Source:
The Hindu
Bangalore, May 31:
Ahead of the Global Investors Meet (GIM), the Karnataka Government has
cleared investments in logistics and warehouses to the tune of Rs 1,000
crore.
Also on its own, the government plans to build four Logistics Parks with
a total investment of Rs 1,800 crore through private partnership route.
To facilitate development across the state, the Infrastructure
Development Department has initiated moves to build Logistics Parks in
Bangalore, Hassan and Hubli on public-private partnership (PPP) mode.
According to a senior Infrastructure Development Department (IDD)
official, the government is looking for an integrated approach by
providing multi-modal/integrated logistics transport centre, warehouses,
inland container depots, domestic rail head, and air cargo centres.
invites registration of interests
Logistics Parks are to come up at Harohalli Industrial Area in Bangalore
with an investment of Rs 500 crore, Dabbaspet (Rs 600 crore), Hassan
(Rs 350 crore) and Hubli (Rs 350 crore).
The department has invited registration of interests (RoI) from global,
national companies and is open to joint ventures and consortia for
development of logistics parks.
An industries department official said the projects cleared recently are
Vikram Logistics and Maritime Services which is investing Rs 342.59
crore to set up logistics services at Maranaikanahally and Samanduru
villages in Anekal.
The project is to come up on 120 acres of land owned by one of the directors of the company.
It is likely to give employment to 675 people. Property developer
Gopalan Enterprises is to build a warehouse at Cheelur village Maralvadi
hobli in Kanakapura with an investment of Rs 188 crore and offer
employment to 5,000 people.
The promoters of the project have sought 104.06 acres of land.
The government has instructed project proponent to obtain consent to an
extent of 70 per cent from the land owners for further assistance.
The Gurgaon-based Siddhivinayaka Farm Fresh is to set up a
muti-commodity agri-cold chain network and logistic hub at
Vishwanathapura near Devanahalli. The project is to come up on 11 acres
on a private land at an investment of Rs 160.66 crore.
Magna Warehousing and Distribution Private Ltd with an investment of Rs
381 crore to develop spaces and infrastructure for IT offices, hotel
rooms, meeting spaces and convention, shopping including food courts,
restaurants, cinema, departmental stores to complement with the location
at EPIP industrial areas at Hoodi Village next to Sri Sathya Sai
Hospital at Whitefield.