AMR India awarded contract for Nagpur logistics park
pre-market1 source ↓written by the desknot a recommendation
- contract to develop
- ₹363.438 crore
- and was awarded
- 45-year concession
- was awarded
- 18 March 2023
Hyderabad-based AMR India Ltd has secured a ₹363.438 crore contract to develop a multi-modal logistics park (MMLP) at Nagpur. This deal follows the termination of the previous contract awarded to Deltabulk Shipping due to funding issues. The project spans a 45-year concession and was awarded on 18 March 2023.
This development is significant as it highlights AMR India's growing footprint in the logistics sector, potentially impacting investor sentiment in related industries.
Not investment advice. For informational purposes only.