Industry body proposes freight villages to reduce logistics cost for traders
The Dollar Business Bureau An industry body has sent a proposal to the government for the setting up of freight villages that will help traders to reduce logistics costs by providing an umbrella of services. “Freight villages are logistics concentration points, which are developed at strategic locations to provide various logistics-related activities such as warehousing, packing, re-packing, break-bulk centre, and truck parking, said ASSOCHAM (The Associated Chambers of Commerce of India), which has submitted a proposal to Transport and Shipping Minister Nitin Gadkari. The concept of freight village is based on the European model of clustering related logistics activities, the ASSOCHAM said. In Europe, freight villages are usually operated under public-private partnership mode. According to the proposal, an area closer to a merging point ...
