Category Archives: Warehousing

Two logistics parks near Chennai unveiled by IndoSpace

With a total area of over 41 acres, IndoSpace announced the launch of parks in Mevalurkuppam and Koodapakkam. The facility is situated near national highway NH-48, which runs from Delhi to Chennai, providing easy access to nearby industrial hubs. The company’s Sugal industrial park, located in the Tiruvallur district in the state of Tamil Nadu Koodapakkam, is spread across 26 acres. It is positioned on State Highway 50, and closer to NH-332 which runs across Tamil Nadu and Puducherry giving road connectivity within state. Both the parks come under Irungattukottai micro-market which has a large concentration of medium and small-scale enterprises supporting the large-scale auto and auto-ancillary units

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CONCOR & BHEL to develop logistics terminal in Haridwar

Container Corporation of India (CONCOR) and Bharat Heavy Electricals Limited (BHEL) have entered into an agreement to set up a rail-based logistics terminal in Haridwar, Uttarakhand. This would be BHEL’s strategic entry into a new growth area as the terminal would soon be developed into a multi-modal logistics facility. The terminal would cater to the need of Exim and domestic trade of Haridwar. The facility would work as a Private Freight Terminal (PFT) which will facilitate the handling of railway wagon also. Moreover, the Haridwar plant is advantageously located near the upcoming Eastern and Western Dedicated Freight Corridors. BHELCON, a joint working group agreement has been signed with equal financial participation by CONCOR and BHEL.

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India Warehousing Show opens at Pragati Maidan, Delhi

The 9th edition of India Warehousing Show, underway at Pragati Maidan, New Delhi, gained a good start through numerous product promotions and an increased number of footfalls this year. The summit was graced by N Sivasailam, Special Secretary (Logisitcs), Department of Commerce, Ministry of Commerce & Industry. Commenting on the National Logistics Policy, he says, “We are trying to integrate players at one platform through National Logistics Portal. A flavour of that is available, called PCS, to those who are dealing with the ports wherein we are trying to sort out the issues relating to transactional data protection.” The summit aims to cover pertinent interesting subjects of the industry, be it the building smart warehouses, the changing face of technology in a warehouse, skilled manpower deterrents, to name a few. The summit will conclude on June 22, 2019.

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India Warehousing Show opens to august presence at Pragati Maidan, Delhi

The 9th edition of India Warehousing Show, underway at Pragati Maidan, New Delhi, gained a good start through numerous product promotions and an increased number of footfalls this year. The summit was graced by N Sivasailam, Special Secretary (Logisitcs), Department of Commerce, Ministry of commerce & Industry. Commenting on the National Logistics Policy, he says, “We are trying to integrate players at one platform through National Logistics Portal. A flavour of that is available, called PCS, to those who are dealing with the ports wherein we are trying to sort out the issues relating to transactional data protection.” The summit aims to cover pertinent interesting subjects of the industry, be it the building smart warehouses, the changing face of technology in a warehouse, skilled manpower deterrents, to name a few. The summit will conclude on June 22, 2019.

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Schenker India set to double its warehousing capacity by 2022

Schenker India plans to strengthen its local footprint and become one of the largest warehousing players in the country over the next three years. The company plans to double its warehousing capacity, from the current 3.5 million sqft spread across 53 warehouse locations, and enhance efficiencies through technology deployment for faster processing and real-time updates across the value chain. “India is a priority market for DB Schenker globally, and with the growth spurt triggered by the implementation of GST, we are well-poised to increase capacity and expand aggressively to better serve our customers. The expansion of our warehousing capacity will make us one of the largest 3PL players in the next three years with a special emphasis on transforming our customers through innovative technology solutions,” said Vishal Sharma, Chief Executive Officer, Schenker India, Cluster India and Indian Subcontinent.

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Over US$2.5 billion equity commitments to warehousing investment platforms: ICRA

The industrial warehousing segment has witnessed rapid growth in recent years due to healthy demand from occupants in sectors such as automotive manufacturing, third party logistics services, and e-commerce. In addition, regulatory interventions such as implementation of the GST and infrastructure status being accorded to the sector are also driving demand for large integrated warehousing parks. As per an ICRA note, this has attracted foreign investors who are entering the sector through investment platforms with the mandate of investing in industrial warehousing parks across major cities of the country. Often, this is done by partnering with a local developer or in some cases a global warehousing operator. The total amount of equity commitments to such platforms is at least US$2.5 billion over the last two years. Such investment commitments can support assets under management of more than 130 million sqft as per ICRA estimates. This is almost double the size of the current estimated stock of Grade-A industrial warehousing in the country and around 10 times the operational portfolio of such platforms as on date. Shubham Jain, Vice President and Group Head – Corporate Ratings, ICRA, says, “There is increasing demand for Grade-A warehousing space because of the operational conveniences and cost benefits. The demand is concentrated in metro cities, supported by the presence of manufacturing hubs in the vicinity, access to transport networks and Exim facilities, as well as the rising urban population in the metropolitan areas for consumption-driven demand for warehousing.”

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Spoton opens a hub in Howrah, Kolkata

To process increasing consignment volumes faster and better serve customers, Spoton recently opened new service centres in Bangalore, Kolkata and Vijayawada. The Bangalore service centre, located at Soukis Road, is spread across a sprawling 17500 sq. feet. The Kolkata service centre, located in Narayanpur, covers an area of 12000 sq ft and the Vijayawada SC covers an area of 39500 sq ft. The company has enhanced their hub and service centre infrastructure by over 50 per cent in terms of size and geography.

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Avvashya CCI sets up hi-tech warehouse at the Cargill India plant

Set up at the Indian plant of US-based Cargill at Kurkumbh near Pune, Maharashtra, the state-of-the-art and technologically advanced warehouse will operate on the automatic storage and retrieval system (ASRS) technology. Avvashya CCI (ACCI) has commenced operations at its first hi-tech food warehouse. “The successful setup of the warehouse reiterates our commitment to deliver bespoke warehousing solutions to our clients. It is also a perfect synergy of operational excellence and technical skills of the CL team and business leadership team of ACCI which oversaw the roll-out and implementation of the project,” stated V.Raju, VP-Chemical, Food & Pharma division, ACCI.

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FM Logistic to invest US$150 million as part of strategic growth plan in India

FM Logistic has announced its plans to invest US$150 million over five years, as part of its strategy to grow in India. Jean Christophe Machet, Global CEO, FM Logistic said, “India is one of the key strategic markets for FM Logistic. The company is planning to make strategic investments in India to support its long-term growth.” “The company plans to strengthen its position in India by delivering on its post GST strategy of focusing on developing multi-client facilities (MCF) in the most important Indian Economic Zones. The successful opening of company’s first MCF in Mumbai (with extension in progress) will be followed by another MCF in Delhi NCR (near Gurugram), which is expected to commence operations from April 2019,” he informs.

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Pepperfry’s Mumbai fulfilment centre gets ISO certifications

Pepperfry further strengthened its market leadership by announcing the receipt of International Organization for Standardization (ISO) certification for their Mumbai fulfilment centre. This makes it the first warehouse to be ISO-certified with three critical certifications in the country and the only one in the furniture and home segment in the country to attain this accreditation. The certification was bestowed upon the marketplace by Bureau Veritas. The company’s Padgha (Bhiwandi) warehouse spanning across 285,000 sqft received certification for ISO 9001:2015 (QMS- Quality Management System), ISO 14001:2015 (EMS- Environment Management System) and ISO 45001:2015 (OHSAS- Occupation Health Safety and Assessment Series). The ISO 9001:2015 certifies the high emphasis on quality and operating efficiency of Pepperfry Fulfilment Centre.

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