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Govt expects Rs.50k cr investment through logistics summit

Union Minister of Road, Transport, Highways and Shipping Nitin Gadkari on Wednesday said that the government expects investments of over…

Govt expects Rs.50k cr investment through logistics summit

Nitin Gadkari (Photo: SNS)

Union Minister of Road, Transport, Highways and Shipping Nitin Gadkari on Wednesday said that the government expects investments of over Rs.50,000 crore through India Integrated Transport and Logistics Summit.

India is hosting the India Integrated Transport and Logistics Summit from May 3 to 5, 2017, in New Delhi.

"It will see several international technology companies participate during the summit which will help in reduction of the logistics cost," said Gadkari while addressing the media here.

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The summit will focus on road freight corridors for economic development, urban transportation, and multi modal logistic parks under public private partnerships.

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