Om Logistics acquires key inland container depot in Haryana for Rs 1.1 Bn

10 Sep 2024 CW Team

Om Logistics, a leading name in India's supply chain and logistics management sector, has taken a significant step forward with the acquisition of the Inland Container Depot (ICD) Bawal in Haryana for Rs 1.1 billion. This strategic investment is a major milestone in the company's growth path, reinforcing its position as an industry leader. ICD Bawal is strategically situated within the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) industrial estate along the Delhi-Mumbai Industrial Corridor (DMIC). Spread over 20 acres, this multimodal logistics hub is designed to support a wide range of operations, making it a critical asset for Om Logistics as it seeks to enhance its nationwide operations. Raghav Singhal, Executive Director of Om Logistics, highlighted that this acquisition demonstrates the company's commitment to revolutionising supply chain management and setting new industry benchmarks. With its strategic location, state-of-the-art infrastructure, and robust connectivity, ICD Bawal is poised to become a central hub for industrial and economic growth in the region, further cementing Om Logistics' leadership in the logistics industry. The facility is equipped with two automated rail lines, a 30,000 square foot customs bonded warehouse, and has the capacity to handle up to 5,000 containers of EXIM (Export-Import) cargo each month. This infrastructure ensures that the depot can manage substantial volumes of cargo efficiently, which is essential for meeting the growing demands of both domestic and international markets. In conclusion, Om Logistics' acquisition of the Inland Container Depot (ICD) Bawal in Haryana represents a strategic move to strengthen its leadership in India's logistics sector. With a significant investment of Rs 1.1 billion, this multimodal logistics hub, covering 20 acres and equipped with advanced infrastructure, will enhance the company's operational capabilities. The facility's strategic location along the Delhi-Mumbai Industrial Corridor and its capacity to handle up to 5,000 containers of EXIM cargo monthly position Om Logistics to meet increasing market demands effectively. This acquisition not only highlights the company's commitment to improving supply chain management but also sets a new industry benchmark, driving industrial and economic growth in the region.

Infrastructure Urban

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