Another key development will be the upcoming Logistics Park at Dahej.
Indian Logistics Industry is expected to grow at a CAGR of 8.6 percent between 2015 and 2020, which grew at a CAGR of 9.7 percent during 2010-2015.
Transportation and Communication accounted for 7.0 percent of the nation’s GDP in 2015, accounting for around US $130.44 billion.
The key drivers of this growth are infrastructure investment associated with ports, airports, and other logistics development plans, domestic demand growth and increasing trade.
In 2014-15, GIDC allotted land to many investors in PCPIR region and majority of these allottees are likely to commence production by 2018. That means the demand of logistics and related infrastructure will increase substantially after 2018.
Dahej Logistic park is more promising in terms of realization of investment as compared to other competitors spread across country due to it’s being a part of PCPIR and hence having privileged policies, existing large industrial units (client base) and strategies location on DMICDC – which helps to connect with the other potential clients.
A draft master plan for the park development has been prepared considering the land area available, constraints posed by existing industries and status of development, requirements from demand assessment and potential users and other issues that have a bearing on a feasible plan.