Om Logistics acquires ICD Bawal for Rs 1.10 billion

28 Aug 2024 CW Team

ICD Bawal is strategically located on the Delhi-Mumbai Industrial Corridor (DMIC) within the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) industrial estate. Spanning 20 acres, this multimodal logistics hub features two automated rail lines, a 30,000 sq. ft. custom bonded warehouse, and the capacity to handle 5,000 containers of EXIM cargo per month.

The depot offers exceptional connectivity to major ports like Mundra, Pipavav, and JNPT, ensuring smooth cargo movement. Its proximity to Indira Gandhi International Airport (DEL) and other regional airports facilitates efficient air cargo handling. Additionally, ICD Bawal’s location near NH48 and NH71 provides easy road access to northern and western India, and its direct link to the Western Dedicated Freight Corridor (WDFC) and Indian Railways supports swift rail cargo operations.

This acquisition will enable Om Logistics to enhance its nationwide operations, reduce transit times, and optimise supply chain management. "This milestone reflects our commitment to revolutionising supply chain management and setting new standards in the logistics industry," said Raghav Singhal, Executive Director of Om Logistics.

ICD Bawal is equipped with advanced technology, including automated container movement systems, real-time GPS tracking, and app-based monitoring. The depot also offers customised warehousing solutions with value-added services, ensuring operational excellence and precision.

With its strategic location and comprehensive multimodal connectivity, ICD Bawal is set to become a key hub for industrial and economic growth in the region, further establishing Om Logistics as a leader in the logistics industry.

(ET)

Om Logistics, a leading name in India's supply chain and logistics sector, has announced a significant acquisition of the Inland Container Depot (ICD) Bawal in Haryana for Rs 1.10 billion. This strategic investment marks a major milestone in the company’s growth, reinforcing its leadership position in the industry.ICD Bawal is strategically located on the Delhi-Mumbai Industrial Corridor (DMIC) within the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) industrial estate. Spanning 20 acres, this multimodal logistics hub features two automated rail lines, a 30,000 sq. ft. custom bonded warehouse, and the capacity to handle 5,000 containers of EXIM cargo per month.The depot offers exceptional connectivity to major ports like Mundra, Pipavav, and JNPT, ensuring smooth cargo movement. Its proximity to Indira Gandhi International Airport (DEL) and other regional airports facilitates efficient air cargo handling. Additionally, ICD Bawal’s location near NH48 and NH71 provides easy road access to northern and western India, and its direct link to the Western Dedicated Freight Corridor (WDFC) and Indian Railways supports swift rail cargo operations.This acquisition will enable Om Logistics to enhance its nationwide operations, reduce transit times, and optimise supply chain management. This milestone reflects our commitment to revolutionising supply chain management and setting new standards in the logistics industry, said Raghav Singhal, Executive Director of Om Logistics.ICD Bawal is equipped with advanced technology, including automated container movement systems, real-time GPS tracking, and app-based monitoring. The depot also offers customised warehousing solutions with value-added services, ensuring operational excellence and precision.With its strategic location and comprehensive multimodal connectivity, ICD Bawal is set to become a key hub for industrial and economic growth in the region, further establishing Om Logistics as a leader in the logistics industry.(ET)

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