January 23, 2024: Mahindra Logistics (MLL), an integrated logistics solutions providers, announced a warehousing facility in Phaltan, near Pune. Spread across an area of 6.5 lakh sqft, this facility will be developed in two phases. The first phase, comprising 3.5 lakh sqft is scheduled to be operational by the end of 2024.
Spread over an area of 25 acre at Phaltan, the new facility will be an important part of Mahindra Logistics nationwide network of multi-client facilities. Phaltan enjoys close proximity to customers in auto OEM and components sector. Through this warehouse, Mahindra Logistics will manage inbound logistics to manufacturing and distribution solutions of diverse clients in automotive and manufacturing sectors, located in the region.
The facility will be integrated with MLL’s national network of warehouses, full truck load and express parcel service. Phase 1 has been contracted to a manufacturing customer and will function as their national logistics centre and will go live by Q3, 2024-25.
These include measures such as decarbonisation, utilisation of renewable power, adherence to green warehousing standards and active participation in local community development.
As a part of this announcement, 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.
Rampraveen Swaminathan, MD & chief executive officer, Mahindra Logistics said, “To enhance our capabilities and meet the rising demand, we are expanding our multi-client warehousing network across India. Our latest facility in Phaltan is strategically located to augment the overall business ecosystem for our clientele in the region. The facility will be integrated with our national network of multi-client facilities, express and full truckload operations providing enhanced reach and service levels to our customers.”
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
Email: anuradha.ramamirtham@housing.com
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