MPIDC obtains land for INR 1,110 crore multimodal logistic park

The Madhya Pradesh Industrial Development Corporation (MPIDC) has successfully purchased 112.6 hectares of land for this ambitious project. Development work is planned to begin by the end of 2024, a critical step in improving the region’s infrastructure. The MMLP will be built under a Public-Private Partnership (PPP) model on both private and government land. The project comprises 90 hectares from local villages and 22 hectares of government property. Compensation conflicts caused delays in the land purchase process, particularly in Jamodi village, where the collector’s guideline rates were lower than in neighboring districts. However, recent developments have alleviated these obstacles, allowing MPIDC to gain the final 63 hectares required for the project.

The MMLP was established through collaboration between various significant players, including National Highways Logistics Management Limited (NHLML), Rail Vikas Nigam Limited (RVNL), and MPIDC. This collaboration intends to build a cutting-edge logistics hub that combines road and rail travel, increasing the efficiency of commodities moving in the region.

The MMLP is intended to significantly improve supply chain logistics, lower transportation costs, and attract new investors to Madhya Pradesh. As the state’s infrastructure improves, projects like the MMLP will be critical in supporting economic growth and creating job opportunities for local communities.

To summarize, the Multi-Modal Logistic Park in Pithampur is a substantial investment in Madhya Pradesh’s future. With the groundwork prepared for expansion, the project has the potential to revolutionize the region’s logistics landscape and promote the growth of diverse sectors. As the building begins, stakeholders and the local community are excited about the benefits this facility will bring to Indore and beyond.