Gateway Distriparks upgrades capacity at its ICD in Gurgaon

12 Dec 2022 , 09:18 AM

Gateway Distriparks Limited has announced the completion of upgradation work of rail-side capacity at its flagship Inland Container Depot (ICD) located at the Garhi-Harsaru railway station in Gurgaon with commissioning of the 6th railway line at the terminal.

ICD Gurgaon is the largest hub of the company where Gateway Distriparks consolidates containers from its other locations in the North region, and is able to increase double stacking of containers for the longest distance while also using the operational segments of the Western Dedicated Freight Corridor to reduce transit time.

Prem Kishan Dass Gupta, Chairman & Managing Director, commented, “We already have the fastest transit time in the NCR market to the Mundra, Pipavav and Nhava Sheva ports and now by adding Line No. 6, the operational efficiencies and the turn-around time of our trains will further improve, which will help export & import customers with faster deliveries of their cargo.”

At around 9:18 AM, Gateway Distriparks Ltd was trading at Rs69.30 per share lower by 0.07% on the BSE.

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