Summary:
The state-run Maharashtra Industrial Development Corporation (MIDC) has proposed the development of logistics hubs in six corridors comprising Nagpur-Wardha, Jalna-Aurangabad, Chakan-Talegaon-Hinjewadi-Ranjangaon, Khalapur-Taloja, Shahpur and Tarapur over the next two years. The government expects an investment of over Rs 20,000 crore in the proposed logistic hub. Apart from Indian companies, investors from China, Singapore and Indonesia have already evinced interest to invest in the upcoming logistics hubs. MIDC will develop logistics hubs in its own industrial estates and also play a role of planning authority and nodal agency for the development of these hubs. He said the Singapore based Ascendas is setting up a logistics hub at Chakan on 100 acres..