The LoI was issued by the
Inter-Ministerial Committee of the Ministry of Finance (Department of Revenue
and Central Board of Indirect Taxes and Customs). The facility will be
developed on an 86-acre brownfield rail siding acquired by the company. Under the terms of the LoI, the facility
must be made fully operational for import and export (EXIM) cargo within one
year from the date of issuance. This will
be the first custom-notified Inland Container Depot in the Ballari region,
providing port-like container handling and rail freight terminal (RFT)
facilities directly to local industries, lowering logistics costs, and reducing
reliance on road transit to distant ports.