Tata Croma receives a 3.09 lakh square foot warehouse lease from ESR in Gurgaon

21 Jul 2022 , 12:26 PM

Tata Croma has leased 309,000 square feet of warehouse space from logistics development platform ESR at Gurgaon’s Sohna logistics park. This will be the company’s largest distribution centre in North India, according to ESR’s CEO Abhijit Malkani.

The distribution centre for Croma is housed in the 76.84-acre ESR Sohna Logistics Park, which is inside the KMP circle. It will lessen and improve the retailer’s last-mile delivery difficulties in Delhi and the surrounding areas.

In a future-proof, sustainable setting, “this Grade A green facility will let Croma scale its operations in north India, deploy automation, and develop a long-term value chain,” claimed Malkani.

Recently, LAS Ventures said that it is in discussions to create a $300 million fund to build grade A warehouses around the nation in order to meet demand from the manufacturing, third-party logistics, and e-commerce industries.

The one million square foot facility in Sohna, Gurgaon, is currently being built by the Delhi-based warehousing company’s first phase, which is anticipated to be finished by November of this year. The building is next to the logistics park of ESR.

The most important location for warehousing in northern India is set to be Sohna. Infrastructure improvements made recently and those planned for the future will improve the area’s accessibility and provide for speedier access to Delhi-National Capital Region (NCR).

“At Croma, we prioritise getting to know our clients and promptly attending to their electronic demands. As we increase our presence in NCR, the inauguration of DC at ESR Sohna in Gurgaon is a step in that direction “according to Croma Infiniti-Retail Ltd. managing director Avijit Mitra.

The ESR India app will be integrated with the park for online facility management. It has been pre-certified by the Indian Green Building Council as “platinum.”