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Mahindra Logistics inaugurates 1 lakh sq ft warehouse in Nashik

Initiative to augment network into Tier 2 and Tier 3 cities.

September 09, 2022 9:16 IST | India Infoline News Service
Mahindra Logistics Ltd. (MLL) has inaugurated 1 lakh sq. ft. of warehouse on Thursday designed with a sustainable warehousing architecture including multi-client capabilities, renewable energy, resource conservation and green cover as well.
"This state-of-art warehouse will play a prominent part of Company's pan-India network of multiuser facilities that provide support to customers inbound to manufacturing and fulfilment operations", the company said.
Further, the facility will support e-commerce, consumer, and manufacturing & engineering industries. The built-to-suit (BTS) facility is designed in line with MLL's sustainability standards, which includes usage of recycled construction material, liquid discharge management, renewable energy and waste management requirements and state-of-the-art automation. The facility has its onsite solar power generation capabilities to cater to the entire energy requirements and is equipped for solar charging for cargo vehicles and personal mobility also.
Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics, commented, "The new facility extends our focus on providing customers a pan-India network of world class warehousing infrastructure. 
This launch is part of our plan to expand into Tier 2 cities with larger, world class facilities. This new facility is a step forward towards our vision to be carbon neutral by 2040," he added.

On Friday early morning trade, Mahindra Logistics Ltd was trading at Rs490 per share higher by 0.04% on the BSE.

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