Avvashya CCI to pump in Rs 60 cr for Guwahati warehouse facility

May 29, 2018: Avvashya CCI Logistics Private Limited (ACCI), a subsidiary company of Allcargo Logistics Limited announced that it plans to invest around to Rs 60 crore in the next two years to build an auto engineering part warehouse in Guwahati.

Update: 2018-05-29 11:23 GMT
Representative image

May 29, 2018: Avvashya CCI Logistics Private Limited (ACCI), a subsidiary company of Allcargo Logistics Limited announced that it plans to invest around Rs 60 crore in the next two years to build an auto engineering part warehouse in Guwahati.

The facility will be spread across one lakh sq. feet and provide employment to around 100 employees in the first phase. The second phase will see an expansion of 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 MD, Allcargo Logistics Ltd, said, "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 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.”

The warehouse will be partially heavy duty (HD) racked warehouse, auto specific with shelving and block storage for odd dimensional cargo.

V Balaji, CEO, Contract Logistics, Avvashya CCI Logistics Private Ltd, said, “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." 

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