Multi-modal logistics park to be prepared by April 2026

Phase I of the large Multi-Modal Logistics Park (MMLP) at Mappedu, aimed toward enhancing logistics effectivity, is steadily taking form and is predicted to be prepared by April 2026, Sunil Paliwal, chairperson of Chennai Port Authority stated.

Talking on the sidelines of Blue Economy Summit Tamil Nadu (BESTN 2025) that was organised by Tamil Nadu Maritime Board (TNMB), Mr.Paliwal ssaid that Chennai Port has been seeing a progress of 9.7%. “Growth is pushed by improved containerisation and low cost metrics. And GDP is rising quick on this a part of the nation,” he stated.

To a question on influence of tariffs, he stated: “If you have a look at April, May and June – the container progress was excessive. The distinctive excessive quantity we noticed in April and May would have been to beat these tariff deadlines.” He additionally identified that despite the fact that tariffs have been in impact there has not been a lot influence. “Ideally there ought to have been a powerful dip – however we don’t see that a lot of it. Ultimately individuals are resilient – there shall be some shocks however they may discover compensatory mechanism and different locations,” he stated.

E.V. Velu, Minister of Public Works, Highways and Minor Ports, Government of Tamil Nadu, stated that the coastal economic system would play a important position in Tamil Nadu’s $1 trillion economic system journey.