Keeping in mind growing trade in North India Delhi International Cargo Terminal (DICT) is eyeing 25 per cent of NCR’s 15 lakh TEU containers and cargo trade per annum by 2016.
“After integrated rail-linked cargo terminal and inland container depot at Sonepat gets operational from August 15 we expect to corner at least 25 per cent of market share of the NCR by 2016,” said DICT Vice President IVS Murlidhar.
“The facility has a capacity to handle 500,000 TEUs of containers annually and is equipped with a large container storage yard, EXIM warehousing with a capacity of 50,000 square feet and a equal capacity planned for the future,” he added.
Set up at an initial investment of Rs200 crore by shipping and logistic services provider J M Baxi Group, the integrated rail-linked cargo terminal and inland container depot at Sonepat will start commercial operations from August 15. The facility off the National Highway No 1 would see a phased investment of Rs600 crore by 2016 apart from initial Rs200 crore in the first phase.