Category Archives: Warehousing

APM Terminals Pipavav has partnered with Contrans Logistics to develop a state-of-the-art warehousing facility in the proximity of the port. The logistic park will offer a modern warehousing facility and customized logistics solutions, APMT said in a statement. The multi-modal logistics park will support international and domestic storage requirements and several value-added services to customers. It offers connectivity with international and coastal shipping routes, access to the Indian rail network through the dedicated freight corridor (DFC) and connects to the evolving road network in Gujarat and the northern hinterland. The MMLP was inaugurated by Birna Osk, chief ..

Allcargo Logistics announced that it has entered into a securities purchase agreement (SPA) with BRE Asia Urban Holdings to acquire 90% equity share capital and optionally convertible debentures (OCDs) of Madanahatti Logistics and Industrial Parks. Madanahatti Logistics and Industrial Parks was incorporated on 6 December 2018. It is engaged in the warehousing leasing and management business. The company reported a turnover of Rs 3.05 crore for the financial year ended 31 March 2022. The company stated that the acquisition aligns with real estate business being demerged into TransIndia Realty & Logistics Parks and is a strategic fit with future plans. The company will acquire 5,40,000 shares or 90% of the equity shareholding of Madanahatti Logistics for a cash consideration of Rs 6.36 crore and 1,07,78,147 Class A OCDs for Rs 17.60 crore.

Asian consumer logistics experts LF Logistics, a subsidiary of a shipping, energy, and logistics conglomerate Maersk, has taken up warehousing space in the National Capital Region (NCR) sprawling 5 lakh square feet (sq ft). Located in Horizon Industrial Parks in Farukh Nagar, the company will use this facility to fulfil commitments from northern India. “LF Logistics has extensive Asia experience in delivering end-to-end logistics solutions. We are keen to bring this experience to India and transform the logistics landscape with quicker turnaround times. We are pleased to join hands with Horizon Industrial Parks in Farukh Nagar, to cater to the growing needs of our customers in North India,” said Prem Ramachandran, Head of India, LF Logistics. Rahul Pandit, CEO-Horizon Industrial Parks, added that a company of such a scale and an appetite to grow fast in India required a partner who would collaborate and be agile for proactive execution and timely delivery.

Blackstone Inc. is building a built-to-suit warehouse for Amazon India in Delhi, the first in-city fulfillment centre for the e-commerce giant in the national capital, sources said. The warehouse is spread over an area of 500,000 sq ft, and Amazon has signed a 20-year lease with Horizon Industrial Parks, the entity under which the US-based asset manager has housed its logistics assets in India. According to official reports this is the first-ever built-to-suit arrangement between Amazon and Blackstone anywhere in the world. The facility is expected to be ready by October. A spokesperson for Amazon India said, “We are always adjusting our network to best fit our business needs and improve the experience for our employees, associates, and customers. However, we do not comment on what we may or may not be doing in the future,” said reports.

Welspun One Logistics Parks (WOLP), has signed a pact with the Uttar Pradesh government to set up warehousing facilities and logistics parks in the state at an investment of ₹2,000 crore. The company said it has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh (UP) to broaden its presence in the warehousing sector in North India. The MoU was signed at the UP Global Investors Summit 2023 which was held on 10-12 February 2023 in Lucknow. Uttar Pradesh is aiming to be a $1 trillion economy, and the logistics and warehousing sector has been identified a priority sector to help achieve this target. “Welspun One seeks to effectively utilise government and private land parcels in Lucknow for the construction of Grade A warehouse facilities and logistics parks. WOLP would invest ₹2,000 crore in the state of Uttar Pradesh with the support of this association,” the company said in a statement.

Hyderabad-based real estate developer Laxmi Nivasam Developers has officially announced the launch of Laxmi Logistics Parks across India starting with Chittoor, Sadasivpet & Lucknow. This marks the brand’s foray into the warehousing and logistics business. Laxmi Logistics Park will be constructing 6.75 lakh sq. ft warehousing space across 30 acres land. Built with an investment of approx. Rs 150 crore and will create 1200 job opportunities for the people in and around these cities.Laxmi Logistics Park is expected to be the one stop solution for all top companies like Flipkart, Amazon, P&G etc., all over India. Moreover, the company has provided the best option for investors who are looking for passive income. It offers 8-12 per cent monthly rental yield as return on investment (RoI) on purchase of 40-sq-yard land in the logistics park at an investment of Rs 5.24 lakh. Speaking at the event, Rajendra Prasad Samundarpally, Chairman and Founder of Laxmi Nivasam Developers, said: “We are happy to launch Laxmi Logistics Park. This venture is going to change the face of Investments to the common man & is one step away from making One million Millionaires by 2035. It is going to be one of the biggest ever logistics spaces with a thought of making a common man as an owner in our company, we have started offering monthly rental incomes. Our properties are lavish and affordable for everyone. And we definitely thrive to spread aggressively across India”.

Snowman Logistics opens its first-ever state-of-the-art A-Grade dry warehouse for the chemical industry in Shoolagiri, Tamil Nadu. This is the cold-chain logistics company’s first venture into the chemicals business and first step into storing and distributing Hazardous chemicals. Snowman Logistics will work with BDP UGL Global Logistics (I) Pvt. Ltd – one of the world leaders in automobile chemicals – and will soon extend to other chemicals & related customers. The Shoolagiri facility is situated in Horizon Industrial Parks Pvt. Ltd. and is 50,000 sq. ft. of warehouse space with a capacity of 5500 MTs with G+5 racking, equipped with all safety equipment and compliances. The warehouse is equipped with modern storage and handling equipment and provides an efficient and secure storage solution for goods. It is also well-wired with cutting-edge technology to provide a 24-hour monitoring system and fire protection for the safety of the stored goods. Sunil Nair, CEO of Snowman Logistics says, “Being a market leader in the cold chain space for over three decades, we have come out of our comfort zone this time. We are very excited to serve and grow in this new segment and are committed to continuing to provide our customers with the highest quality services in the Chemicals space, as well.” He further added, “We are looking forward to working with BDP UGL Global Logistics (I) Pvt. Ltd, which is one of the world leaders in automobile chemicals and together implementing global standards and practices and developing world-class capabilities for storing and distributing hazardous chemicals in the region and beyond.” Speaking on their association with Snowman Logistics, Pavithran M Kallada, Managing Director, BDP India, says, “With our expertise in global chemical …

Raaja Kanwar, Chairman and Managing Director, Apollo Supply Chain and Apollo International Limited shared his views on Budget 2023, “The Union Budget 2023 lays out a credible roadmap towards the development of transport infrastructure and last-mile connectivity. We congratulate the budget for making Green Growth one of the top 7 priorities; focusing on ease of doing business. As, Apollo Supply chain, we look forward to resolving the inefficiencies in the country’s supply chain.”

Deepak Tiwari, COO, KSH Logistics said, “Budget 2023 is prioritizing the logistics and supply chain sector with a significant allocation of Capex of 10 lakh crore in infrastructure, roads, and railways which will help the industry to accelerate its growth. We believe that this initiative taken by the government will ensure the timely creation of exceptional transportation infrastructure and improve logistics throughout the country. On the other hand, the emphasis on green energy and skill development demonstrates a commitment to sustainability and growth, positioning the industry for a more efficient, environmentally conscious, and skilled future.”

Abhijit Verma, Founder & MD, Avinya Logistics & Industrial Parks said, “The 2023 budget of India is a beacon of hope for the working class, who form the backbone of our nation. The focus on job creation, skill development and providing social security to the working class is commendable. The emphasis on strengthening the technology adoption through payments infrastructure and Digilocker will go a long way in making a big impact in the lives of millions of Indians. The allocation of funds for skilling programmes, start-up ecosystem, and tax sops will benefit businesses and individuals alike. The budget strikes a perfect balance between economic growth and social welfare, making it a step towards a more equitable and prosperous India for all.”