Push for private investments: 200 additional Gati Shakti terminals on the map
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The additional Gati Shakti Cargo Terminals may require up to Rs 14,000 cr of private financing
The Ministry of Railways plans to offer another 200 Gati Shakti Cargo Terminals (GCTs) to companies and freight forwarders for their rail-based supply chains, buoyed by the responses received so far, a senior government official told Business Standard. According to estimates, the 200 terminals will require around Rs 12,000-14,000 crore private investment.
In her Union Budget 2022-2023 speech, Finance Minister Nirmala Sitharaman had announced the Centre’s plan to set up 100 GCTs in three years.
“The response to the first 100 GCTs has been impressive and shows that there is interest in the private sector – both freight and
First print: April 28, 2024 | 11:45 PM IST