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