Union minister for railways Suresh Prabhu and Punjab chief minister Parkash Singh Badal will lay the foundation stone of Multi-Modal Logistics Hub (MMLH) at Kila Raipur in Ludhiana on January 20. This would also ensure financial development of historical Kila Raipur village.
Kila Raipur village is famous for its rural olympics, which are being organised there for the last several decades. A decision in this regard was taken by the chief minister while presiding over a high-level meeting of the officers of the state government and the railways ministry at his office in Chandigarh on Tuesday.
While giving information, Ludhiana deputy commissioner (DC) Rajat Agarwal said, “The MMLH is to be constructed at a cost of `500 crore in Kila Raipur and it will prove to be a game changer for the industry of the state.”
This MMLH would provide direct linkage to the Eastern Freight Corridor, adding that Ludhiana-Dhuri-Jakhal feeder line would join it with the Western Corridor at Rewari, thereby benefitting the industry of the state immensely by prompt, easy and cheap transport of raw material and finished goods through the railways.
Agarwal said the MMLH was important for the industry because in the future as per the Foreign Trade Act-1992, only MMLH could handle export-import (EXIM) cargo. He said this MMLH would be enabled with the facility for reefer containers for domestic and international cargo, silo storage for one lakh metric tonne grains. The domestic terminal would have a storage facility on the railhead for steel, fertiliser, cement and others that would cut down logistics cost drastically.
“This MMLH will be equipped with the ultra-modern facilities like container-handling yard, bulk-handling yard, rail side warehousing, multi-user warehousing, temperature-controlled warehousing, truck terminus and others,” said Agarwal.
At present, the export-import (EXIM) traffic of Punjab was four lakh containers and domestic traffic from the state was about 25,000 containers. After the completion of the first phase of this project by March 2016, it would capture EXIM traffic generated in the area and the projected traffic would be 7.5 lakh containers or 45% of the total traffic by 2035. The double decker carriage to be initiated from this MMLH would ensure 33% reduction in the inland transportation cost.
The project would provide direct employment to about 500 organised labour, whereas indirect employment to about 2,000 transporters, 1500 private labour and 500 third party surveyors, besides several others.
In charge, Punjab Traders Association Zone 3 of the Punjab Government, Madan Lal Bagga said this MMLB would prove very beneficial for the traders of the state as well as of Ludhiana.