Category Archives: Warehousing

Stellar Value Chain deploys reefer trucks to shuttle oxygen & vaccine to hospitals, creates 1.5 million sq ft warehousing space

As the country is reeling under acute oxygen shortage amid rising number of Covid-19 cases, Stellar Value Chain Solutions has set aside 1.5 million square feet of warehousing space and transportation services to beef up the supply of the life-saving element to hospitals on cost-free basis. The lion’s share of the warehousing space will come up in Mumbai, Delhi, Bangalore, Kolkata, Indore and in other metro/mini metro cities. Stellar Value Chain Solutions will also provide its fleet of refrigerated trucks for transporting Covid-19 vaccines besides facilitating storage of oxygen cylinders, oxygen equipment and oxygen concentrators forgoing the entire cost. The company has warehousing space across the country and robust express, less-than-truckload and temperature-controlled transportation infrastructure, which the company has decided to press into service for the nation. “In this moment of crisis, we stand by the country and volunteer our warehouses and transportation services for the fight against Covid-19. Saving the lives of our fellow citizens is the utmost priority for us at the moment. Even as the healthcare system is doing its best to fight the pandemic, corporates like us have to do our bit for the nation in such an unprecedented crisis. A number of large corporates are coming forward to reconfigure their manufacturing processes to produce more medical oxygen. We are coming forward to provide free of cost storage and transportation of all Covid related requirements such as Vaccines, Oxygen Cylinders, Oxygen concentrators, Mattresses, Beds and Other Medical Equipments” said Anshuman Singh, Chairman and MD, Stellar Value Chain Solutions.

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India’s warehousing market to grow at CAGR of 14.86% between 2021 & 2025: Research & Market

According to the Research & Market’s report on warehousing market in India 2021, “The warehousing market in India was valued at Rs 1,050 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of ~14.86% between 2021 and 2025, to reach a value of Rs 2,028.86 billion by 2025. The usage of the warehousing system in India has gained significant prominence over the past few years. In India, the warehousing and cold storage space occupation increased by ~77% from 2019 to 2020. At present, warehousing in India is mostly concentrated in tier-I cities, such as Bengaluru, Chennai, Kolkata, Mumbai, Delhi-NCR, Ahmedabad, Pune, and Hyderabad. However, with the rising demand for e-commerce activities and doorstep delivery services in the tier-II and tier-III cities, the warehousing sector in India is expected to grow potentially in the coming years.” The growth in the India warehousing market is triggered by the robust expansion in the country’s pharmaceutical, e-commerce, and manufacturing sectors. The rapid growth in the market can also be attributed to the government’s policy support and increasing institutional investments. Other factors, including technological advancements, such as warehousing automation and robotic mechanization are expected to revolutionize the market. However, the unavailability of feasible lands, high land acquisition prices and the lack of an adequate warehouse infrastructure in the country are factors hindering the growth of the market. Some of the major players operating in the market include Snowman Logistics, Gati, DHL Express, and Mahindra Logistics.

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Flipkart partners with Adani Group, aims to open 5.34 lakh sq. ft. fulfilment centre in Mumbai

Flipkart has announced a strategic and commercial partnership with the Adani Group to strengthen Flipkart’s supply chain infrastructure and further enhance its ability to serve its rapidly growing base of customers. In addition, Flipkart will set up its third data centre at Adaniconnex, Chennai based facility, leveraging AdaniConneX’s world-class expertise and industry-leading data centre technology solutions. Adaniconnex is a new Joint Venture formed between EdgeConneX and Adani Enterprises. As part of this partnership, Adani Logistics will construct a massive 534,000 sq. ft. fulfilment centre in its upcoming logistics hub in Mumbai that will be leased to Flipkart to address the growing demand for e-commerce in Western India and support market access of several thousands of sellers and MSMEs in the region. Leveraging state-of-the-art technologies, the centre is expected to be operational in Q3 2022 and will have the capacity to house 10 million units of sellers’ inventory at any point. In addition to strengthening Flipkart’s supply chain infrastructure to support MSMEs and sellers, the facility will enhance local employment and create ~2,500 direct jobs and thousands of indirect jobs. The other prong of the partnership will see Flipkart developing its third data centre at the AdaniConnecX facility as a part of one of the largest private cloud deployments in the country, thereby further strengthening its growing marketplace e-commerce business in India. The data centre has been designed to meet the highest standards in reliability, security, and sustainability, which will capitalise on the Adani Group’s capability as the largest solar player in the country to generate and source green power. The AdaniConneX data centre is a brand-new facility enabling Flipkart to design the data centre to its growing infrastructure needs with …

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Bollore Logistics to open a new pharma unit at Paris Charles de Gaulle Hub

Following the increased demand for healthcare shipments during the pandemic, Bolloré Logistics is reinforcing its healthcare product processing facilities with an 800 m2 extension of a pharmaceutical unit with a temperature of 15 degree Celsius to 25 degree Celsius. With the new unit, Bolloré Logistics now boasts a surface area of 2,200 m2 at its Roissy CDG Hub, divided into three temperature-controlled areas of 2 degree Celsius to 8 degree Celsius, 15 degree Celsius to 25 degree Celsius, and -20 degree Celsius. These facilities are reserved exclusively for processing healthcare product shipments in a secure environment managed by teams trained in Good Distribution Practices (GDPs). Three dedicated dock doors ensure the seamless and temperature-controlled flow of goods for total mastery of the cold chain during operations. The new cell also has a racked area with a 550-pallet capacity as well as a mass storage area. The new facility increases Bolloré Logistics’ capacity to manage cross-docking operations and respond to the specific requirements of each product category, including vaccines and nuclear-medicine products. “This investment demonstrates our determination to support the health sector in its logistics challenges. Our facilities and solutions are specially designed to respond to requirements on regulations and operational excellence and are adapted to each category of goods transported,” said Pascal Le Guevel, Director of the Bolloré Logistics Roissy CDG Hub. Bolloré Logistics implements solutions that ensure the safety and integrity of products, including power connections for active containers, monitored unit temperatures, temperature mapping and staff training. The warehouse responds to all the requirements of European GDPs for pharmaceutical products. “With this environment, we are able to deliver complete and needs-adapted solutions to all our customers, from the preparation …

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SafeStorage opens 40,000 sq ft warehouse in Bhiwandi, strengthening its footprint in India

SafeStorage has unveiled facility 40,000 square footage warehouse facility with state-of-the-art features in Bhiwandi. The company is growing at a steady pace and has crossed the 7 lakh square feet mark in its business. Sharing his thoughts on the Mumbai launch, Ramesh Madisetty, CEO & Co-Founder, SafeStorage, said, “Our research shows that Mumbai is a promising market for self-storage & warehouse companies and we hope to capitalise on the demand. It is our mission to be recognised as India’s top end-to-end storing facility and we are building on our capabilities each day to reach that goal. Seeing the response we have received from our patrons in current markets, we are also planning on entering Kolkata market in the coming months. By end of 2021, we aim to be present across nine cities in India.” The software used at SafeStorage, such as the automated quotation and booking process, work order management and customer portal is customised by the in-house tech team. There has been a huge up haul in the technology used by SafeStorage. The web application has been upgraded from Code Ignitor to Laravel Framework. The SafeStorage app has been updated from Native to google flutter. Madisetty adds, “We have made out user interface much more intuitive and customer friendly. Our new website & app is devised to help customers navigate through it quite easily. The entire booking, estimation, & slot securing process can be completed online on the SafeStorage website by a customer. SafeStorage tracks all the items received through a mobile app. Our warehouse consultants then update the inventory list with finer details such as weight, shape, size, image etc. and upload the stacked images on a customer …

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LogiNext partners with Alibaba backed Daraz to empower local logistics business

LogiNext has announced a milestone partnership with Alibaba backed Daraz. This partnership involved rolling out the LogiNext Mile platform over which Daraz has optimised and automated millions of orders over the past four years resulting in Asia’s largest e-commerce carrier network. Through this partnership, Daraz got access to LogiNext’s Mile platform for its logistics marketplace recently launched for a potential end customer base of more than one billion to empower local logistics businesses and establish their businesses with Daraz. LogiNext’s platform automates order capturing, scheduling, delivery associate compliance, handling peak event sales and the end to end customer experience for these smaller businesses supported by Daraz in its countries. For LogiNext, a pioneer in the field of logistics automation in North America, working with Daraz was a way to make inroads in Asia via a forward-looking high-tech e-commerce environment that Daraz fosters. Together, the partnership has improved Daraz Logistics marketplace’s last mile deliveries by tracking and accessing billions of location data points to deliver a superior customer experience to millions of end customers. “LogiNext’s Mile platform has been leveraged by several premier e-commerce giants across the globe. This partnership with Daraz has helped us solve some very real on-the-ground logistical issues native to APAC and it has given a framework for upcoming and existing e-commerce giants to usher in the new face of last-mile deliveries built on the basis of a world-class customer experience,” says Mradul Khandelwal, Vice President of Business Development at LogiNext. “At Daraz, we are always looking to innovate and bring the best technologies available globally for improved customer experience which in return yields to higher business performance. This partnership has proven to be fruitful for Logistics …

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Batilogistic & Lodha sign Rs 106 crore deal to develop 30-acre warehousing project

The real estate sister company of FM Logistic, Batilogistic and Lodha have signed a deal of Rs 106 crore to develop 30 acres land parcel at Palava Industrial and Logistics Park for FM Logistic India, with a total development potential of around 1 million square feet of warehousing space. This agreement is strategically signed to catalyse the job market in the region. Further expanding FM Logistic India’s businesses, Batilogistic will undertake the development of this land parcel in phases over next three to four years. This development is part of the 290 acre Palava Industrial and Logistics Park that also includes a joint venture between ESR and Lodha. Palava Industrial and Logistics Park is now emerging as a world-class hub in the Mumbai region driven by its high quality infrastructure, well planned parks and proximity to Navi Mumbai, JNPT port and upcoming international airport. Also, the park benefits from its easy connectivity to the full social eco-system of Palava City. The park offers a range of options including built to suit structures, standard structures and land parcels. Commenting on the deal, Alexandre Amine Soufiani, MD, FM Logistic India, says, “We are committed to providing our customers with high value and high efficiency Grade-A warehousing infrastructure. Globally, FM Logistic, in collaboration with Batilogistic, is a pioneer in developing and maintaining Grade-A warehousing facilities that provide cutting edge supply chain technologies to our customers. Through our association with the Lodha Group we will gain significant presence to service the neighbouring industrial areas of Thane, Navi Mumbai and Kalyan. The Grade-A logistic facility will be designed according to the best industry standards with high spec buildings, 100% compliance to norms and stringent safety …

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Welspun One launches ‘Partner Portal’ to digitise land buying and & leasing in warehousing sector

In an industry-first move, Welspun One Logistics Parks has introduced a unique, online ‘Partner Portal’ to effectively collaborate with their external stakeholders, especially landowners and brokers. The goal of this platform is to create a transparent and efficient mechanism that will enable sharing of leads and create a direct communication channel with Welspun One’s land buying and leasing teams. Presently, the process of lead generation in the warehousing and logistics sector is confined to traditional modes of communication. The introduction of an online and integrated platform is a major step forward by Welspun One to bring about digitisation in the industry, and is in line with initiatives like ‘Digital India’ where there is an increasing emphasis on creating online infrastructure. Elaborating on this unique feature, Anshul Singhal, Managing Director, Welspun One Logistics Parks, said, “High internet penetration and adoption of technology has accelerated digitisation across verticals. The industry needs a seamless platform to eliminate outdated and lengthy processes involved in land and leasing transactions. With our distinctive, tech-enabled offering – the ‘Partner Portal’, we aim to build a high level of transparency, seamless communication, and timely updates through a single, online channel.” He added, “All the leads fed into the channel are evaluated under a CRM that allows us to sort deals faster and help focus the efforts of the real rainmakers of the industry, our broker community.” The feature can be availed by landowners, brokers, customers and International Property Consultants (IPCs) by simply registering on the company website’s Partner Portal section. The registrant is then provided with unique credentials that allows access to a specific dashboard and enables them to introduce new leads for land transactions and/or for fulfilling …

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Mapletree Logistics to buy two warehouses in Maharashtra for Rs 4.55 billion

Mapletree Logistics Trust intends to acquire two yield-accretive warehouses in Maharashtra, India for Rs 4.55 billion (US$ 84.4 million). Ng Kiat, Chief executive of MLTM, said, “This will be MLT’s first acquisition in India, a fast-growing logistics market that offers attractive long-term prospects. Strong demand for logistics space is underpinned by a large growing consumer market, rapidly developing e-commerce, India’s increasing importance as a major manufacturing hub in Asia-Pacific as well as a severe lack of supply of Grade A warehouses.” Its manager, Mapletree Logistics Trust Management (MLTM), announced in a regulatory filing on Wednesday the proposed acquisition – its first in India – of a four-block, single-storey ambient warehouse and a two-block, single-storey ambient warehouse in Pune, both purpose-built with modern logistics specifications. These warehouses with remaining land tenures of 88 years and 86 years have a total gross floor area of over 89,000 square metres and occupancy rates of 100 per cent and 88 per cent. They are leased to a tenant base comprising mostly MNCs such as Kawasaki and Hyundai. The leases have a weighted average lease expiry by revenue of 2.2 years with built-in annual escalations. The acquisition is expected to generate a net property income yield of 7.4 per cent and also to be accretive at the distribution level, MLTM stated. Debts will be used to fund the purchase and the transaction is expected to be completed by the second quarter of 2021. After completion, the aggregate leverage ratio of the trust will be approximately 40.1 per cent while it will have 164 properties and assets under management of approximately S$10.7 billion.

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Welspun One Logistics Parks target investment of Rs 1,900 crore in 3 to 4 years to develop Grade-A warehousing spaces

Welspun One Logistics Parks has raised upwards of Rs 300 crore from a set of investors comprising of domestic high-net-worth investors and family offices towards the first close of its Alternative Investment Fund (AIF) ‘Welspun One Logistics Parks Fund I’. Launched early this year, this is India’s first warehousing AIF for domestic investors; key distributors of which are Sanctum Wealth Management, Edelweiss and InCred Wealth. The amount raised is a part of its Rs 500 crore maiden fund which when fully raised, along with associated bank financing will enable Welspun One to develop Grade-A warehousing assets worth Rs 1,900 crore; including its flagship 2.7 million square feet project in Bhiwandi which is currently underway. In total, the company expects to deliver a portfolio with an estimated leasable area of 7 to 8 million square feet over the next 3 to 4 years in pre-identified high growth markets such as Mumbai, Pune, Bangalore, NCR, Chennai, Kolkata and Lucknow. Welspun One’s investment strategy is focused on sourcing and developing feasible land parcels which suit institutional investors and get leased by valued occupiers, whilst maintaining high levels of compliance, safety and zero tolerance to regulatory lapses across the project lifecycle. BK Goenka, Chairman, Welspun Group, said “Led by an experienced team, Welspun One’s unique proposition of being an integrated platform which is able to execute deals from acquisition to development, leasing and divestment has resonated well with investors; as it mitigates some of the key concerns associated with similar products in the past.” He added, “We continue to be very bullish about this sector and are keen to meaningfully increase our allocation of capital through the Welspun One platform.” “Being the first mover …

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