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    Mr Juergen Bauer, Chairman & Founder of Tenthpin along with Mr Michael Schmidt, CEO & Founder of Tenthpin inaugurating the AI & IoMT based Lifesciences Innovation hub at Hosur Road, Bengaluru. Seen in the center is Mr Sachin Bhure, Managing Director, Tenthpin India.

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    Mr Juergen Bauer, Chairman & Founder of Tenthpin along with Mr Michael Schmidt, CEO & Founder of Tenthpin inaugurating the AI & IoMT based Lifesciences Innovation hub at Hosur Road, Bengaluru. Seen in the center is Mr Sachin Bhure, Managing Director, Tenthpin India.

    Swiss-Based Tenthpin Launches AI-Powered Life Sciences Innovation Hub in Bengaluru.

    PHOTO CREDIT-HYATT

    Introducing a Wine-Country Wonder: The Clayfield Niagara-on-the-Lake’s new boutique hotel joins The Unbound Collection by Hyatt

    Stellantis to Unveil New Mobility Vision with Nine Concept Cars, October 12-18 at Paris Motor Show.

    Secretary, MSDE inaugurates Skills4Future (Shell India) EV & Green Skills Lab at NSTI Bengaluru

    India Calls for Secure, Affordable and Reliable Energy at the G20 Energy Abundance Ministerial Meeting in USA

    PHOTO CREDIT-SEMICON INDIA

    PM to inaugurate SEMICON India 2026 on 17 September in New Delhi .

  • National
    • All
    • Economy & Politics
    • Election

    Candidates must read Kuvempu’s literature before becoming officers: Senior IPS Officer Ravi D. Channannavar

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    PHOTO CREDIT-Manipal-Kanakapura Road.,

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    • All
    • Environment
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    PM addressing at the inauguration of SEMICON India 2026, in New Delhi on September 17, 2026.

    Prime Minister Narendra Modi inaugurates SEMICON India 2026

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NHAI Inks Agreement to Develop Multi Modal Logistics Park at Bengaluru

MMLP Poised to Become First and Largest MMLP Implemented in the Country Under the PM Gati Shakti National Master Plan

FWM by FWM
September 18, 2023
in Business
0
18 SEP 2023 5:05PM by PIB Delhi

National Highways Logistics Management Ltd (NHLML), a 100% owned company of NHAI signed an agreement for the development of Multi Modal Logistics Park (MMLP) at Bengaluru proposed to be developed under the Public Private Partnership (DBFOT) model at an estimated cost of Rs 1,770 crore, the agreement has been signed between Government SPV, Bengaluru MMLP Pvt. Ltd. & Concessionaire SPV M/s. PATH Bengaluru Logistics Park Pvt. Ltd.

The MMLP is being developed in an area of 400 acre at Muddelinganahalli in Bengaluru rural district in Karnataka. The project is poised to become the first and largest MMLP ever implemented in the country under the PM Gati Shakti National Master Plan.

To facilitate seamless logistics movement, the site is strategically located adjacent to the upcoming KIADB industrial area on East side, abutting the NH 648, Dabbaspet to Hosur as well as Satellite Town Ring Road on North side and Bengaluru – Hubli – Mumbai rail line on South side. Bengaluru MMLP is located at a distance of 58 km from Bengaluru Airport and 48 km from Bengaluru city railway station.

The MMLP will be developed in three phases. The first phase is expected to be completed in two years. MMLP will cater to about 30 million metric tonnes (MMT) cargo by the end of concession period of 45 years and will give huge boost to the industrial zones in the catchment region such as Bengaluru and Tumkur.

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A Government SPV is incorporated between National Highways Logistics Management Ltd. (NHLML), Rail Vikas Nigam Limited (RVNL) amd Karnataka Industrial Area Development Board (KIADB).

Development of MMLP is a key initiative of the Government of India to improve the country’s freight logistics sector by enabling efficient inter-modal freight movement to lower overall freight costs and time, provide efficient warehousing, improve tracking and traceability of consignments thereby enhancing the efficiency of the Indian logistics sector.

Tags: BengaluruKarnataka Industrial Area Development Board (KIADB).M/s. PATH Bengaluru Logistics Park Pvt. Ltd.MuddelinganahalliMulti Modal Logistics Park (MMLP)National Highways Logistics Management Ltd (NHLML)PM Gati Shakti National Master Plan.
FWM

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