Mahindra Logistics leased 1.4 mn sq ft warehouses at LOGOS’
WAREHOUSING & LOGISTICS

Mahindra Logistics leased 1.4 mn sq ft warehouses at LOGOS’

Mahindra Logistics Limited (MLL) has leased 1.4 million sq ft of warehousing facilities at LOGOS' Luhari Logistics Estate in Delhi National Capital Region (NCR). It represents India's largest warehousing facility in a single park.

LOGOS' will develop three grade-A warehousing facilities for MLL at Luhari Logistics Estate, according to the agreement. The initial 0.5 million sq ft facility is completed and fully operational, while the other two facilities are under development and expected to be completed by the end of December 2021 and 2022, respectively.

The new warehousing facilities will be pivotal for Mahindra's pan-India network of multi-client facilities, which manages the achievement and distribution of its clientele services.

CEO of LOGOS', Mehul Shah, said that the three warehouses would be delivered using lean construction, including offsite precast, fabrication, preassembly, and external development components. With a strong local network and regional expertise, the first warehousing facility was completed within the deadline, despite the Covid-19 challenges.

These are designed with the sustainability standards of the company, including Liquid Discharge Management and Renewable Energy, Waste Management and state-of-the-art automation.

CEO and Managing Director of Mahindra Logistics, Rampraveen Swaminathan, said that the company aims to provide integrated, customised solutions for inbound, fulfilment and warehousing networks. The company will grow its business and potential customers from all the regions.

MLL will pay rentals of $45 million for the space in over nine years. It will employ more than 2,500 employees and third-party associates in the new facilities.

LOGOS' and Mahindra Logistics are committed to sustainability. The new warehouses will use sustainability and environmental initiatives, including 20-acre Miyawaki Forest Plantation, solar power generation, distribution for warehouse and infrastructure energy provision.

Image Source

Also read: Mahindra Logistics expands warehousing capacity                                                                                                                                                                            Also read: Mahindra Logistics business impacted due to Covid-19

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Mahindra Logistics Limited (MLL) has leased 1.4 million sq ft of warehousing facilities at LOGOS' Luhari Logistics Estate in Delhi National Capital Region (NCR). It represents India's largest warehousing facility in a single park. LOGOS' will develop three grade-A warehousing facilities for MLL at Luhari Logistics Estate, according to the agreement. The initial 0.5 million sq ft facility is completed and fully operational, while the other two facilities are under development and expected to be completed by the end of December 2021 and 2022, respectively. The new warehousing facilities will be pivotal for Mahindra's pan-India network of multi-client facilities, which manages the achievement and distribution of its clientele services. CEO of LOGOS', Mehul Shah, said that the three warehouses would be delivered using lean construction, including offsite precast, fabrication, preassembly, and external development components. With a strong local network and regional expertise, the first warehousing facility was completed within the deadline, despite the Covid-19 challenges. These are designed with the sustainability standards of the company, including Liquid Discharge Management and Renewable Energy, Waste Management and state-of-the-art automation. CEO and Managing Director of Mahindra Logistics, Rampraveen Swaminathan, said that the company aims to provide integrated, customised solutions for inbound, fulfilment and warehousing networks. The company will grow its business and potential customers from all the regions. MLL will pay rentals of $45 million for the space in over nine years. It will employ more than 2,500 employees and third-party associates in the new facilities. LOGOS' and Mahindra Logistics are committed to sustainability. The new warehouses will use sustainability and environmental initiatives, including 20-acre Miyawaki Forest Plantation, solar power generation, distribution for warehouse and infrastructure energy provision. Image Source Also read: Mahindra Logistics expands warehousing capacity                                                                                                                                                                            Also read: Mahindra Logistics business impacted due to Covid-19

Next Story
Infrastructure Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Next Story
Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

Next Story
Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement