KT Rama Rao lays foundation stone for Logistic parks

Hyderabad, Oct 07 (ANI): As many as 12 logistic parks will be developed around Hyderabad, Telangana’s Industry said Minister K.T Rama Rao. KT Rama Rao laid the foundation stone for the logistic parks at Batasingaram and Mangalpally. The two parks are coming up at a total cost of Rs 55 crore. Speaking after laying the foundation stone for two logistic parks, he said 10 more would come up around the city, which has the potential to become the logistics hub of India. He said the proposed parks would be multimodal ones, integrating air, road and rail connectivity. Rao said Hyderabad, which was centrally located was well positioned to become logistics hub of the country. The city has world-class airport. He said e-commerce companies like Amazon and Flipkart were also developing their largest fulfilment centres in Hyderabad.

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