New Delhi, May 29 -- India will need around 215 large multimodal logistics parks (MMLPs) by 2047 to support the sharp increase in rail-based cargo movement needed to meet the government's target of increasing railways' share in freight transport to from 27.4% at present to 45% by 2047, according to a report released by CII and Knight Frank India on Friday.

The report, titled 'Fast-Tracking MMLPs to Enable Modal Shift: India's Multimodal Logistics Transformation', said India's freight movement is projected to rise more than four-fold to about 28 billion tonnes a year by 2047, necessitating a major overhaul of logistics infrastructure and cargo aggregation systems.

To achieve the 45% target under the National Rail Plan, Indian Railways wo...