Geekom Logistech to invest Rs 500 cr for Kochi’s logistics park
WAREHOUSING & LOGISTICS

Geekom Logistech to invest Rs 500 cr for Kochi’s logistics park

Industries Minister P Rajeeve said that Mumbai-based Geekom Logistech will invest Rs 500 crore in a logistics park in Kochi and the logistics park is expected to generate 2,000 new jobs.

During the Industries Minister's ‘Meet the Investor’ programme, top officials of Geekom Logistech promised an investment.

Geekom has already purchased land for the project, according to Rajeeve, who also informed that the Kerala government has promised all legal assistance and help for the project.

Geekom will receive all licences and clearances within seven days because the investment exceeds Rs 50 crore, according to the minister. In the first phase of the logistics park project, he said, a Rs 500 crore investment is proposed.

Geekom E-Technologies Pvt Ltd was founded in 2003, according to the company's website. Associated Roadlines in the transportation industry and Associated Agencies (in the advertising industry) have merged to form the company in warehouse management. In April of 2014, the firm was renamed Geekom Logistech. The company is building a 1,000,000 sq ft warehouse complex in Kochi, according to their website.

Companies like FirstCry, India's largest online store for newborns, babies, and children's products, and Reckitt and Coleman, a British multinational consumer goods company, will be among those partnering with the logistics park, according to Rajeeve.

The minister predicted that once the park is operational, an additional Rs 1,000 crore will be invested. According to a press release from the Industries Minister's office, top company officials, including Geekom Chairman Mohan Kumar, discussed project details with senior industry department officers as part of the Meet the Investor programme.

Image Source

Also read: Telangana seeks govt approval to develop four logistic parks

Industries Minister P Rajeeve said that Mumbai-based Geekom Logistech will invest Rs 500 crore in a logistics park in Kochi and the logistics park is expected to generate 2,000 new jobs. During the Industries Minister's ‘Meet the Investor’ programme, top officials of Geekom Logistech promised an investment. Geekom has already purchased land for the project, according to Rajeeve, who also informed that the Kerala government has promised all legal assistance and help for the project. Geekom will receive all licences and clearances within seven days because the investment exceeds Rs 50 crore, according to the minister. In the first phase of the logistics park project, he said, a Rs 500 crore investment is proposed. Geekom E-Technologies Pvt Ltd was founded in 2003, according to the company's website. Associated Roadlines in the transportation industry and Associated Agencies (in the advertising industry) have merged to form the company in warehouse management. In April of 2014, the firm was renamed Geekom Logistech. The company is building a 1,000,000 sq ft warehouse complex in Kochi, according to their website. Companies like FirstCry, India's largest online store for newborns, babies, and children's products, and Reckitt and Coleman, a British multinational consumer goods company, will be among those partnering with the logistics park, according to Rajeeve. The minister predicted that once the park is operational, an additional Rs 1,000 crore will be invested. According to a press release from the Industries Minister's office, top company officials, including Geekom Chairman Mohan Kumar, discussed project details with senior industry department officers as part of the Meet the Investor programme. Image Source Also read: Telangana seeks govt approval to develop four logistic parks

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code