Government expects Rs 50,000 cr investment through logistic summit

New Delhi, March 15: Union Minister of Road, Transport, Highways and Shipping Nitin Gadkari on Wednesday said that the government expects investments of over Rs 50,000 crore through India Integrated Transport and Logistics Summit.

India is hosting the India Integrated Transport and Logistics Summit from May 3 to 5, 2017, in New Delhi.

"It will see several international technology companies participate during the summit which will help in reduction of the logistics cost," said Gadkari while addressing the media here.

The summit will focus on road freight corridors for economic development, urban transportation, and multi modal logistic parks under public private partnerships.