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Jalpaiguri (WB), Jan 13 () The first inland container depot (ICD) or dry port in North Bengal began operation beside the tea park at Phulbari in West Bengal’s Jalpaiguri district on Wednesday, a company official said.
An ICD is like a port having facilities for cargo handling and temporary storage of containers. It would help hinterland customers receive port services more conveniently closer to their premises.
In Siliguri’s Inland Container Depot (ICD), Pristine Hindustan, a Logistics Service Provider on Monday started the first consignment to Bangladesh with the mode of Electronic Cargo Tracking System(ECTS).
The ICD or dry port was developed by Siliguri Jalpaiguri Development Authority(SJDA), a development body of state government with the help of the Union government, run by Pristine Hindustan Infraprojects Private Limited.
The port set up on a 29 acre of land in the Dabgram area near Siliguri is the first dry port for domestic and International cargo movement in the region.
Siliguri (West Bengal) [India], June 7 (ANI): In Siliguri’s Inland Container Depot (ICD), Pristine Hindustan, a Logistics Service Provider on Monday started the first consignment to Bangladesh with the mode of Electronic Cargo Tracking System(ECTS).
The ICD or dry port was developed by Siliguri Jalpaiguri Development Authority(SJDA), a development body of state government with the help of the Union government, run by Pristine Hindustan Infraprojects Private Limited.
Kolkata, May 30 (PTI) The first export rake with reefer containers from Siliguri has reached Kolkata Dock System marking the opening up of direct access between Syama Prasad Mookerjee port here and north Bengal.
Reefer containers are refrigerated units that carry perishable items.
The first rake operated by a private container train operator has brought 28 twenty-foot equivalent unit (TEUs) of deep-frozen reefer cargo weighing over 500 tonnes on Saturday, the port authorities said.
This direct rail connectivity opens up direct access of SMP, Kolkata to north Bengal and northeastern India, Port chairman Vinit Kumar said.
In Siliguri’s Inland Container Depot (ICD), Pristine Hindustan, a Logistics Service Provider on Monday started the first consignment to Bangladesh with the mode of Electronic Cargo Tracking System(ECTS).
The ICD or dry port was developed by Siliguri Jalpaiguri Development Authority(SJDA), a development body of state government with the help of the Union government, run by Pristine Hindustan Infraprojects Private Limited.
The port set up on a 29 acre of land in the Dabgram area near Siliguri is the first dry port for domestic and International cargo movement in the region.
Mumbai: CDC-backed logistics services firm Pristine Logistics & Infraprojects Pvt. Ltd has started talks to raise up to Rs400 crore from private equity investors, at least two people aware of the development said.
“Pristine Logistics has appointed investment bank Spark Capital to advise them on the fund raise. The company has initiated the process and has started reaching out to private equity and infrastructure investors. They plan to raise around Rs300-400 crore in this round of fund raising,” said one of the two people mentioned above, requesting anonymity as the talks are private.
NEW DELHI: UTI Capital has invested Rs 60 crore in Delhi-based startup Pristine Logistics & Infraprojects Pvt Ltd, which plans to set up inland container depots and private freight terminals under public-private partnership model of Indian Railways.
“The company has raised Rs 600 million in the first round of funding from India Infrastructure Development Fund, a private equity fund managed by UTI Capital,” Pristine Logistics’ director Rajnish Kumar said. SSKM Corporate Advisory Pv ..
MUMBAI: CDC Group will purchase a significant minority stake in UTI Capitalbacked unlisted freight terminal maker Pristine Logistics and Infrastructure for Rs 200 crore, the third direct investment by the British fund in India, two people with direct knowledge of the development said.
The fund typically prefers to invest in private equity funds as investor, known as limited partners in industry parlance.
Pristine Logistics & Infraprojects Pvt Ltd, a Delhi-based infra-logistics player, has announced that it has bought the Rs 50 crore, all-India container train operator (CTO) licence of R-Infra, the Anil Ambani-led company, last week.
Founded by Mr Amit Kumar and Mr Rajnish Kumar, along with Mr Sanjay Mawar and Mr Durgesh Govil, Pristine operates three rail terminals, in Kanpur, Ludhiana and Patna.
UK-based development finance institution CDC Group Plc is investing $25 million (over RS 150 crore) in Pristine Logistics & Infraprojects Pvt Ltd, a New Delhi-based company involved in railway freight in rural and under-served parts of the country, it said on Thursday.
