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Avvashya CCI to invest Rs 60 cr in auto ancillary warehouse in Assam
Industry News- May 29,18
The warehouse will provide end-to-end management for aftermarket spare parts to service the North-East sector, which includes last mile delivery.
Mumbai
Avvashya CCI Logistics Private Ltd. (ACCI), a subsidiary company of Allcargo Logistics Ltd, plans to invest close to Rs 60 crore in the next two years to build an auto engineering part warehouse in Guwahati.
The warehouse will be partially HD (heavy duty) racked warehouse, auto specific with shelving and block storage for odd dimensional cargo. The warehouse is located at DPS road, Gorchuk on NH 27 Amingaon, Guwahati, which is on the highway from Kolkata towards Assam. It has the location advantage and will provide a gateway to the whole of northeast. Spread across three lakh sq ft, the warehouse will provide end-to-end management for aftermarket spare parts to service the North-East sector, which includes last mile delivery.
In the first phase, the facility will be spread across one lakh sq feet and provide employment to around 100 employees. In the second phase, the company plans to expand to three lakh sq feet and employ more than 250 employees. A large part of the investment will be used towards automation in the state-of-the-art facility designed to meet global standards.
Adarsh Hegde, Joint Managing Director, Allcargo Logistics Ltd, stated, “The North-East region in India has huge potential and is emerging as one of the strategic geographical markets. Our foray into the north east completes our Pan India presence and enhances our journey to provide the best of facilities in logistics across the country. The new facility launch is part of our business expansion strategy, thereby strengthening our leadership position and meeting our Prime Ministers mission to generate higher employment in this region.”
V Balaji, CEO, Contract Logistics, Avvashya CCI Logistics Private Ltd, added, “The uniqueness of the warehouse lies in the degree of automation. Through smart integration of technology and service quality of highest standards, we plan to increase our efficiency and make our logistics processes more effective.”
ACCI provide sophisticated end-to-end supply chain solutions to enable clients to thrive in a challenging market scenario. Hallmarked as an Automobile Integrated Logistics Specialist with special focus on inbound, covering manufacturing and aftermarket, Avvashya CCI delivers critical solutions for equipment, component and aftermarket OEMs.
ACCI cover the entire spectrum of logistics services for preparing, transporting and importing vehicles in completely knocked down units (CKD) or semi knocked down components (SKD).
Currently, Avvashya CCI has a pan India network of warehouses and focuses on different industry verticals such as chemical, food and pharma, auto and engineering, and retail, fashion and e-commerce.
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