India, March 11 -- The National Highways Logistics Management Limited, under the Union Ministry of Road Transport and Highways (MoRTH) and Inland Waterways Authority of India (IWAI), under the Union Ministry of Shipping and Waterways signed an MoU to develop a Multi-Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh, on Tuesday.

The 150-acre park will strategically connect to NH7 via a 650m access road and is just 1.5 km from the NH7-NH2 junction, MoRTH said in a statement.

It will also seamlessly integrate with the Eastern Dedicated Freight Corridor through a 5.1 km railway line from Jeonathpur Station and National Waterway-1 and is located 30 km from Lal Bahadur Shastri Airport, the statement added.

An IWAI official said the econ...