Chief Minister N Chandrababu Naidu (file photo) X
News Updates

CM Naidu approves creation of Andhra Pradesh Logistics Infrastructure Corporation

Chief Minister N Chandrababu Naidu on Tuesday approved the creation of Andhra Pradesh Logistics Infrastructure Corporation

PTI

New Delhi: The Chief Minister N Chandrababu Naidu on Tuesday approved the creation of Andhra Pradesh Logistics Infrastructure Corporation, which will serve as a nodal agency for strengthening logistics infrastructure and cutting down costs in the state.

PSU Watch is now on Whatsapp Channels. Click here to join

The Andhra Pradesh Logistics Infrastructure Corporation (AP – LInC) will integrate ports, airports, roads, inland waterways and cold storages.

“Naidu gave green signal to establish AP-LInC. The corporation aims to link ports, airports, roads, inland waterways and cold storages, and to act as a nodal agency to improve logistics infrastructure to bring down logistics cost,” said an official release.

With the appointment of a managing director, AP – LinC will take charge of attracting large scale investments while functioning as a government holding company, the CM noted.

The corporation will also oversee improvements to logistics infrastructure in the state.

Further, Naidu said district level cells will be set up to promote logistics sector at the field level, including improving it in remote areas.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

India, Russia-led EAEU to start talks for trade pact from Wednesday: Goyal

Adani Enterprises opens one of India's largest rights issues

Private sector entry into navigation systems will boost India's 2047 vision: ISRO Chief

Govt appoints Executive Directors at Union Bank, Central Bank, and Bank of India

Nikhil Dhongari (IRPS) appointed as Deputy Secretary in National Health Authority