Steel Exchange India has announced a strategic non-binding collaboration with Vizag Profiles Logistics (VPL) and Hind Terminals (HTPL) to explore the development of a General Cargo Terminal (GCT) and a Multi-Modal Logistics Park (MMLP) in Visakhapatnam.
This collaboration marks a significant step toward unlocking cargo movement potential across both inland and coastal routes. The parties intend to jointly evaluate and pursue opportunities related to: „h
- Operation of container trains from the proposed General Cargo Terminal (GCT) „h
- Coastal shipping of cargo using domestic barges and containers „h
- Rail-based inland transport for steel and general cargo „h
- Development of end-to-end multimodal logistics services
The proposed initiatives will bring together the strengths of all three entities: „h
- SEIL¡¦s developing GCT rail siding, „h
- VPL¡¦s established regional logistics infrastructure, and „h
- HTPL¡¦s expertise in port-linked cargo operations.