Mahindra Logistics announces 6.5 lakh sq ft MCF near Pune
The first phase of the facility to be operational by the end of 2024; to serve Auto & Engineering customers in the region.
Mahindra Logistics (MLL) announced the groundbreaking of its warehousing facility in Phaltan, near Pune.
Encompassing an expansive area of 6.5 lakh sq. ft., this facility will be developed in two phases. The first phase, comprising 3.5 lakh sq. ft., is scheduled to be operational by the end of 2024.
Spread over an area of 25 acres at Phaltan, the new facility will be an important part of Mahindra Logistics Ltd. nationwide network of multi-client facilities. Phaltan is a strategic location in close proximity to key customers in auto OEM & components through this warehouse, Mahindra Logistics will manage inbound logistics to manufacturing and distribution solutions of diverse clients in automotive and manufacturing sectors, located in the region. The facility will be integrated with MLL’s national network of warehouses, full truck load, and express parcel service. Phase 1 has been contracted to a manufacturing customer and will function as their national logistics centre and will go live by Q3, 2024-25.
Amongst the largest warehouses by logistics service providers in the region, the facility will be designed as per Mahindra Logistics Ltd. sustainability standards. These include measures such as decarbonisation, utilization of renewable power, adherence to green warehousing standards, and active participation in local community development. As a part of this announcement, Mahindra Logistics Ltd. also plans to dedicate resources to skill development initiatives, creating employment opportunities for more than 500 individuals in the region. The company and its partners are set to invest Rs. 170 crores in capital across multiple phases for the development of the new facility and related infrastructure.
Rampraveen Swaminathan, MD & chief executive officer, Mahindra Logistics Ltd. said, “To enhance our capabilities and meet the rising demand, we are expanding our multi-client warehousing network across India. Our latest facility in Phaltan is strategically located to augment the overall business ecosystem for our valued clientele in the region. The facility will be integrated with our national network of multi-client facilities, express, and full truckload operations providing enhanced reach and service levels to our customers. It embodies our commitment to delivering world-class, technology-driven solutions and aligns with our vision to achieve carbon neutrality by 2040.