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Gateway Distriparks Secures Exclusive Container Train Operations at Ankleshwar MMLP

Story Highlights
  • Gateway Distriparks signs a 15-year deal for exclusive train operations at Ankleshwar MMLP.
  • The partnership boosts Gateway’s presence in Western India, enhancing logistics efficiency.
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Gateway Distriparks Secures Exclusive Container Train Operations at Ankleshwar MMLP

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Gateway Distriparks Limited ( (IN:GATEWAY) ) has issued an update.

Gateway Distriparks Limited has signed a 15-year agreement to become the exclusive container train operator for the Multi Modal Logistics Park (MMLP) at Ankleshwar, Gujarat, developed by Sawariya Group of Industries. This strategic partnership enhances Gateway’s presence in Western India, allowing it to serve key industrial zones and offer efficient rail transportation services, reducing carbon emissions and costs. The facility, capable of handling double stack trains, is directly connected to the Western Dedicated Freight Corridor, and is expected to significantly improve logistics efficiency for both domestic and EXIM customers.

More about Gateway Distriparks Limited

Gateway Distriparks Limited is an integrated inter-modal logistics service provider with a network of 10 owned container terminals and 1 rail serviced container terminal across India. The company operates a fleet of 34 trainsets and over 560 trailers, providing end-to-end solutions to the EXIM industry, including warehousing, rail and road transportation, and container handling services.

Average Trading Volume: 160,627

Technical Sentiment Signal: Sell

Current Market Cap: 33.05B INR

Find detailed analytics on GATEWAY stock on TipRanks’ Stock Analysis page.

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