Friday, July 26News That Matters

Mahindra Logistics announces 6.5 Lakh sq. ft. Multi-client Warehousing facility in Phaltan, Maharashtra

The first phase of the facility to be operational by the end of 2024; to serve Auto &
Engineering customers in the region~
Pune, January 22, 2024: Mahindra Logistics Limited (MLL), one of India’s largest
integrated logistics solutions providers, announced the ground breaking of its state-of-
the-art 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, 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 decarbonization, 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.
Mr. 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.