Category Archives: Warehousing

TVS Industrial & Logistics Parks (TVS ILP) partnered with Nestlé to establish a customized warehouse in Coimbatore. This collaboration not only marks a significant milestone for TVS ILP but also underscores their commitment to delivering tailored solutions and expanding their footprint in the region.The completion of this project, marked by the handover of the facility on June 14th, 2023, represents in the timely collaboration between TVS ILP and Nestlé. Notably, the construction of the warehouse was completed within an impressive timeframe of 4.5 months. The stand-alone building, encompassing an impressive area of 1.31L square feet, has been thoughtfully designed to meet Nestlé’s specific requirements, enhancing their supply chain capabilities in the region. Located conveniently along the Palladam-Cochin Road, in the Sulur area, the facility enjoys excellent connectivity and is strategically positioned within the Sulur Warehousing Cluster. This prime location will provide Nestlé with a competitive advantage in serving customers in the surrounding areas and capturing the lucrative South market.

Falcon Autotech has announced the launch of “NEO – An ASRS to revolutionize the warehousing landscape by offering businesses unparalleled efficiency, enhanced productivity, and streamlined inventory management for order fulfilment and piece-picking operations. A game-changer in the warehousing industry, NEO is leveraging robotics, artificial intelligence, and advanced sensors to automate goods’ storage and retrieval processes. Comprising five key components NEObots, NEOgrid, NEObins, NEOit and NEOstations, the ASRS system enables storing and retrieving goods in an overlaid grid within the four walls of the warehouse without complex engineering. It is adaptive and can be deployed quickly and cost-effectively compared to traditional material handling systems. NEO’s standout features include 3D movement wherein the bots can move freely in all three X, Y, and Z dimensions to reach their targeted bins eliminating the need for any lifts or conveyor system. NEO’s modular structure also provides the freedom to grow as your company grows. Based on the requirement, companies can add more robots or bins to cater to growing demands. In its decoupled system, any bot can enter any aisle, access any bin, and reach any workstation, making NEO the most flexible goods-to-person system. It also sets new standards for efficiency in warehousing operations by automating tasks such as retrieval and sorting, leading to faster order fulfilment and increasing picker productivity by 4-5X.

V-Trans launched new-age tech-driven solution, “Complexity Simplified with Solution Design” designed to streamline and optimize supply chain operations. This is launched to provide unprecedented control, efficiency, and real-time visibility to clients. Commenting on this, Jay Shah, Head – Solution Design said, “V-Trans’ relentless focus on innovation and technology has propelled the company to stay ahead of the competition. This latest offering reaffirms their commitment to providing best-in-class solutions that empower clients in an ever-evolving business landscape. By investing in the logistics sector and continuously driving advancements, V-Trans aims to deliver even more transformative solutions in the years to come”.

The rising trend of Grade A development continued to gain momentum in FY 2023 with developers increasingly focusing on higher grade park development compliant to contemporary norms and the higher throughput requirements of businesses today, said Knight Frank’s latest India Warehousing and Market Report 2023. In addition to the emerging focus on sustainable development, there is an increasing need for improving the aesthetics of these warehousing parks and enabling a better working environment. 59% of the supply coming online in FY 2023 across the eight primary markets was in Grade A properties compared to 55% in FY 2022. Six out of the eight markets have seen the share of grade A stock increase in FY 2023 compared to the previous year.

TVS Industrial & Logistics Parks (TVS ILP), part of TVS Mobility Group, has plans to invest $1 billion in developing 20 million square feet of infrastructure in 20 different warehousing parks in the country in the next three to four years. TVS ILP already has 11 logistics parks in Tamil Nadu, Maharashtra, Odisha, Andhra Pradesh and Rajasthan with a cumulative space availability of 10 million sq. ft. The company currently has a 35 clients from across segments viz. FMCG, FMCD, 3PLS (third party logistics in supply chain management), CDE (Consumer Durables and Electronics), e-commerce, automotive and manufacturing.

GMR group has divested its 8.18 lakh square feet warehousing facility at the Hyderabad Airport to ILP Core Ventures I PTE Limited for Rs 188.1 crore. GMR Hyderabad International Airport Limited (GHIAL), a step-down subsidiary of GMR Airports Infrastructure Limited, has signed the definitive agreements and closed the transaction with ILP Core Ventures I PTE Ltd, it said in a statement. ILP Core Ventures I PTE Ltd is a step-down subsidiary of Indospace Core PTE Ltd. This divestment of the warehousing facility was concluded by means of divestment of a 100 per cent equity stake of GMR Hyderabad Airport Assets Limited (GHAAL), a subsidiary of GHIAL and a special purpose vehicle (SPV) that owned this warehouse facility, the group said. Post the conclusion of the transactions, GHAAL would cease to be a subsidiary of GHIAL, it added. The resulting cash flows from the deal will help in deploying capital in expansion facilities and other growth opportunities at the Hyderabad Airport Land Development portfolio, the statement said.

Blackstone Group is betting big on warehousing and logistics development in India with plans to expand its warehousing portfolio in the country by 2.5 times to 100 million sq ft from current 40 million sq ft in the next 3-5 years. The decision is taken owing to the rising consumption led by demographics, ecommerce penetration and supporting regulatory initiatives by the government. The group will be furthering its logistics portfolio through its existing joint ventures and partnerships and will also be forging new alliances for the same.

IndoSpace Core has acquired the Amazon Fulfilment Centre in Hyderabad from GMR Group further expanding its pan-India portfolio. This is IndoSpace’s maiden acquisition in the city. With this investment, IndoSpace strengthens its regional presence and significantly expands its key tenant relationship. The acquisition which spans over 0.8 million square feet increases IndoSpace’s portfolio to approximately 58 million square feet of advanced logistics and industrial infrastructure across 51 parks in India. This asset in Hyderabad Airport City is strategically positioned near vital transportation hubs, ensuring convenient access to the airport, major highways, and railways and excellent connectivity to the city. The strategic location makes this facility the perfect choice for logistics operations. Rajesh Jaggi, Vice Chairman – Real Estate, Everstone Group, said, “We are thrilled to announce the extension of our presence into Hyderabad city with this acquisition in our IndoSpace Core portfolio. Hyderabad has established itself as a prominent market for logistics and real estate in India. This deal signifies another important milestone in our growth journey and underscores our unwavering commitment to offering world-class facilities to our valued clients.” IndoSpace continues to strategically evaluate attractive opportunities to expand its portfolio in key target markets across India.

Stellar Value Chain Solutions has added 1.5 million sq. ft. warehousing space (Distribution Centres) at Bhiwandi and 0.5 million sq ft. at Banur, Punjab thus scaling up its warehousing capacity by an additional 2 million sq ft in May this year, said release. After this latest operational expansion, the total warehousing capacity of Stellar Value Chain Solutions has risen to 16 million sq. ft. The capacity addition is primarily aimed at efficiently managing pan India supply chain operations for a consumer durable giant. Stellar has taken over the pan India Central Distribution Centre Operations and two regional Distribution Centres. The company has plans to roll out 5 million sq. ft. of warehousing operations every year and is in the process of raising funds (primary capital) of upto Rs.400 crore for further growth and expansion. Stellar has also released a new RFQ of 10 million sq. ft. of total Logistics space to be developed either through the BTS (Built to Suit) route or the RTM (Ready to Move) route as the need may be over the next two years. The BTS facilities are being explored across Mumbai, Bangalore, Lucknow, Patna, Guwahati and some other cities. The RTM options are being explored across the 21 major cities in the country where Stellar has already established a considerable presence. Strategically located at Bhiwandi and Banur, these mega Distribution Centres are spread across 2 million sq. ft. and are well-connected through major highways, thus offering quick transportation to the rest of the country.

P.M. Relocations acquires a new warehouse facility in Mumbai, Maharashtra. With this newly acquired warehouse at Shree Rajlaxmi Logistics Park, the company now boasts of a total 25,000 square feet of warehousing space in Mumbai. This expansion marks a significant milestone in the company’s continued growth and commitment to providing unparalleled moving solutions to its clients worldwide. With this strategic move, PM Relocations aims to address the increasing demand for storage and relocations within the bustling city of Mumbai, catering to both short-term and long-term storage requirements, as well as commercial goods and fine art movements. “We are excited to take up a new warehouse facility in Mumbai,” said Aakanksha Bhargava, CEO at PM Relocations Pvt Ltd. “This expansion allows us to enhance our operational efficiency, improve customer satisfaction, and meet the growing needs of our clients. We are dedicated to providing stress-free moving experiences, and this new warehouse further strengthens our ability to deliver on that promise.” The new warehouse offers a host of benefits to PM Relocations and its clients. With increased storage capacity, the company can streamline its operations, reducing transportation costs and enhancing flexibility. Additionally, the state-of-the-art facility includes temperature-controlled zones to cater to specialized storage requirements. To ensure the utmost security and monitor activities within the warehouse, 24/7 CCTV surveillance has been implemented.