Food & Civil Supplies Minister Kunwar Vijay Shah has said that there were immense possibilities of expansion of warehousing and logistics hub in MP since the State was situated in the heartland of the country.
The Food Minister was addressing investors at the seminar “A Warehousing and logistics Hub” during Global Investors Summit here on Wednesday.
The Minister said that Madhya Pradesh has implemented Warehousing and logistics Policy in year 2012. Under the policy, investors are given 15 per cent capital subsidy and 5 per cent interest subsidy. Following implementation of this policy, construction of godowns of 15 lakh MT capacity has been started in the State. Of these, godowns of 2.35 lakh MT capacity have been completed. He said that construction of steel silos is being promoted in the State. Construction of steel silos of 5 lakh MT capacity has been started at 10 places.
He informed that first logistics hub of the State is coming up at Pawarkhera in Hoshangabad district.
He said that circumstances were conducive for developing a logistics hub in the State due to presence of railway line in Burhanpur, Ujjain, Ratlam, Katni, Jabalpur and Bina. He said that land has been identified for this at Bina and Katni. He also urged investors to give a proposal of selling their products through State’s 22 thousand fair price shops. The Food Minister also informed about the first Centre for Perishable Cargo at Indore.
Principal Secretary Food and Civil Supplies Ashok Warnwal informed that investors are excited due to construction of godowns in the State during last 3 years. He informed that in year 2014, private sector storage capacity in the State is 112 MT and 46 MT in Government sector. He informed that possibility of perishing of food grains has reduced to 0.1 percent in the state due to presence of adequate number of godowns.
Warnwal informed that food grains godowns are still insufficient in Rewa, Shahdol, Jabalpur divisions and Sheopur district. He said that investors will get encouraging results if they come to this sector. The Principal Secretary also informed about logistics hub coming up at Pawarkhera. He said that `140 crore is being invested in it.
During the session, CEO of Terminal and Infrastructure limited Sant Khare and Associate Director of Canada Pacific Consultancy Services Anurag Gupta also informed about their organisations. MD of Container Corporation of India Anil Gupta informed that his organisation is running 63 terminals in the country and it has achieved turnover of `5,300 crore. He urged investors to invest in this sector in view of good possibilities.