Encompassing an expansive area of 6.5 lakh sq. ft., this facility will be
developed in two phases. The first phase, comprising 3.5 lakh sq. ft., is
scheduled to be operational by the end of 2024.
Spread over an area of 25 acres at Phaltan, the new
facility will be an important part of Mahindra Logistics Ltd. nationwide
network of multi-client facilities. Phaltan is a
strategic location in close proximity to key customers in auto OEM &
components 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
Amongst the largest warehouses by logistics service
providers in the region, the facility will be designed as per Mahindra
Logistics Ltd. sustainability standards. These include measures such as decarbonisation, utilization of renewable
power, adherence to green warehousing standards, and active participation in
local community development. As a part of this announcement, Mahindra Logistics
Ltd. 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 crores in capital across
multiple phases for the development of the new facility and related
infrastructure
Rampraveen Swaminathan, MD & chief executive officer, Mahindra
Logistics Ltd. 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 valued 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. It embodies our commitment
to delivering world-class, technology-driven solutions and aligns with our
vision to achieve carbon neutrality by 2040.