- City-based Sravan Group, has decided to develop a world-class logistic park and free trade warehousing zone in Visakhapatnam.
- The logistic park and free trade warehousing zone will be developed keeping in view the efforts to make Visakhapatnam a container hub.
- The group will also develop a CFS in 100 acres in Pedagantyada mandal for which civil work has already been launched.
- It will have empty yard, repair yard, warehousing and customs bonding facility for export and import cargo.
Source: The Hindu