Premium
The Ministry of Railways is planning to offer another 200 Gati Shakti Cargo Terminals (GCTs) to corporate houses and freight operators for their rail-based supply chains buoyed by the response received so far, a senior government official told Business Standard. According to estimates, the 200 terminals may require around Rs 12,000-14,000 crore private investment.
In her Union Budget speech of 2022-23, Finance Minister Nirmala Sitharaman had announced the Centre’s plan to set up 100 GCTs in three years.
Â
“The response to the first 100 GCTs has been impressive, and shows that there is appetite in the private sector – both freight
First Published: Apr 28 2024 | 11:45 PM IST