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Mahindra Logistics to invest Rs 170 cr in warehousing facility in Maharashtra

Wednesday, 24 Jan 2024
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Mahindra Logistics has announced teh construction of a new warehousing facility in Phaltan, near Pune, Maharashtra to augment its capabilities and meet the rising demand. Spread over an area of 25 acres, the new facility will be a crucial part of Mahindra Logistics’ nationwide network of multi-client facilities.

Through this warehouse, Mahindra Logistics will manage inbound logistics to manufacturing and distribution solutions of its clients in automotive and manufacturing sectors located in the region, providing enhanced reach and service levels. Encompassing an area of 6.5 lakh sq ft., this facility will be developed in two phases. The first phase, comprising 3.5 lakh sq. ft of area, is scheduled to be operational by the end of 2024.

The strategic location offers proximity to key customers in auto OEM and components The facility will be integrated with MLL’s national network of warehouses, full truck load operations. Phase-I has been contracted to a manufacturing customer and will function as its national logistics centre and will go live by Q3/ FY25.

Amongst the largest warehouses by logistics service providers in the region, the facility will be designed as per Mahindra Logistics' sustainability standards in decarbonisation, renewable power utilisation, adherence to green warehousing standards, and active participation in local community development.

Mahindra Logistics also plans to dedicate resources to skill development initiatives, creating employment opportunities for more than 500 individuals in the region. The company and its partners are set to invest Rs 170 crore in capital across multiple phases for the development of the new facility and related infrastructure.

 
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