India, Aug. 7 -- India's logistics sector is undergoing a structural transformation under the Government's PM Gati Shakti initiative, which aims to reduce logistics costs by integrating rail, road, ports and industrial corridors through modern multimodal infrastructure. As railway freight continues to gain importance in the country's supply chain, companies investing in cargo terminals and rail-linked logistics assets are expected to benefit from rising freight volumes and improved connectivity.

Shares of Kalyani Cast Tech Limited surged over 8%, hitting the upper circuit after the company announced that its subsidiary had received regulatory approval to commission a Gati Shakti Multi-Modal Cargo Terminal (GCT) in Gujarat.

Shares of Kal...