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Balmer Lawrie Plans Rs.400 cr capex

Industry Other Services

Balmer Lawrie & Co Ltd along with Visakhapatnam Port Trust is setting up a multi-modal logistic hub in Visakhapatnam at a cost of Rs.220 crore. It will have a container freight station, warehouses including cold storages and railway sidings. Besides, it is also setting up seven temperature-controlled warehouses across the country with an investment of Rs.165 crore. It will be executed through phases.

Extracted from HBL, Sep 22,’15



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