GDL completes acquisition of KIFTPL

Gateway Distriparks Limited (GDL) recently completed the acquisition of Kashipur Infrastructure and Freight Terminal Private Limited (KIFTPL). KIFTPL owns and operates an inland container depot (ICD) at Kashipur in Uttarakhand. Spread over 41 acres, the ICD has three rail sidings. The Ka­shipur ICD will add additional volumes to the rail operations of GDL and will be connected to the western dedicated freight corridor.