Steel Exchange India Limited Announces Strategic Collaboration to Strengthen Multimodal Logistics Capabilities in Vizag

• Operation of container trains from the proposed General Cargo Terminal (GCT)
• Coastal shipping of cargo using domestic barges and containers
• Rail-based inland transport for steel and general cargo
• Development of end-to-end multimodal logistics services

The proposed initiatives will bring together the strengths of all three entities:

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• SEIL’s developing GCT rail siding,
• VPL’s established regional logistics infrastructure, and
• HTPL’s expertise in port-linked cargo operations.

Together, the partners aim to improve logistics efficiency, reduce transit times, and enable scalable cargo handling solutions in and around Visakhapatnam.

This agreement reflects a shared vision to build integrated logistics infrastructure that caters to both captive and third-party cargo movement. While non-binding in nature, the collaboration sets the foundation for detailed feasibility studies, pilot operations, and potential future commercial partnerships.

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For Steel Exchange India, the initiative is expected to significantly enhance supply chain efficiency, unlock value from its logistics assets, and support the long-term competitiveness of its core steel business.

Commenting on the development Mr. Suresh Kumar Bandi, Joint Managing Director, Steel Exchange India Limited said, “This collaboration is a strategic step forward in our efforts to expand beyond steel manufacturing and strengthen our presence in infrastructure and logistics. With Vizag’s growing role as a logistics hub, aligning our GCT project with the capabilities of VPL and HTPL presents a strong opportunity to enable efficient, multimodal cargo movement. We are confident this initiative will significantly enhance operational efficiency and contribute meaningfully to our long-term growth plans.”

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