Avvashya CCI Logistics Pvt Ltd (ACCI), a subsidiary of Allcargo Logistics, today said it plans to invest around Rs 60 crore to build an auto engineering parts warehouse here in the next two years.
"The warehouse will be partially heavy-duty racked warehouse, auto specific with shelving and block storage for odd dimensional cargo," the company said in a statement.
The proposed unit will be located at North Guwahati.
Commenting on the development, Allcargo Logistics Joint Managing Director Adarsh Hegde said, "The North-East region has huge potential and is emerging as one of the strategic geographical markets.
"Our foray into the North East completes our pan-India presence and enhances our journey to provide the best of facilities in logistics across the country."
Spread across three lakh sq ft, the warehouse will provide end-to-end management for aftermarket spare parts to service the North-East sector, the company said.
Also Read
In the first phase, the facility will cover one lakh sq ft and provide employment to around 100 people, the statement said.
"In the second phase, the company plans to expand it to three lakh sq ft and employ more than 250 employees. A large part of the investment will be used towards automation...," it said.
Avvashya CCI has a pan-India network of warehouses and focuses on industry verticals such as chemical, food, pharma, auto, engineering, retail, fashion and e-commerce.
Disclaimer: No Business Standard Journalist was involved in creation of this content
