The company said it inaugurated a 1 lakh square feet
unit at its existing multi-client warehouse in Nashik.
The new 3 lakh sq
feet facility is scheduled to become operational by the end of the third
quarter of 2024, the company said, adding that the
state-of-the-art facilities will significantly enhance Mahindra Logistics’
pan-India network of multi-client warehousing networks.
Mahindra Logistics manages the distribution of auto
components for production plants in Nashik, Igatpuri and Mumbai for its auto
OEM (original equipment manufacturer) customers.
The new facilities will offer inbound logistics and
distribution solutions for automotive, engineering goods, and consumer durables
to customers.
Strategically located with easy access to key
industrial and manufacturing clusters as well as consumption markets in Nashik,
Aurangabad, Satpur, Silvassa and others, these facilities are poised to
facilitate efficient logistics operations.
The facilities will be designed in accordance with
Mahindra Logistics sustainability standards, encompassing the utilization of
renewable energy, use of recycled construction materials, efficient liquid
discharge management and adherence to waste management requirements.
With on-site solar power generation capabilities, the
facilities can fulfil all their energy needs and are equipped for solar
charging for both cargo vehicles and personal mobility.
The company, along
with its partners, plans to invest Rs 100 crore for the establishment of these
new facilities and generating employment opportunities for more than 300
individuals in the region.
RampraveenSwaminathan, Managing Director and CEO of
Mahindra Logistics, said, “Nashik occupies a strategic position, serving as
both an industrial and consumption cluster, thereby enriching the overall
business ecosystem for companies.“Our
latest expansion in Nashik enables us to broaden our portfolio of integrated
solutions for our esteemed clientele in the region, aligning with our
strategy to establish larger, world-class facilities in Tier 2 and Tier 3
cities.”