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07:29 PM | Thu, 30 Jun 2016

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Gateway Distriparks Commences Construction of Logistics Park at Krishnapatnam Port in Andhra Pradesh

177 Days ago

Gateway Distriparks Limited (GDL), ​the largest Pan-​I​ndia Container Freight Station (CFS) operator​,​ has ​now ​commenced construction of ​its ​Logistics Park ​at ​Krishnapatnam Port in Andhra Pradesh after receiving all necessary state government approvals.​

 

Targeting the trade in the Andhra Pradesh, Telengana and Karnataka region, the Logistics Park will offer comprehensive supply chain solutions through a CFS, general warehousing and reefer/cold storage services​ along with transportation facilities.

 

Keeping in view the fast paced development of industry in the region, Mr. Prem Kishan Gupta, Chairman and Managing Director of GDL said, "The Company is keen on commencing operations and has planned for the first phase of general warehousing and reefer and cold store to be ready by September 2016,​and the CFS to be operational by end of December 2016.​​"

 

​​GDL is already present at Nhava Sheva, Chennai, Visakhapatnam and Kochi. ​​The CFS at Krishnapatnam port, which is strategically located between Chennai and Visakhapatnam ports, will be GDL's 7th CFS.  The Logistics Park will be the first of its kind at Krishnapatnam Port ​and drawing on its experience as a market leader in the industry, GDL has planned the 48 acre area with world class infrastructure tailored to the trade's requirements and state-of-the-art technology to maximize efficiency once operations commence.​ ​​​The total capex of this project will be to the tune of Rs. 150 crores, with Rs. 80 crores utilised towards cost of land and construction of the first phase, and the balance Rs. 70 crores for the second phase.

 

Mr Gupta said, "The container logistics sector in India has been growing with new ports developing clean cargo and container terminals. This Logistics Park will be our second offering to the EXIM trade of Andhra and Telangana, and will be developed with the same high standards that the trade has come to expect of Gateway's facilities. He further added that “through the Logistics Park, we aim to provide complete solutions to the trade for handling, storage and distribution of EXIM, domestic, reefer and frozen cargo."

 

About GDL:

GDL is a leader in Container logistics in India and operates port-side Container Freight Stations (CFS) in Nhava Sheva, Chennai, Vishakhapatnam and Kochi while its subsidiary, Gateway Rail Freight Limited, the largest private container rail transportation company in India, operates a fleet of 25 rakes and 265 trailers between Nhava Sheva, Mundra and Pipavav and its owned Inland Container Depots (ICD) in Gurgaon, Faridabad, Ludhiana and its domestic terminal at Navi Mumbai.

 

Snowman provides temperature controlled storage and distribution solutions across India and is also the largest player in the industry with over 95,000 pallets of storage in 19 cities and a fleet of over 250 refrigerated vehicles. GDL has planned a new CFS in Krishnapatnam and Gateway Rail is setting up a new ICD in Viramgam, Sanand/Ahmedabad region.

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