- Arts & Entertainment
- All Stories
Business & Economy
Gadkari to perform "bhoomi poojan" for Wardha Dry Port on Monday
New Delhi, October 1, 2017
Union Minister of Shipping, Road Transport and Highways Nitin Gadkari will perform the "bhoomi poojan" ceremony of the Wardha Dry Port at Sindi in Wardha, Maharashtra tomorrow.
The dry port is being developed by the Jawaharlal Nehru Port Trust (JNPT) in a bid to provide effective logistics services to the industries in the Vidarbha region and improve cargo throughput at the port, an official press release said.
The release said the proposed dry port is to be constructed over an area of 350 acres in phased development with a total estimated investment of Rs 500 crore. The Phase-I would involve development of around 25 hectares (ha) of the total area, with an estimated cost of Rs.180 crore (including private investment of Rs. 79 crore).
The proposed dry port is estimated to generate traffic of almost 7,000-9,000 TEUs in next 5-7 years. The traffic is expected to ramp up gradually to around 30,000 TEUs in the medium term (by 2030), considering the geographical location advantage, upcoming road and railway connectivity, and increased focus on warehousing and other ancillary industries in the region.
The project is expected to offer direct employment of at least 1000 persons. The project would have the necessary facilities as one-stop shop for export-import based industries such as customs clearance facilities, Container Freight Station, warehousing space, cold storage, liquid storage, truck terminals, and so on.
According to the release, the site is strategically located near the industrial belt of Nagpur and Wardha and is well connected to the other industrial regions in Vidarbha.
The dry port will benefit rice exporters, textile and garments industry, steel and minerals traders, scrap trade, plastics and paper pulp, electrical machinery, automotive parts manufacturers and others located in the region.
Besides, domestic cargo movement is also expected to be routed through the dry port due to its logistical proximity to upcoming Nagpur-Mumbai super communication expressway, national highways and railway connectivity. The dry port shall get connected to the Central Railways network through Nagpur-Wardha line, to Nagpur-Mumbai Super Communication expressway and six lane national highways connecting major cities of Central, Southern and Northern India, the release added.