LP Logiscience expands warehousing capabilities in Coimbatore

LP Logiscience, the contract logistics and warehousing arm of the esteemed Liladhar Pasoo Group, expands its warehousing capabilities to Coimbatore, with a state-of-the-art Grade A warehouse. Strategically situated near Madukkarai in Coimbatore, the proposed warehouse spans an impressive 1.3 lakh sq. ft., offering a storage capacity of over 15,000 pallet positions. Situated just 1 km from the NH544 Bypass, this meticulously crafted location is strategically designed to cater to diverse industries, providing them with reliable, streamlined, and eco-friendly storage and logistics solutions. Coimbatore is rapidly emerging as a smart city and a major industrial and manufacturing hub, particularly in the automobile sector. The city is renowned for its robust infrastructure, skilled workforce, and business-friendly environment, attracting numerous national and international companies. As part of India’s Smart Cities Mission, Coimbatore is undergoing significant urban development and technological upgrades, making it an attractive destination for industrial growth. In line with these developments, LP Logiscience’s new facility is equipped to meet the growing demands of the smart city.  JLL India is the transaction partner for the e-warehousethat will be developed by NDR Space Pvt. Varun Gada, Director of LP Logiscience, stated, “We are thrilled to expand our presence in one of the most promising Tier 2 smart cities of the country. Strategically situated near Madukkarai in Coimbatore, this Grade A warehouse, with a capacity of 15,000 pallet positions, marks a significant milestone in our growth journey. This new facility exemplifies our commitment to integrating cutting-edge technology and sustainable operations in tier 2 towns, aligning perfectly with our business goals for the year. By establishing state-of-the-art warehouses like this, we aim to enhance our ability to provide top-notch warehousing solutions and logistics support to our clients, driving efficiency and excellence across our operations.” “We are excited to announce our strategic partnership with LP Logiscience as they embark on their expansion into the vibrant city of Coimbatore. The warehousing sector in India has experienced a significant 20% growth in the past year. While growth will be primarily driven by the top eight major cities, we anticipate a substantial contribution from Tier 2 cities such as Coimbatore. LP Group’s esteemed entry into this market will ignite tremendous growth prospects for the city’s warehousing sector,” said Yogesh Shevade, Head of Logistics & Industrial, India, JLL.