Tuesday, February 18th, 2025

PM Gati Shakti: Rs 11.17 lakh crore mega push with 434 projects to transform India’s logistics


The Finance Ministry has announced the identification of 434 projects under the PM Gati Shakti initiative to strengthen India’s logistics infrastructure.

“With 434 projects identified under the three key economic corridor programmes, the PM Gati Shakti for multi-modal connectivity will ensure both logistics efficiency and logistics cost reduction,” the Finance Ministry posted on Twitter. #BudgetForVixitIndia”

These projects, part of three major economic corridor programs, aim to improve multi-modal connectivity and enhance logistics efficiency with a large outlay of Rs. 11.17 lakh crore.

The three major economic corridors under the program are energy, mineral and cement corridors; Port Connectivity Corridor; and high traffic density corridors. Together, these corridors will ensure streamlined transportation networks that will meet the growing demand for efficient logistics, benefiting critical industries such as energy, cement and port operations.

The Finance Ministry highlighted the progress in a post on Twitter, saying, “With more than 91 #GatiShakti cargo terminals #GCT operational & 234 in-principle approvals granted, #GCT enhances multimodal logistics facilities for #PMGatiShakti Used to be. #BudgetForVixitIndia”

GatiShakti Cargo Terminal

The announcement underlines the government’s commitment to deliver on its budgetary promises aimed at boosting economic growth and infrastructural development.

Significant progress has already been made under the Gati Shakti Cargo Terminal (GCT) programme. As of October 31, 2024, 91 terminals have been operational, and 339 applications have been received to develop new terminals.

Additionally, 234 projects have been given in-principle approval, indicating the rapid pace of implementation under this initiative.

A deeper look at the progress shows that 192 projects relate to energy, mineral and cement corridors, 200 are part of high traffic density routes, and 42 are focused on port connectivity.

Of these, Detailed Project Report (DPR) has been prepared for 156 projects. These include 68 projects covering 6,290 km of track length at a cost of Rs. Rs 1,11,663 crore has been sanctioned.

Additionally, 88 projects spanning 10,603 km are undergoing appraisal and inter-ministerial consultation, estimated to cost Rs. 2,25,301 crores.

This corridor-based approach is set to revolutionize India’s logistics sector by increasing efficiency and significantly reducing costs. This initiative is in line with the government’s broader vision of creating a developed India, or “Vikshit Bharat”, by boosting infrastructure investment and economic growth under the Union Budget for 2024-25.



Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *