LUHARI VILLAGE in Haryana's Jhajjar district, about an hour's drive from New Delhi, occupies a prominent place on the state's industrial map. A key warehousing hub, it is dotted with dedicated warehouses and industrial parks belonging to big Indian companies and MNCs. Driving around Luhari, what catches the eye the most are three humungous structures bearing the name of Mahindra Logistics.
This June, Mahindra Logistics was in the news precisely due to these structures. With the third structure becoming operational, Mahindra Logistics came to create a record of sorts. Boasting a total space of 1.4 million sq. ft between the three structures, this is India's largest facility in a single park. Not just that, this facility also represents the ambitions of Mahindra Logistics (MLL), the Rs 4,000 crore-plus logistics arm of Mahindra Group that wants to scale its business quickly.
This state-of-the-art warehouse is an important part of MLL's pan-India network of multi-client facilities that manage the fulfilment and distribution of its clients' services within the e-commerce and consumer industries, informs Rampraveen Swaminathan, Managing Director & CEO, MLL.
"Expanding revenue from Solutions, which includes warehousing and value-added services, remain a critical part of our strategic priority. In FY22, we registered over 40 per cent year-on-year growth in revenue from Warehousing & Solutions. We plan to continue this growth trend in FY23," says Swaminathan.
Luhari is expected to play a significant role in MLL's plan due to its proximity to key markets in Delhi, UP, Uttarakhand, Rajasthan, Punjab and Haryana, which are key consumption belts for e-commerce, pharmaceuticals, consumer goods and retail, among other markets. "We have a total of 1.4 million sq.ft warehousing area at Luhari which will facilitate us to serve these geographies effectively," says Swaminathan.
هذه القصة مأخوذة من طبعة 30 July 2022 من Businessworld India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة 30 July 2022 من Businessworld India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
