Steel Exchange India to Develop Cargo Terminal and Logistics Park in Vizag

In a bold move beyond its traditional steelmaking domain, Steel Exchange India Limited (SEIL) is forging a new frontier in infrastructure. On August 7, 2025, the company announced a strategic, non-binding agreement with Vizag Profiles Logistics (VPL) and Hind Terminals (HTPL) to explore the development of a General Cargo Terminal (GCT) and a Multi-Modal Logistics Park (MMLP) in Visakhapatnam, Andhra Pradesh .

This collaboration could significantly elevate the region’s logistics capabilities—as SEIL ventures into enabling scalable, efficient cargo handling—a marked shift from its core competency in steel production. The envisioned infrastructure hub in Vizag has the potential to streamline operations, reduce transit times, and bolster connectivity for businesses engaged in trade and industry .

SEIL’s foray into logistics and infrastructure reflects its evolving commitment to broader industrial value chains. Speaking on the opportunity, Suresh Kumar Bandi, Joint Managing Director of SEIL, described this initiative as an important strategic step toward expanding the company’s footprint and diversifying its business profile .

With SEIL already operating an integrated steel plant and captive power unit at Vizianagaram near Vizag—under the umbrella of the Vizag Profiles Group—the move into logistics seems like a natural extension of its operational ecosystem .

While the agreement is currently non-binding and in the exploratory phase, it underscores a growing trend among steelmakers and industrial firms in India: embracing infrastructure, logistics, and allied services to create holistic business platforms. By leveraging its existing strengths and regional presence, SEIL aims to contribute more meaningfully to Andhra Pradesh’s industrial infrastructure and trade readiness.

As things move forward, the logistics community will be watching closely—for project timelines, investment scales, and government support mechanisms that could shape the transformation of Vizag into an even more robust logistics node.