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

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 Transport

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

Next Story
Infrastructure Urban

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..

Next Story
Infrastructure Urban

India Post, MoRD Tie Up to Boost Rural Inclusion

The Department of Posts and the Ministry of Rural Development have signed a Memorandum of Understanding to accelerate rural transformation and expand financial, digital and logistics services for Self-Help Groups (SHGs) and rural households across India. The agreement was signed in the presence of Union Minister of Communications and Development of North Eastern Region Jyotiraditya M. Scindia and Union Minister of Rural Development and Agriculture and Farmers’ Welfare Shivraj Singh Chouhan. The collaboration aligns with the government’s “Dak Sewa, Jan Sewa” vision and seeks to repositi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App