India's 1st freight village

Varanasi will get the country's first `Freight Village' spread over around 100 acres. The plan to set up this project close to the upcoming multi-mode terminal along the Ganga has attracted major players including Dubai Port World and IL&FS.

Sources said Sharaf Group of Abu Dhabi, a global player in shipping, logistics and supply chain is also keen on the project. They added that the big facility will not only bring investment but also generate jobs.

A `Freight Village' is a specialised industrial estate which attracts companies that require logistics services and can cluster to improve their competitiveness. This will allow relocation of retailers, warehouse operators and logistics service providers supplying the regional FMCG market.

No comments: