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Warehousing and logistics hub can be expended in Madhya Pradesh

BHOPAL: There are immense possibilities of expansion of warehousing and logistics hub in Madhya Pradesh since it is situated in the heartland of the country, says Madhya Pradesh Food & Civil Supplies Minister Kunwar Vijay Shah.

Addressing investors at the seminar on “A Warehousing and Logistics Hub” during the Global Investors Summit at Indore on Wednesday, the Food Minister said that Madhya Pradesh has implemented Warehousing and Logistics Policy in year 2012. Under the policy, investors are given 15 per cent capital subsidy and 5 per cent interest subsidy.

Following implementation of this policy, construction of godowns of 15-lakh MT capacity has been started in the state. Of these, godowns of 2.35 lakh MT capacity have been completed. He said that construction of steel silos is being promoted in the state. Construction of steel silos of 5 lakh MT capacity has been started at 10 places.

The minister said that first logistics hub of the state is coming up at Pawarkhera in Hoshangabad district. He said that circumstances are conducive for developing a logistics hub in the state due to presence of railway line in Burhanpur, Ujjain, Ratlam, Katni, Jabalpur and Bina. He said that land has been identified for this at Bina and Katni.

He also urged investors to give a proposal of selling their products through state’s 22 thousand fair price shops. The Food Minister also informed about the first Centre for Perishable Cargo at Indore.

Principal Secretary Food and Civil Supplies Ashok Warnwal informed that investors are excited due to construction of godowns in the state during last 3 years. He informed that in year 2014, private sector storage capacity in the state is 112 lakh MT and 46 lakh MT in government sector. He informed that possibility of perishing of food grains has reduced to 0.1 percent in the state due to presence of adequate number of godowns.