India, May 8 -- Transport Corporation of India Limited (TCI) has said that it has signed the Letter of Intent (LoI) with National Highways Authority of India (NHAI) for the development and furthering of MultiModal Logistics Parks.

"Recognizing the importance of development of logistics infrastructure in India, TCI has been providing multi-modal logistics solutions via its divisions- TCI Freight, TCI Supply Chain Solutions, TCI Seaways & Joint Venture- TCI CONCOR Multimodal Solutions Pvt. Ltd. and further support Government's initiative of development and furthering of multi modal logistics parks," the company said in a filing to the Bombay Stock Exchange.

The LoI on behalf of TCI was signed by Mr. Rajkiran Kanagala, Group Head- Business D...