According to India Warehousing Market Report 2020 by Knight Frank, “National Capital Region (NCR) emerges as the foremost market recording the highest volume of leasing at 8.6 million square feet (mn sq ft). It also recorded a 45 per cent CAGR growth in demand over a three year period. The report also notes that an additional 193 mn sq ft of warehousing space can be built on the existing land committed to warehousing across the top 8 cities of India. This works out to a 63 per cent addition to the existing 307 mn sq ft of warehousing stock in these markets NCR has a development potential multiple of 1.75, which implies that 75 per cent more warehousing space, can be added to the region. The current stock is reported to be 57mn sq ft with a potential of expansion to 100mn sq ft on warehousing land of 4,178 acres in NCR. In FY2020, 28 per cent of the warehousing space was leased by e-commerce followed by the manufacturing sector (24 per cent). Major occupiers such as Flipkart and Amazon took up warehouses at the exit points of the Kundli Manesar Palwal Expressway (KMP). The compounded annual growth rate (CAGR) for warehousing transactions for the period FY2017-20 in NCR remained positive with 45 per cent. The warehousing demand in the NCR market has kept vacancy levels low at 13.9 per cent compared to other markets such as Bengaluru and Pune which have vacancy levels of 29.7 per cent and 21.8 per cent respectively.
Read More »Holisol adds Automated Sales Centre (ASC) to enable faster fulfillment capabilities
Facilitating omnichannel e-commerce, Holisol has scaled up the fulfillment capabilities by adding self-serving ‘Automated Sales Centre (ASC)’, a tech-based solution that enables 24×7 touch-less buying of product. Along with this, the company has created a strong and tech-enabled network of pick-up centres, customer experience centres, rapid fulfilment centres, return/refurbishment centres, dark Stores, exchange stores, omni-channel fulfilment centres and collection centres enabling seamless omnichannel shopping experience for the end customer. “Our focus is, how to increase the accessibility of the consumption market for the customers, especially during the crisis. By enabling distributed inventory model and placing them closer to the consumption market, we aim to make our customers’ supply chain responsive and enable faster fulfilment”, states Rahul S Dogar, Managing Director, Holisol. “The biggest value addition has been to let our customer focus on sourcing and selling, leaving all else in between to us. With our tech-enabled omnichannel network we will speed up the fulfilment including instant, same day or next day fulfilment to increase the sales throughput of our customers,” he adds.
Read More »cargo-partner develops iLogistics Center in Dunajska Streda, Slovakia
cargo-partner has added over 3,600 pallet slots to its warehouse in Dunajska Streda, Slovakia, bringing the total up to 26,700 pallet slots on an area of 18,300 square meters. The investment consists of 2,727 slots for euro pallets (120×80 cm) as well as 900 slots for 160×80 cm pallets on an area of 1,000 m². Two new very narrow aisle (VNA) forklifts with floor induction ensure highly efficient warehouse operations. The forklifts are used in the storage zone and service area for fine picking, kitting and packing of over one million parts per year for two main clients of the very service-sensitive automotive sector.
Read More »IndoSpace keeps the fire burning in 7,000 kitchens
The period of successive lockdowns has been tough for the families whose incomes have been reduced substantially or become zero. To lend a helping hand such families, IndoSpace has taken an initiative to provide food rations to households living in the communities around IndoSpace’s warehousing and logistics parks in Maharashtra (Chakan, Khopoli), Karnataka (Bommasandra, Nelamangala) and Tamil Nadu (Chennai). Under this initiative, IndoSpace has distributed close to 7000 ration kits with the objective of supporting these families with their daily staple food requirements till the time the earning members of these families are able to return to employment. The ration kits have been customised as per the regional food habits. The company has set up distribution kiosks in the common areas of the village, and beneficiaries were able to collect their kits while following safety precautions and social distancing. The process is administered in the presence of an IndoSpace representative, a village administration official and the local NGO, to ensure that the distribution is as per the official government list only. IndoSpace is constantly evaluating the situation in the villages to understand how the livelihood is progressing as lockdown restrictions are beginning to ease and will take a call on continuing the support basis the situation on the ground.
Read More »Embassy Industrial Parks to build 1.3 million sq ft warehouse in Hosur, Tamil Nadu
Industrial Parks have announced its entry to South India with Hosur where it has acquired 60 acres of real estate in Hosur and is planning to build a warehousing facility spread across 1.3 million square feet. The park’s strategic location offers a great opportunity to Embassy Industrial Park’s clients to meet the needs of the consumers thus offering them a great spot for fruitful business execution. Aditya Virwani, COO, Embassy Group, & Spokesperson, Embassy Industrial Parks says, “Bengaluru is the hub of various industries including auto, auto ancillary, and other manufacturing units, and is also an IT hub and head office to numerous leading e-commerce brands. We are happy to share the construction of our industrial park is progressing and we already have interest from our existing clients in the Hosur under construction project. The pandemic has slowed the process but as soon as we come out of this, things will surely speed up. Hosur with its close proximity to Bengaluru city is a promising location and the positioning of our industrial park will surely pay off clients who lease in this facility.”
Read More »Agility opens 11,000 sqm facility in Barcelona, Spain
In order to expand its reach in Spain, Agility has opened a state-of-the-art, 11,000-square-meter warehouse and office facility at ZAL Port (Prat) in the Port of Barcelona. The new building addresses the current needs and planned growth of Agility Spain; equipped with state-of-the-art technology for logistics. Features of the warehouse include free height of 11 meters in the storage area and a deck roof built on site. The plot is equipped with 56 private parking spaces distributed in two areas and 25 loading gates with automatic sectional doors and external shelters. “Agility Spain offers extensive experience with three customs warehouses, temperature-controlled management, and the GDP certification required by pharmaceutical companies,” says Carlos Martinez, Sales Director, Agility Spain, in adding, “We focus on the renewable and engineering sectors, project logistics, transportation management, and turnkey projects for large-scale and complex initiatives.”
Read More »Holisol Logistics launches PPC & DAP to digitalise customers’ supply chain
Holisol Logistics has launched PPC (production planning & control) and DAP (dispatch allocation planning) in order to extend its offering into the customers manufacturing supply chains. The company has been offering full-stack logistics systems like WMS, TMS, OCFS etc to digitalise customers’ supply chain. VERDIS, Holisol’s AI and ML system has added these two additional modules to assist the customer to optimise their production and dispatch planning by analysing demand, sales forecasts, production capacities, rules and planning constraints analysing up to 75m data points to give an output which has helped customers save several million and precious resources involved in the planning process. Rahul S Dogar, Co-Founder of Holisol Logistics, says, “With PPC and DAP modules, Holisol has ventured into the manufacturing segment of the supply chain and will continue to build an end-to-end value chain system to help customers digitalise and optimise their supply chains.”
Read More »DB Schenker introduces global space scan to address the demand for warehouse space
Addressing the global demand for additional storage capacities is rising, DB Schenker has implemented a global space scan to identify and assess available idle space in all their own contract logistics warehouses. Changing customer behavior, due to COVID-19, has led to shipping backlogs in various regions around the globe. At the same time, growing consumer demands for certain goods, for example in the food or health care sector, have led to an increase in production. This has created a need for additional space along two dimensions: Currently unsaleable items need to be stored temporarily, and companies must build up stocks to avoid interruptions in supply. Xavier Garijo, Board Member – Contract Logistics, DB Schenker, says, “In the current situation, logistics is crucial to businesses and therefore our daily lives. With DB Schenker’s global network of contract logistics sites, we can offer the required flexibility in all key markets. Square meters usually used for dedicated customers, for example to cope with market fluctuations, are now transformed into temporary space opportunities – to support companies that urgently need additional capacity.”
Read More »Mapletree invests Rs300 crore in logistics park project in Pune
Mapletree, a Singapore-based developer-cum-investor, has invested Rs 300 crore in a logistics park project of Pune-based KSH Infra Industrial Park. The deal pertains to 0.7 million square feet (sq. ft) of Grade A logistics park KSH in Chakan, Pune. This deal is part of a 1.2 million sq. ft park that the firm is developing in the Chakan area of the city. The entire development and leasing of the project will be undertaken by KSH Infra. KSH Infra Industrial Park has entered into a forward sale agreement with Mapletree, wherein the investor has committed to buy the park at a pre-agreed valuation along with pre-defined technical specifications. The park is EDGE Certified and lays great impetus on the importance of green development. The entire park aims to be healthier, more productive, and help reduce stress on the environment. The buildings are designed to be more energy and resource-efficient, resulting in energy savings, and a reduction in utility costs in the long term for its clients.
Read More »Rhenus Logistics opens warehouse at Gurugram
Raising the bar of warehousing in India, Rhenus Logistics has opened a new mega warehouse at Gurugram in North India. The 350,000 square feet state-of-the-art facility will enable Rhenus to provide more scalable storage options and solutions, strengthening its integrated logistics services and solutions offerings for customers across the country. “With 69 offices in India and more than 1,600 employees nationwide, Rhenus India is committed to be the first choice for an integrated logistics solution and service provider. We partner with our customers to be the single point-of-contact for the entire supply chain, trusted with our advantage in terms of our trained manpower, consistent systems and processes. The strategically-located new warehouse affirms our commitment to our customers, as we step up on our offerings, and raise the bar for warehouses here,” said Vivek Arya, Managing Director, Rhenus Logistics India.
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