What is a Logistics Park? Why has the government established free trade warehousing zone (FTWZ) and how will FTWZ facilitate India's export and import ?

A logistics park is a stipulated area that facilitates domestic and foreign trade by providing services such as warehousing, cold storage, multi-modal transport facility, CFS, ICDs, etc. Logistics parks facilitate loading and unloading of cargo for distribution, redistribution, and packaging and repackaging. Free Trade Warehousing Zones (FTWZ) were established by the government to develop infrastructure to facilitate import and export of goods and services with the freedom to carry out trade transactions in the free currency. FTWZ would be a key Link in Logistic and Global Supply chains and will provide warehousing for various kinds of products, handling and transportation equipment, providing commercial office space, all related utilities i.e. telecom, power, water, etc; and one stop clearance of Import and Export of goods etc.