CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Mahindra Logistics intends to expand warehouse capacity and strengthen its fleet operations in the southern and eastern regions, driven by rising demand in the FMCG and consumer segments, as well as increased interest in smaller towns.
The company has set a target of reaching 30 million sq.ft. warehouse capacity in the next 7- 8 years from 19 million sq.ft. at present, by adding at least 2.5 million sq.ft every year.
Apart from strengthening its operations in the eight major cities, it plans to expand into tier-II cities with strong demands like Lucknow, Vizag, Coimbatore, and Tuticorin, among other places.
Clients now expect the faster movement of goods to tier-II cities and smaller towns and cutting down delays, Rampraveen Swaminathan, Managing Director and Chief Executive of the company said.
Company : Mahindra LogisticsRecent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025