By 2047, India will require nearly 215 operational next-generation Multimodal Logistics Parks (MMLPs) to meet rising freight demand, as the country’s logistics efficiency has improved by 59% over the past decade, according to a study released by CII and Knight Frank India on Friday.

A Union government official had told HT that the government had now downscaled its approach to build only nine of them, primarily due to land acquisition constraints | India News

India has significantly cut logistics costs through infrastructure investment. However, the nation requires more Multimodal Logistics Parks to achieve greater efficiency. These…