 "Snowman Logistics to set up warehouse in Andhra Pradesh")
Snowman Logistics Ltd will set up a new facility at the Gateway Distriparks Logistics Park in Krishnapatnam (Andhra Pradesh) with a capacity of 3,500 pallets of temperature controlled and dry warehousing. This facility can be further scaled up to 10,000 pallets in a phased manner within the next two years.
The location is 7 km from Krishnapatnam port, which currently services the requirements of southern and central Andhra Pradesh such as the newly developed Sri City industrial region, eastern Karnataka, northern Tamil Nadu and eastern Maharashtra. Furthermore, combined with its existing Chennai, Hyderabad and Vishakhapatnam facilities, Snowman will be in a position to fully cater both Tamil Nadu and Andhra markets as its locations are close to each market and near all the major ports in the area - Krishnapatnam, Vishakhapatnam, Chennai, Kattupalli and Ennore. “This will place Snowman with the Gateway Distriparks CFS in a unique position to be able to offer a bundled solution to the export-import (Exim) trade through the CFS and temperature controlled storage and distribution facilities,” said Snowman Logistics in a BSE filing today.
The facility, scheduled to become operational by March 2017, will cater to the Exim trade including seafood, meat, dairy products, pharmaceutical products, fruits and fruit pulp. Snowman’s current capacity is 98,500 pallets which will go up to 103,000 pallets once the Cochin warehouse, currently under construction, is operational in the next quarter.
With the addition of the Krishnapatnam facility, Snowman’s total capacity will reach 106,500 pallets in this financial year.
The location is 7 km from Krishnapatnam port, which currently services the requirements of southern and central Andhra Pradesh such as the newly developed Sri City industrial region, eastern Karnataka, northern Tamil Nadu and eastern Maharashtra. Furthermore, combined with its existing Chennai, Hyderabad and Vishakhapatnam facilities, Snowman will be in a position to fully cater both Tamil Nadu and Andhra markets as its locations are close to each market and near all the major ports in the area - Krishnapatnam, Vishakhapatnam, Chennai, Kattupalli and Ennore. “This will place Snowman with the Gateway Distriparks CFS in a unique position to be able to offer a bundled solution to the export-import (Exim) trade through the CFS and temperature controlled storage and distribution facilities,” said Snowman Logistics in a BSE filing today.
The facility, scheduled to become operational by March 2017, will cater to the Exim trade including seafood, meat, dairy products, pharmaceutical products, fruits and fruit pulp. Snowman’s current capacity is 98,500 pallets which will go up to 103,000 pallets once the Cochin warehouse, currently under construction, is operational in the next quarter.
With the addition of the Krishnapatnam facility, Snowman’s total capacity will reach 106,500 pallets in this financial year.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%