Logistics Park will come up in Chennai
Shri Kailash Logistics Limited is planning to set up a 50-acre logistics park in close proximity to the the Chennai-Kolkata highway. The group is also planning to set up similar project in Bangalore, Coimbatore, Pune and Kochi.
The company had planned an investment of Rs 320 crore in expanding its logistics business. They has already completed 325,000 sft of warehousing space at Oragadam near Chennai, will make the investment to expand its warehousing business under its ‘Logicity’ brand by adding another 700,000 sq ft.
Around 250,000 sq ft area has already been leased out to leading multinational automobile companies like Nippon Express India and Toyato Tsusho.
In the Orgadam logistics park, the company has provided common infrastructure facilities like spacious roads for diagonal movements of 40-feet containers, uninterrupted power supply, IT and communication connectivity, high-end round-the-clock security, water supply, drainage network and landscaped greenery and gardens.
The logistics park will provide huge support to the retail business in those areas.
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Source: Business Standard
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