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Business Standard

Steel Exchange collaborates with Vizag Profiles Logistics and Hind Terminals

For development of cargo terminal and multimodal logistics park in Visakhapatnam Steel Exchange India has announced a strategic non-binding collaboration with Vizag Profiles Logistics (VPL) and Hind Terminals (HTPL) to explore the development of a General Cargo Terminal (GCT) and a Multi-Modal Logistics Park (MMLP) in Visakhapatnam. This collaboration marks a significant step toward unlocking cargo movement potential across both inland and coastal routes. The parties intend to jointly evaluate and pursue opportunities related to: h Operation of container trains from the proposed General Cargo Terminal (GCT) h Coastal shipping of cargo using domestic barges and containers h Rail-based inland transport for steel and general cargo h Development of end-to-end multimodal logistics services The proposed initiatives will bring together the strengths of all three entities: h SEILs developing GCT rail siding, h VPLs established regional logistics infrastructure, and h HTPLs expertise in port-linked cargo operations.