Mahindra Logistics announces expansion of its Multi-client Warehousing capacity to 5 lakh sq. ft. in Nashik
Mumbai, January 26th, 2024: Mahindra Logistics Limited, one of India’s largest integrated logistics solutions providers inaugurated a 1 lakh sq. ft. extension to its existing multi-client warehouse in Nashik and also announced the development of a new 3 lakh sq. ft. warehousing facility, thereby expanding its overall warehousing footprint to 5 lakh sq. ft. in Nashik, Maharashtra. This will be the largest warehousing space offered by any service provider in Nashik. The new facility is scheduled to become operational by the end of Q3 2024.
The state-of-the-art facilities will significantly enhance Mahindra Logistics’ pan-India network of multi-client warehousing network. Mahindra Logistics manages the distribution of auto components for production plants located in Nashik, Igatpuri and Mumbai for an Auto OEM customer from its existing warehouse. The new facilities will offer inbound logistics and distribution solutions for Automotive, Engineering goods, and Consumer Durables customers, incorporating technology-enabled and automated processes with end-to-end visibility. Strategically located with an easy access to key industrial and manufacturing clusters as well as consumption markets in Nashik City, Aurangabad, Satpur, Silvasa, and others, these facilities are poised to facilitate efficient logistics operations.
The facilities will be designed in accordance with Mahindra Logistics sustainability standards, encompassing the utilization of renewable energy, use of recycled construction materials, efficient liquid discharge management, and adherence to waste management requirements. With on-site solar power generation capabilities, they can fulfil all their energy needs and are equipped for solar charging for both cargo vehicles and personal mobility. The unique feature of these facilities is the introduction of green cement flooring in the warehouse, eliminating traditional cement. The company, along with its partners, plans to invest Rs. 100 crores for the establishment of these new facilities; and generating employment opportunities for more than 300 individuals in the region.
Commenting on this, Mr. Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics, said, “Nashik occupies a strategic position, serving as both an industrial and consumption cluster, thereby enriching the overall business ecosystem for companies. These recent enhancements to our facilities serve as a testament to our commitment to delivering a world-class warehousing infrastructure and network nationwide designed as per our sustainability standards. Our latest expansion in Nashik enables us to broaden our portfolio of integrated solutions for our esteemed clientele in the region, aligning with our strategy to establish larger, world-class facilities in Tier 2 and Tier 3 cities”.
