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Mahindra Logistics to expand warehouse capacity in south, east

Infrastructure  -  Sep 05,2023  - 

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 Logistics