Multi-modal Logistics Park to be awarded in Chennai
WAREHOUSING & LOGISTICS

Multi-modal Logistics Park to be awarded in Chennai

Bidding for the proposed Chennai Multi-Modal Logistics Park (MMLP) will be closed on August 10. They will be evaluated with the first MMLP under the Bharatmala programme, awarded later this month, as per reports. After the award of the project, the private sector will invest around ₹7.83 billion for the Chennai MMLP. Bids for the Nagpur and Bengaluru MMLPs are expected to close soon too. The Bengaluru MMLP will require an investment of Rs 9.36 billion from the private sector and will be awarded in September. The Nagpur MMLP will need a private sector investment of Rs 5.99 billion and is expected to be awarded in October.
Also read: 

Bidding for the proposed Chennai Multi-Modal Logistics Park (MMLP) will be closed on August 10. They will be evaluated with the first MMLP under the Bharatmala programme, awarded later this month, as per reports. After the award of the project, the private sector will invest around ₹7.83 billion for the Chennai MMLP. Bids for the Nagpur and Bengaluru MMLPs are expected to close soon too. The Bengaluru MMLP will require an investment of Rs 9.36 billion from the private sector and will be awarded in September. The Nagpur MMLP will need a private sector investment of Rs 5.99 billion and is expected to be awarded in October.Also read: Three railroad projects proposed under PM GatiShakti for reliable logisticsLeasing in logistics and industrial sectors fell by 9% YoY

Next Story
Technology

Atlas Copco Unveils Innovation Centre in Pune for Smart Manufacturing

Atlas Copco Tools has inaugurated its first Smart Factory Innovation Centre in India, a cutting-edge facility in Pune designed to showcase advanced technologies powering Smart Integrated Assembly ecosystems. The centre will serve as a hub for businesses across automotive, aerospace, electronics, heavy machinery, and manufacturing sectors to explore automation and smart manufacturing solutions for zero-defect production.The Innovation Centre offers hands-on demonstrations of the latest torquing and dispensing technologies, highlighting software-driven solutions that optimize efficiency, enhance..

Next Story
Resources

Elite Elevators Unveils India’s First Fully Customizable Home Elevator

Elite Elevators, a leader in the premium home lift segment, has launched Elite Elevators Bespoke—India’s first fully customizable luxury home elevator. The launch event, held at the company’s Chennai headquarters, showcased how the new offering redefines residential mobility by integrating state-of-the-art technology with personalized design.Speaking on the launch, Vimal Babu, Founder and CEO, Elite Elevators, said, “At Elite Elevators, our mission has always been to revolutionize home mobility with world-class innovations. Through its enhanced customizable features, our Bespoke elevat..

Next Story
Real Estate

Under-Construction Homes Now Costlier Than Ready-to-Move Properties

Under-construction (UC) homes are now more expensive than ready-to-move (RTM) properties across major Indian metros, according to the latest insights from Magicbricks.In Delhi, UC homes are priced at Rs 25,921 per sq. ft., surpassing RTM properties at Rs 18,698 per sq. ft. Similarly, in Gurugram, UC homes cost Rs 17,185 per sq. ft., compared to Rs 14,617 per sq. ft. for RTM properties.Mumbai, India’s costliest real estate market, has also seen a sharp rise, with UC home prices soaring 33.4 per cent Y-o-Y in Q1 2025 to Rs 32,371 per sq. ft., while RTM properties stand at Rs 28,935 per sq. ft...

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?