Page 16 - ITLN May - June 2022 issue

Spotlight
FM Logistic

In India,

we invest

in advance

for facilities,

resources, IT

more than

any other

country

(L-R) FM Logistic's global CEO Jean-Christophe Machet and Alexandre -Amine Soufiani, managing director, FM Logistic India.

FM Logistic is a family run company founded in 1967 in the The company is optimistic
northeast part of France with contract logistics as its core about India and plans to double its
warehousing footprint to 12 million sq
business. They have 4.5 million square meters of space present ft and increase the number of MCFs
in 171 locations across 14 countries including India employing from 5 to 11 by 2026. Managing director
29,200 people around the world and clocking 1.5 billion of FM Logistic India Alexandre Amine
Soufiani noted that the growth will first
euros annual turnover. In a recent interaction, the company happen in all Tier 1 cities, however, he
leadership puts their vision for India into perspective. is bullish about the demand for MCFs
in Tier 3 cities.
Libin Chacko Kurian Logistic in India registered 50 percent Soufiani said, “From the consumption
growth while on the group level growth point of view, dynamic cities like
n April 2022, the French third was around 10 percent. Even the growth Hyderabad, Bangalore and Pune could
party logistics (3PL) company, of the Indian market was below 12 see an increased level of growth as
FM Logistic, inaugurated its first percent. So, India is the fastest growing we are partnering with customers
Iowned Indian multi-client facility country for us and we grew almost four for dedicated facilities. There are
(MCF) in Farrukhnagar, Haryana, which times the speed of the Indian market.” opportunities to cater to Tier 3 cities as
is part of the five-year 150 million When compared to other countries, well with good quality and right value.”
euros investment plan the company Machet said that the trends are all the
announced in March 2019. Located on same: e-commerce and omnichannel
a 31-acre site, the 7.6 lakh sq ft facility operations are on the rise due to the
provides warehousing & handling, co- Covid-19 pandemic. However, he noted
packing, distribution, e-commerce, and that the time to start doing business
omnichannel services. The construction with a new customer is very low in India
of this facility has been supervised compared to other countries.
by FM Group company NG Concept, “In other countries, it is six to eight
a general contractor, designer, and months while in India it is one to three
builder of logistics real estate solutions months. It is impossible to have all the
on an international scale. tools ready, train people and have all
The Indian market is the third biggest the IT systems ready in two or three
among all countries for FM Logistic in months. So our strategy in India, more
terms of operational volumes including than in any other country, is to invest in
the square meters managed, number of advance for facilities, human resources
people and tasks placed every day. and IT infrastructure. Because, once we
Jean-Christophe Machet, global CEO sign the contract we can start in one to
of FM Logistic, said, “In FY 2022, FM three months,” he said.
14 May - June 2022 www.itln.in