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For development of cargo terminal and multimodal logistics park in Visakhapatnam
Steel Exchange collaborates with Vizag Profiles Logistics and Hind Terminals
06-Aug-2025, 02:37
Steel Exchange India has announced a strategic non-binding collaboration with Vizag Profiles Logistics (VPL) and Hind Terminals (HTPL) to explore the development of a General Cargo Terminal (GCT) and a Multi-Modal Logistics Park (MMLP) in Visakhapatnam.
This collaboration marks a significant step toward unlocking cargo movement potential across both inland and coastal routes. The parties intend to jointly evaluate and pursue opportunities related to: 'h
- Operation of container trains from the proposed General Cargo Terminal (GCT) 'h
- Coastal shipping of cargo using domestic barges and containers 'h
- Rail-based inland transport for steel and general cargo 'h
- Development of end-to-end multimodal logistics services
The proposed initiatives will bring together the strengths of all three entities: 'h
- SEIL''s developing GCT rail siding, 'h
- VPL''s established regional logistics infrastructure, and 'h
- HTPL''s expertise in port-linked cargo operations.
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