Adani Logistics has acquired the Tumb inland container depot in Vapi, Gujarat from Navkar Corporation for Rs 835 crore. ICD Tumb is one of the largest inland container depots in India.

Located between Hazira port and the Nhava Sheva ports, it has a capacity of 0.5 million twenty-foot equivalent units. The transaction is subject to lender and regulatory approvals and is expected to close in the second quarter of 2022-23.

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