Mahindra Logistics to add 500,000 sq feet warehousing space by end of FY19

Mahindra Logistics CEO Pirojshaw Sarkari said that the company is not going to look at acquiring any logistics firm for topline growth

Mahindra Logistics, part of Mahindra Group, is planning to add around 500,000 square feet of warehousing space by the end of the current financial year as part of its expansion in the country.     

Further, the company would look at investing in start-ups in the technology and analytics space in order to support its growth, said Mahindra Logistics Ltd CEO Pirojshaw Sarkari.  

The plans include expansion in South India, including in cities like Chennai, adding two more warehouses to the existing three -- focusing on the automotive and manufacturing sectors. In Chennai, it will add 200,000 square feet