34 MoUs worth Rs.2 lakh crores signed at India Integrated Transport & Logistics Summit

Thirty-four MoUs, amounting to about 2 lakh crores rupees, were signed at the India Integrated Transport and Logistics Summit that concluded in New Delhi yesterday. 

Addressing the Summit, Union Minister for Road Transport and Highways Nitin Gadkari said, the 2 lakh crore rupee investment is just the tip of the iceberg as the ball has been set rolling after the



first mega step of integrating various departments. He said, the need of the hour is to join hands for an integrated approach to spur infrastructure growth. 

Of the total 34 investment pacts committed, more than 15 pertain to setting up multi-modal logistics parks by state governments. Agreements for port connectivity and land ports were also inked.