Warehousing to get benefits at par with industries in Hry

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To give a fillip to the warehousing and logistics sector, the Haryana Government has decided that the warehousing sector would be recognised at par with industries for availing benefits.

Besides, a certain percentage of area would be assigned for building common warehousing facility in all Industrial Estates in the state, said Chief Minister Manohar lal, while addressing the India Integrated Transport and logistics Summit-2017 in New Delhi on Friday.

He said that under the Maha Nivesh Yojana, the warehousing and logistics sector is eligible for special package of incentives through the approval of Haryana Enterprise Promotion Board.

On the occasion, two Memoranda of Understanding were signed on the occasion for establishing Multi-Modal logistic Hub and Park at Nangal Chaudhary, district Mahendragarh.

Spread over 900 acres, the Integrated Multi-Model logistic Hub would be the biggest integrated logistics hub of north India. Once completed, it is expected to reduce the travel time drastically.

 Expressing concern over the impact of high cost on account of transport, handling and storage of goods, on global competitiveness, the Chief Minister said that Haryana had tremendous potential to grow and contribute in the warehousing and logistics sector.

Daily Pioneer
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