“The emphasis on infrastructure and logistics are expected to provide a much needed boost to the industrial and logistics segment of the real estate sector,” said Anshuman Magazine, Chairman and Managing director, CBRE South Asia.
The Railway Minister has also announced various positive initiatives in the Budget , including a number of infrastructure and logistics initiatives like the completion of four dedicated freight corridors this year, together with the establishment of a Transport Development Corporation of India for providing end-to-end logistics solutions through public–private partnerships.
Welcoming the announcements, Anshuman Magazine said “The Rail Budget also announced setting up 35 multi-modal logistics depots and re-vamping 10 existing logistics centres.”