individuals earning up to Rs 12 lakh annually, providing a major consumption boost. This move is also expected to strengthen demand for affordable housing. Additionally, the new income tax bill will retain nearly 50 per cent of existing provisions while introducing personal tax reforms and rationalising TDS and TCS regimes by streamlining rates and thresholds.• Tax benefits for residential property investors: Investors can now claim nil valuation for..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000