Jharkhand, India’s economic powerhouse, is poised to become the nation’s leading Multimodal Logistics hub with the introduction of the Jharkhand Multimodal Logistics Policy 2024. As the cornerstone of trade and commerce, the logistics sector plays a vital role in ensuring the seamless movement of goods across supply chains. Valued at $215 billion, India’s logistics ecosystem is expected to grow at a CAGR of 10.5% by 2025. Recognized as an “Achiever” in the Logistics Ease Across Different States (LEADS) Index 2024, Jharkhand is committed to creating an integrated Multimodal Logistics ecosystem that enhances operational efficiency, promotes sustainability, and strengthens competitiveness.
The Jharkhand Multimodal Logistics Policy 2024 aims to create a globally competitive logistics ecosystem that drives industrial growth and solidifies the state’s position as a leading hub for trade and commerce. By 2026, the policy targets include:
To achieve the state’s logistics ambitions, the Jharkhand Multimodal Logistics Policy 2024 focuses on:
Jharkhand is adopting a multi-pronged approach to enhance the state’s logistics ecosystem:
State Multimodal Logistics Cell
Multimodal Logistics Policy Cell
City Multimodal Logistics Coordination Committee
To promote private sector involvement and accelerate the development of logistics infrastructure, the Jharkhand Multimodal Logistics Policy 2024 offers a range of incentives. These incentives ensure that Jharkhand remains an attractive destination for logistics investments.
Incentive Type | Details |
Development of Multimodal Logistics Infrastructure | The state invites private developers to build Integrated Multimodal Logistics Parks, Dry Ports, Warehousing Zones, and Industrial Clusters. Projects developed on government land through the Land Bank Scheme will enjoy land allocation at concessional rates, with no stamp duty applicable. |
Support for Last-Mile Connectivity | The state will provide utilities like water, power, and road/rail connectivity to logistics projects. Support will be capped at 10% of fixed capital or ₹10 crores, with a higher limit of 20% or ₹25 crores for rail-based infrastructure. |
Skill Development in Logistics | Jharkhand will establish Centres of Excellence (CoE) in partnership with leading industry players to offer technical and non-technical training for logistics professionals. Selected ITI training facilities will be dedicated to logistics industry skill development. |
Technology and Innovation Support | Jharkhand will reimburse 50% of the cost for the installation of logistics management software, with a cap of ₹20,000 per company. Additionally, Quality Management Systems (such as ISO standards) will be supported with 50% reimbursement of the implementation cost, up to ₹5 lakh per facility. |
Jharkhand is leveraging technology as a central driver for enhancing logistics efficiency and reducing costs. The policy encourages the adoption of Multimodal Logistics management software, Incident Detection Systems, and data-driven planning tools under the PM GatiShakti National Master Plan to improve project visibility and coordination.
To foster innovation, a special Innovation Fund of ₹1 crore will be created to support start-ups in the logistics sector. Additionally, Jharkhand will provide reserved office space in Multimodal Logistics hubs for start-ups, encouraging the development of technology-driven solutions.
The policy highlights the importance of port-led Multimodal Logistics development, capitalizing on Jharkhand’s coastal advantage. With Jawaharlal Nehru Port Trust (JNPT) being India’s largest container port, the state aims to enhance EXIM Multimodal Logistics and develop Railway Sidings to improve intermodal connectivity.
Additionally, unused land owned by government departments will be monetized to create shared logistics infrastructure, including cold storage facilities, warehouses, and truck terminals. These facilities will support efficient first and last-mile delivery, ensuring smooth cargo movement throughout the state.
The Make in Jharkhand Multimodal Logistics Policy 2024 is crafted to unlock the state’s full potential by promoting a streamlined, sustainable, and technologically advanced logistics ecosystem. By 2026, Jharkhand aims to lead the nation in logistics efficiency and infrastructure, with its multi-modal transport network and port-driven connectivity fueling economic growth.