News / Indian government looks to bolster economy with 100-terminal investment

Credit Adani Group

India’s inland logistics and warehousing industry is poised for a big take-off with the government declaring multimodal connectivity as a critical area to attract investors.

As part of fiscal year 2022-23 budget proposals presented today, Indian finance minister Nirmala Sitharaman said 100 new cargo terminals would be developed in the country over the next three years.

“The Gati Shakti – a national programme for multimodal connectivity – aims to bring 16 ministries, including railways and roadways, together for integrated planning and co-ordinated ...