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The approval comes ahead of the Global Investors’ Summit, to be held in state capital Lucknow in February next year.
India’s Uttar Pradesh state cabinet has approved the ‘UP Warehousing and Logistics Policy 2022’, according to state’s industrial development minister Nand Gopal Gupta, who recently said the objective of the policy is to create a strong transport infrastructure network and upgrade and improve the existing warehousing and logistics infrastructure, Gupta said.
He said the policy will prove to be quite useful in creating a global-level business environment and developing a logistics ecosystem in the state, a news agency reported.
“On the other hand, the infrastructure of facilities like storage facilities, logistic park, dry ports and cargo terminal etc. will get an expansion. It will help in making the state a $1-trillion economy,” the minister added.
Fibre2Fashion News Desk (DS)
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