Allcargo Supply Chain to add 3 mn sq ft of warehousing space in 2-3 yrs

Currently operating with 6 million sq ft of space, the company said in the initial phase of expansion, it plans to begin from the north and south regions

Warehouse
The company said its nationwide expansion plan includes the establishment of standardized warehouses equipped with cutting-edge facilities
Press Trust of India Mumbai
2 min read Last Updated : Feb 26 2024 | 5:35 PM IST

Allcargo Group's logistics arm Allcargo Supply Chain Private Limited (ASPL) on Monday said it aims to add a 3 million square feet of warehousing space in the next two-three years as part of its expansion plan.

Currently operating with 6 million sq ft of space, the company said in the initial phase of expansion, it plans to begin from the north and south regions.

ASPL has warehouses spread across more than 80 locations in India.

The company said its nationwide expansion plan includes the establishment of standardized warehouses equipped with cutting-edge facilities.

These warehouses will cater to all sectors, with ASPL's client distribution comprising 25 per cent from the chemical sector, 30 per cent from e-commerce, 25 per cent from auto engineering, and 15 per cent from other verticals, it said.

"Our expansion plan is not just about increasing square footage; it's about strengthening our capabilities to better serve our clients.

"With modern infrastructure and advanced Warehouse Management Systems (WMS), our warehouses will optimize the process of moving and storing goods while adhering to all required compliances," said Sushil Rathi, Director at ASPL.

ASPL has more than 27 multi-user chemical warehouses, serving over 70 companies. It has recently set up a Grade A chemical warehousing facility at its facility in Navi Mumbai.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Warehousing sectorSupply chainlogistics sector

First Published: Feb 26 2024 | 5:35 PM IST

Next Story