AVVASHYA CCI PLANS TO INVEST AROUND INR 60 CRORE IN THE NEXT TWO YEARS
Mumbai, May 29, 2018: Avvashya CCI Logistics Private Ltd. (ACCI), a subsidiary company of Allcargo Logistics Ltd., today announced that it plans to invest close to INR 60 crore in the next two years to build an auto engineering part warehouse in Guwahati.
Inthe first phase, the facility will be spread across one lakh sq. feet and provideemployment to around 100 employees. In the second phase, the company plans toexpand to three lakh sq. feet and employ more than 250 employees. A large partof the investment will be used towards automation in the state-of-the-art facilitydesigned to meet global standards.
Explainingthe rationale behind the move, Adarsh Hegde, Joint Managing Director, AllcargoLogistics Ltd. said, "The North-East region in India has huge potentialand is emerging as one of the strategic geographical markets. Our foray intothe north east completes our Pan India presence and enhances our journey toprovide the best of facilities in logistics across the country.”
“Thenew facility launch is part of our business expansion strategy, therebystrengthening our leadership position and meeting our Prime Ministers missionto generate higher employment in this region,” he added.
VBalaji, CEO, Contract Logistics, Avvashya CCI Logistics Private Ltd. said, “Theuniqueness of the warehouse lies in the degree of automation. Through smartintegration of technology and service quality of highest standards, we plan toincrease our efficiency and make our logistics processes moreeffective."
ACCIprovide sophisticated end-to-end supply chain solutions to enable clients tothrive in a challenging market scenario.
Zero downtime with value-driven inboundsolutions, delivery TAT and 100% tracing of material with our outboundcapabilities
ACCIcover the entire spectrum of logistics services for preparing, transporting andimporting vehicles in Completely Knocked Down units (CKD) or Semi Knocked Downcomponents (SKD).
Currently,Avvashya CCI has a pan India network of warehouses and focuses on differentindustry verticals such as chemical, food and pharma, auto and engineering, andretail, fashion and e-commerce.
Avvashya CCI Logistics has beenawarded consistently for last 2 years as Best Warehouse Service Providermeasured on Safety, Sustainability, Social responsibility & Services.