Category Archives: Warehousing

IWS 2023 to showcase next-gen tech supply chain solutions

Block your dates for the much-awaited, India Warehousing Show (IWS) set to take place on 14,15 &16 June in 2023 at Pragati Maidan, New Delhi. The show is focused to bring the biggest companies on the show floor showcasing supply chain solutions. The upcoming edition will have around 230 suppliers showcasing generation next technologies under niche segments including Automation for Logistics, Ecommerce Zone, Supply Chain Zone, Warehouse Real Estate Zone and Packaging for Logistics offering logistics professionals an exclusive opportunity to connect face-to-face with the right solution providers in New Delhi. “India Warehousing Show has been successfully bringing the logistics stakeholders for almost 12 years now. It continues to shine after all these years and is one of the most awaited events to highlight the current issues, trends and future plans for the logistics sector. Wishing IWS team and RX India the best for the upcoming event and hoping for more diversified events in the years to come,” Shri Surendra Ahirwar, Joint Secretary, Logistics & Trade, DPIIT, Ministry of commerce & Industry, Govt of India. Janish Jafri, Project Manager, India Warehousing Show, said, “My colleagues and I look forward to welcoming all participants to the 12th edition of India Warehousing Show is scheduled to take place from 14th to 16 June 2023 at Pragati Maidan. IWS has received an overwhelming response and is looking very good. This year, 230 exhibitors and around 15,000 attendees are expected to be a part of the event, product and solutions on display will include warehouse building solutions, materials handling solutions, storage solutions, automation and packaging for logistics, AIDC and software solutions, logistics service providers, LCV’s and UCV’s and other related services.” Echoing the same …

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Rivigo by Mahindra opens express hub in Bhiwandi, Luhari, Pune,

Rivigo by Mahindra Logistics launched its first Express Hub in Bhiwandi. Followed with Luhari and Pune, these new processing centres are a part of Mahindra Logistics large format, multi-client warehouse that offer state-of-the-art infrastructure and facilities. With a network of 17 processing centres and 200+ branches across the country, Express Hubs will serve diverse industries including e-commerce, consumer and engineering and will be operationally driven by a sustainable ecosystem. These new facilities are equipped with a comprehensive range of features and measures to ensure high-class capabilities, automation, and safety standards. Sreeram Venkateswaran, Chief Executive Officer at Rivigo by Mahindra Logistics said, “We are committed to provide fastest, safest, and most reliable express deliveries to our clientele and warehousing network is a key element. With the launch of Express Hubs, we look forward to providing a larger reach, best-in-class service delivery, integrated as well as customised solution for inbound and fulfilment, along with a sustainable ecosystem to enhance our Express Business’s capability”. Gurgaon based Rivigo by Mahindra Logistics has its foundation in the relay full truck load business. Over the years, the brand has made a strong presence in the PTL/Express services with pan India network, high-quality technology, and service backbone.

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WOPL raises INR 500 crores AIF to boost warehouse infra growth

Welspun One Logistics Parks (WOLP) has successfully concluded the initial close of its second Alternative Investment Fund (AIF), WOLP Fund 2, raising an impressive INR 500 crores from domestic high net worth and family office investors within a short span of eight weeks. The speed of the raise underscores the strong investor confidence in both, the Welspun One platform and the prospects of the warehousing and industrial sector in India. WOLP Fund 2 was launched in March 2023 and aims to raise a corpus of INR 2,000 Crore, including a green shoe option of INR 1,000 Crore. Along with project level debt, this is expected to give the fund enough dry powder to invest in projects which entail an outlay of over INR 6,000 crore. Fund 2 is the successor to WOLP Fund 1, introduced in early 2021, which has since been fully committed across a portfolio of 6 projects pan-India aggregating to 6.5 million square feet of grade A warehousing and industrial space. Fund 1 has also delivered an impressive track record with over 50% of the Fund 1 portfolio close to being leased and physically delivered within a short span of two years. Fund 2 will further add 10-12 million square feet of new projects to this footprint, taking Welspun One’s total portfolio to 16-18 million square feet over the next 4-5 years. Anshul Singhal, Managing Director, Welspun One Logistics Parks, said, “We are pleased to witness an exceptional investor response, as the first round of WOLP Fund 2 successfully closed at INR 500 Crore within a remarkable 8-week timeframe, which is a record of sorts in the alternative investments space. This achievement not only exemplifies the high …

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EXZOD to begin operations in Middle East, South East Asian markets

EXZOD India will enter the Middle East and South East Asian markets as it expands into new geographies to cater to the ever-increasing market for pallets. At present, the company has four manufacturing units in Punjab, Maharashtra, Haryana and Telangana. The units are equipped with state-of-the-art automatic pallet manufacturing machines. According to Nitin Kalla, founder & MD, EXZOD India, “Increase in trade across industries has led to demand for pallets worldwide and we have established our presence in India with our four plants. As we foray into overseas markets, we have decided to set up our presence in the Middle East and South East Asia.” He further added, “Dubai, Indonesia, and Vietnam are key hubs for generating business in the respective regions, and establishing a state-of-the-art manufacturing unit in these key hubs will allow us to be in proximity to our clients in the region.’’ The company also plans to expand its Annual Maintenance Contract services for pallets in these regions as this will enable logistics companies and manufacturers to focus on their business. The company’s expertise in the supply chain space allows it to provide customized solutions as per requirement. The company provides technology-embedded AMC Services which is the only organized player present in the industry. Exzod has seen the demand for pallets growing exponentially.

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Jogighopa, Assamto get India’s first Int’l MMLP in Q42023

The construction of India’s first International Multimodal Logistics Park in Jogighopa, Assam, is well underway, and the jetty is expected to be completed by the end of this year. The park, which is being built at a cost of Rs 693.97 crore, will provide direct connectivity to waterways, road, rail, and air, and is expected to be completed in 2023. Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal, visited the site recently to review the progress and expressed satisfaction at the pace of work. The development of the first International Multimodal Logistics Park is in line with Prime Minister Modi’s vision of transformation through transportation. The project aims to revamp the transportation network in the Northeastern region of India, including neighbouring countries like Bhutan and Bangladesh. The PM Gati Shakti National Master Plan is a key component of this vision, which aims to revive and rejuvenate the transportation system and make it an efficient and effective agent of change.

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Balmer Lawrie opens Container Freight Station in Vizag

Balmer Lawrie, a diverse PSE with presence in manufacturing and services sectors has opened a Container Freight Station (CFS) in Vizag. Balmer Lawrie partnered with VPA for setting up an MMLH spread over 53 acres to meet the growing logistic demands of the region. Balmer Lawrie & Company Limited, set up a Multi Modal Logistic Hub (MMLH) in JV with Visakhapatnam Port Authority (VPA), Visakhapatnam Port Logistics Park Limited (VPLPL). Capable of handling Exim and domestic cargo, the Exim area will have CFS, warehousing, cold storage/temperature-controlled warehouse, open cargo storage, hazardous and non-hazardous cargo handling among others. The existing facility of VPLPL is in line with PM’s Gati Shakti initiative. This apart, there is potential of leveraging Electronic Cargo Monitoring System for cargo movement to Nepal, Bangladesh through VPLPL. This is the only facility with refrigeration facility and has a huge potential for movement of refrigerated cargo as well. The CFS in VPLPL, spread over 25 acres, is the only other facility in Vizag (other than CONCOR), which has rail connectivity with the port. This will facilitate faster movement of containers from the port, besides reducing the congestion on the road. The CFS operations within the multi-modal Logistics Park of Visakhapatnam Port Logistics Park Ltd, commenced in the presence of Shri Adika Ratna Sekhar on 24 April 2023 in Visakhapatnam.

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Industrial & warehousing demand rises 11% YoY: Colliers

Leasing of industrial and warehousing space rose 11 percent year-on-year (YoY) to 7.2 million square feet (msf) during the January-March period across five major cities, driven by higher demand from third-party logistics and e-commerce firms, according to Colliers India. The report stated that Delhi-NCR continued to lead in demand with a 29 percent share, followed by Mumbai. Third-party logistics (3PL) players accounted for 41 percent of the demand, followed by the fast-moving consumer goods (FMCG) sector at 12 percent. “The demand from the retail and FMCG sectors saw a three-fold rise YoY as they expanded their presence in larger markets such as Delhi-NCR and Mumbai. This increase in industrial warehousing space uptake aligns well with the growth in private consumption in the domestic economy,” the report added. Mumbai experienced a 37 percent YoY increase in leasing, primarily driven by 3PL operators who continued to expand in the city despite weaker economic and business sentiment.

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IRB Infra to develop NH in Hyd to boost logistics operations

Marking its entry in the State of Telangana, IRB Infrastructure Developers Ltd. (IRB) has been awarded 158 Kms (1,264 Lane Kms) Hyderabad Outer Ring Road (ORR) highway development project under Toll-Operate-Transfer (TOT) model with revenue linked Concession Period of 30 Years for upfront consideration of Rs. 7,380 Crores. Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Ltd., said, “Proud to add this prestigious project to our portfolio, taking our asset base to over Rs.70,000 Crores and share in TOT space to 37%, the largest by any private player in India.” He added, “We express our sincere gratitude towards all authorities and stakeholders. We endeavor to execute this project through our Pvt InvIT platform.” The Hyderabad Metropolitan Development Authority (HMDA) had invited global competitive bids for the project; in which the Company had participated and emerged as the selected bidder. After signing the concession agreement, the project SPV will be making the payment of Rs. 7,380 Crores within a span of 120 days. About Hyderabad Outer Ring Road (ORR) Project: The Hyderabad Outer Ring Road (ORR) is a 158 Kilometers, 8 lanes ring road expressway encircling Hyderabad, Capital City of Telangana State. Opened up in December 2012, the large part of around 124 Kms of ORR covers urban nodes like Hi-Tech City, Nanakramguda Financial District, International Airport, IKP Knowledge Park, Hardware Park, Telangana State Police Academy, Singapore Financial District and Game Village. The ORR has well established connectivity with other important National Highways and State Highways.

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Allana opens new cold storage facilities in Kolkata, Kakinada, and Dera Bassi

Allana Cold Chain Solutions has announced its expansion in operations with the construction of storage facilities in Kolkata, Kakinada, and Dera Bassi. With the additions of Kakinada and Dera Basi facilities, the total holding capacity will increase to 65,000 tonnes. This expansion is a testament to Allana Cold Chain Solutions’ commitment to providing end-to-end solutions by integrating the experience and expertise in blast freezing, packing, inspection, freight forwarding and customized offerings to varied sectors and reputed clients such as McCain Foods, Britannia Industries, Morde Foods, Abbott India, Sapphire Foods (KFC supplier), Varun Beverages, Mars International and others, ensuring integrity of cold chain logistics requirements throughout the process. The new facility will pave the way for the company to serve a wide range of customers in the food, pharmaceutical and other industries that heavily rely on efficient cold storage and transportation. The company currently operates and manages cold storages in Uttar Pradesh (Ghaziabad, Aligarh, Unnao) with a holding capacity of 11000 tonnes, Kolkata (2800 tonnes), Mewat, Haryana (2000 tonnes), Mumbai and Aurangabad (28000 tonnes) and Zaheerabad, Telangana (6500 tonnes). It also boasts a state-of-the-art fleet of 125 refrigerated trailers and trucks up to 40 feet in length, a rare sight on India’s inland logistics routes, monitored 24/7 through a modern “Transport Control Tower” in Mumbai.

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Rs. 700 crore investment for developing two warehouses near Chennai

Welspun One Logistics Parks (WOLP) has partnered with jewellery maker GRT Group, to invest Rs. 700 crore for developing two warehousing projects near Chennai. WOLP in an official statement said that both the projects with GRT Group will entail a direct investment of Rs 700 crore and generate 3,000 jobs during the development phase and are strategically located on National Highway 16 – an integral part of the East Coast Economic Corridor (ECEC). Each park is spread across 60 acres of land with a development potential of 1.3 million square feet, the company said in a statement. The first project is being developed through a 50:50 joint venture between GRT Group and WOLP; it also marks the final investment of WOLP Fund 1 and results in the full commitment of the fund corpus of Rs 500 crore. The second project is being developed by WOLP for GRT Group under a “development management” agreement, according to a WOLP statement.

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