Business Update23 Jan 2024, 05:22 pm
Mahindra Logistics Announces 6.5 Lakh sq. ft. Multi-client Warehousing Facility in Phaltan Maharashtra
AI Summary
Mahindra Logistics Limited has announced the ground breaking of its state-of-the-art warehousing facility in Phaltan, near Pune. The facility will be developed in two phases, with the first phase scheduled to be operational by the end of 2024. The facility will be an important part of the company's nationwide network of multi-client facilities and will manage inbound logistics to manufacturing and distribution solutions of diverse clients in the automotive and manufacturing sectors. The company plans to dedicate resources to skill development initiatives, creating employment opportunities for over 500 individuals in the region.,
Key Highlights
- 6.5 lakh sq. ft. Multi-client Warehousing facility in Phaltan, Maharashtra
- First phase to be operational by the end of 2024
- Integrated with national network of warehouses, full truck load, express parcel service
- Designed as per Mahindra Logistics Ltd. sustainability standards
- Rs. 170 crores to be invested in capital across multiple phases