With an investment of Rs 500 million, India’s leading logistics company Uniworld Logistics Pvt Ltd has opened an integrated logistics park at Irungattukottai on Chennai-Bangalore highway. Uniworld logistics park has an inland container depot, airfreight station, bonded warehouse, customs clearance, general warehousing. Futher, this park can also be used for distribution of products, according a top company official.
Meanwhile, computer manufacturer major Acer is one of the first customers to use the new facility. Prem Kumar, managing director and CEO, Uniworld, said, “Acer will import laptops from China; carry bags from Taiwan and mouse/keypads from Thailand. The finished product will be assembled at Uniworld Logistics Park, and distributed to various parts of the country.”
Fresenius Medical Care, a German provider of dialysis products and services for patients, will also use the new facility to distribute its products in India.
“With a turnover of around Rs 3.1 billion, we are further planning to invest an additional Rs 400 million in the next couple of years to build a similar logistics park in Bangalore and also a Free Trade Warehouse in Sriperumbudur, near Chennai,” concluded Kumar.
— IndiaRetailing Bureau