Assistance to Logistic Parks

4. Who will be eligible?

1. Any Industrial Association / any enterprise registered under Societies Act, Partnership Act, Trust Act, Companies Act or SPV constituted for setting up of Logistics Park shall be eligible to develop Logistic Park under this scheme.
2. Park should be developed in atleast minimum area of 20 Hectares and providing infrastructure facilities for logistic services like cargo aggregation / segregation, distribution, inter-modal transfer of material and container, open ad closed storage, ambient condition storage for transit period, custom bonded warehouse, container freight station, material handling equipment and business & commercial facilities as per requirement of the Park for efficient movement and distribution of semi-finished or finished products.

5. Assistance Available

• Assistance @25% of eligible Fixed Capital Investment (excluding cost of land & transport vehicles) with maximum ceiling limit of Rs. 15 crores 
• The Institution developing the Logistic Park shall be eligible for reimbursement of stamp duty paid on purchase of land @100%.

6. Basic Conditions of Scheme

• Logistic Park as approved by the SLEC should be completed within the period of three years from the date of approval by Industries Commissioner 
• The institute shall be responsible to maintain the Logistic Park atleast for ten years after its completion.