Sri City has launched a logistics and warehousing park to spread over 500
acre in Andhra Pradesh at an initial investment of Rs 50 crore.
Sri City is likely to form an exclusive zone in the 5,800 acre Sri City SEZ
with an adjacent Domestic Industrial Zone. An area of 250 acre is allocated in
the SEZ for the development of a Free Trade Warehousing Zone and another 250
acre in the domestic industrial zone to meet the requirements of the growing
Indian market.
A S Cargo has inked an agreement with Sri City as a co-developer to build the
warehousing facilities in over 50 acre with an investment of Rs 100 crore. The
Sri City Logistics & Warehousing Park will be equipped with the state-of-the-art
trans-shipment facility and 3PL services.
Also See:
17 companies to
infuse Rs.800 cr in Sri City SEZ (22-Dec-08)