Category Archives: Warehousing

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.

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.

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.

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.

IndoSpace launched two new logistics parks, one in Dhatir, near Palwal and the other in Taoru, near Sohna further strengthening its presence in the National Capital Region (NCR). With a development potential of over 3.4 million square feet, these parks offer superior infrastructure, amenities, and versatile solutions, making them an ideal choice for warehousing and regional distribution needs. The parks are adjacent to several important highways like the NH – 919 with direct access to the upcoming DME (Delhi Mumbai Expressway), WDFC (Western Dedicated Freight Corridor), and DND-Faridabad- EPR/KMP Expressway – all expected to be fully operational by 2025. Convenient access to such key logistics infra enables these locations to become warehousing hotspots with pan-India serviceability. Rajesh Jaggi, Vice Chairman – Real Estate, Everstone Group, said, “From a warehousing perspective, NCR is a crucial location for us. With the region acting as a gateway to the North market and home to several industries and opportunities, we are strategically expanding our network in Taoru and Dhatir. Going forward, we aim to keep up the momentum with these state-of-the-art logistics parks and we are sure that these new parks will play a vital role in propelling the growth of various sectors including Pharma, 3PL, e-commerce, distribution, and retail.”

ESR Group has acquired 38 acres of land in Gujarat and will invest Rs 400 crore to develop an industrial and warehousing park. The project, located at Sanand in Gujarat, will have a development potential of 1 million square feet, the company said. ESR Group will invest about Rs 400 crore for construction and development. This will be ESR’s second investment in Gujarat. It had made its first investment at Jalisana, a 37-acre project. Abhijit Malkani, the CEO of ESR India, said this new park will add to the state’s flourishing industrial ecosystem. “Gujarat attracts one of the highest foreign direct investments in India and is currently turning into an EV (electrical vehicle) battery manufacturing and assembly centre,” he said. The availability of Grade A infrastructure in a strategic location like Sanand is essential for the region’s industrial growth and will add to its EV manufacturing capacity, Malkani said. ESR said there are 25 multinational and 300 domestic companies in this region across various sectors, including automobile, auto ancillaries, FMCG, engineering, plastics, packaging, and electronics. This project aims to create a focused space for established and emerging EV manufacturing and ancillary units to expand their presence in Ahmedabad, the company added.

EXZOD India is expected to deliver an additional 10 lakh pallets in the next three years from the current delivery of over 8 lakh pallets, which would take the company’s pallets count to 18 lakhs and make the company a leading pallet manufacturer in the country. EXZOD will facilitate this delivery from four of its manufacturing plants located in Punjab, Maharashtra, Haryana and Telangana which are equipped with state-of-the-art automatic pallet manufacturing machines. This makes the company pan India pallet manufacturing and enhances the delivery and servicing capabilities of the company. This would further enable the company to consolidate its position to sign large brands, logistic parks and other 4 PL companies who have pan India presence and this would act as an entry barrier for new entrants. According to Nitin Kalla, founder & MD, EXZOD India, “We foresee a huge demand for pallets from a cross-section of industrial sectors be it pharma, automobile, FMCG, logistics, supply chain and other industries. Our early estimates indicate that over 10 lakh pallets will be required in the next three years. We are confident of meeting this demand.” Kalla further adds, “As Indian businesses get integrated with global supply chains, there is a huge potential from Indian companies, especially Small and Medium Enterprises to scale up and this itself will lead to a demand in pallets.”

Gateway Distriparks is currently in the Inland Container Depot (ICDs) and Container Freight Stations (CFSs) business and we have CTO license where we run our own freight trains pan India. Currently we have five CFSs and five ICDs. We have another ICD under construction in Jaipur,” says Samvid Gupta, Joint Managing Director, Gateway Distriparks Ltd. “With this we will have a network of eleven container locations across India. After this we have plans to come up with two more ICDs in the next two years and in the private space, then we will be the largest player in this segment.” Talking about the investment, he adds, “We have overall done 1500 crore investment since the inception of the company. This includes the investment in Snowman Logistics and buy out of a private equity Blackstone in Gateway Rail Freight Ltd. The company has now merged into Gateway Distriparks Ltd. Going forward, we have plans to invest 500 crore CAPEX which we had announced last year. Out of that 200 crore have been invested. The rest of 300 crore will come in the form of two new ICDs, up-gradation of existing facilities and there will be an increase in the fleet as well as rakes.” Talking about the expansion plans, Gupta shares, “We want to increase our rail network. Right now we are doing 95% of our business on EXIM and 5% on domestic. Going forward, we want to expand on the domestic sector. This will happen in next 2-3 years. We are looking forward to expand in UP, Rajasthan and Madhya Pradesh for our next projects.”

Gati Ltd., an Allcargo Group company has launched a state-of-the-art and tech-enabled surface transhipment centre and distribution warehouse (STCDW) at Bhiwandi on the outskirts of Mumbai. Spread over an area of over 1.48 lakh sq. ft. the mega STCDW is a Grade A warehouse observing the highest level of construction quality, advanced technologies and a skilled and trained workforce to offer its customers the expertise of express cargo distribution operations, supply chain visibility, reduced dwell time and time definite deliveries. With a workforce strength of 276 people, the Mumbai mega distribution hub is a terminus for Mumbai and Navi Mumbai, to cater to short haul or regional distribution as well as consolidate-sort-dispatch of long-haul loads for the rest of the country. The Mumbai hub has been designed in compliance with the green norms and is equipped with built-to-suit technology-enabled warehouses of global standards and advanced features and material handling facilities along with integrated warehousing and distribution mechanisms and superior safety features. Battery operated hand pallet trolleys have been deployed at the facility to ensure operational efficiency. The Steel pallets instead of plastic or wooden pallets are being used at the facility keeping the environment sustainability in focus. The STCDW has also planned to have solarization facility which will generate 150 KW of power. An AI-powered round-the-clock tracking system at the facility offers real-time visibility of the cargo movements Adarsh Hegde, Managing Director, Gati Ltd. said, “The launch of super hub near Mumbai is a part of the Allcargo Group’s core vision to play an enabling role in the India growth. As India has emerged as a bright spot in the world economy, we are strengthening our end-to-end logistics delivery service …

Mahindra Logistics Ltd. (MLL), an integrated logistics solutions provider, and Ascendas-Firstspace, an industrial real estate developer, announced the setting up of a one million sq ft multi-client warehouse park in Talegaon, near Pune, in Maharashtra. The development will be spread over three phases, with the first phase of 0.5 million sq ft operational by the end of 2023-24, the company said in a statement on March 27. This is the second project in the Ascendas-Firstspace Pune Talegaon-II Logistics Park, spread over 40 acres, in the Ascendas-Firstspace micro-market. Talegaon-II is part of the Chakan Talegaon Industrial Corridor (CTIC), one of the most important manufacturing clusters in India. The area has been a traditional manufacturing base for large auto, engineering, and electronics companies. The CTIC corridor is currently witnessing significant growth on account of the success of the Make in India programme, said the company in a statement. This is an important part of MLL’s pan-India network of multi-user facilities in strategic industrial clusters. In addition to A-grade warehouses totalling one million square feet, the facility will also host MLL’s first Automation Technology Centre that focuses on the development and deployment of automation technologies using artificial intelligence, Internet of Things (IoT), robotics, augmented reality & virtual reality (ARVR), automated guided vehicles (AGV), and block chain, the company said.