3PL service provider, FM Logistic India, has entered into a contract with Welspun One Logistics Parks to lease warehousing space at Bhiwandi.
As per the agreement, Welspun One will lease out approximately 9 lakh sq. ft. of warehousing space to FM Logistic India at its flagship Bhiwandi facility. The INR 900 CR facility is Welspun One’s flagship project and is spread over 110 acres. Welspun One Logistics Parks is also in advanced discussions for another 1.5 mn sft with other e-commerce and 3PL companies for their park in Bhiwandi.
FM Logistic India, with this deal, will now have an additional 9 lakh sq ft of dedicated Grade A warehousing campus in one of the key micro markets in India – Bhiwandi, Mumbai. At a time when efficient logistics services are key to developing omni-channel retail strategies, this move will give FM Logistic a significant presence to service the Mumbai Metropolitan Region, which has a consumption base of 26 million people.
The Grade A logistics facility has been designed according to the best industry standards with high spec buildings, 100% compliance to norms and stringent safety standards, allowing FM Logistic to strengthen its foothold in India’s economic capital. The campus will also give the company adequate room to consolidate and expand operations in the future. Despite the ongoing pandemic and the resultant lockdown, FM Logistic India added 10 lakh sq ft of warehousing space under its operations this year. The main impetus for this growth has been on account of great focus on the e-commerce, omnichannel, FMCG, food and Pharma sectors.
Alexandre Amine Soufiani, MD – FM Logistic India said, “We are committed to providing our customers with the best-in-class warehousing infrastructure. Our association with Welspun One Logistics Parks will help us further enhance our service offering to our valued customers. Through the said warehouse in Bhiwandi, we will provide our customers with faster connectivity to the major consumption markets in the West. This state-of-the-art facility will further enable us to provide our collaborators with a safe and healthy working environment as their safety, health and well-being is one of our top-most priorities. The logistic park will provide for sustainable use of resources – another feature why we chose to associate with this project. We are one of the rare 3PL service providers in the nation with a strong focus on sustainable development. The said project advocates the use of green sources of energy.”
“Solar panels will be installed for generation of clean electricity and the necessary infrastructure in place to facilitate the charging of electric trucks. FM Logistic India and Welspun One, both, share a strong sense of commitment towards customers, focus on innovation and operational excellence. This alliance was further spurred by the transparency, visibility, and the thorough processes that Welspun One demonstrated for the development,” Soufiani added.
The project, zoned as an Integrated Logistic Park under MIDC, will be the largest one-of-its kind landmark development project with excellent connectivity to the Mumbai-Nashik National Highway (NH3), JNPT (Nhava Sheva) Port, Mumbai’s international and domestic airport. Strategically located – 45 kms from Mumbai’s CBD and 6 kms from Kalyan City, the project location is optimal for servicing large fulfilment requirements.
The park itself has been conceived to provide end to end solutions for tenants with large docking areas, adequate parking and other Grade A park amenities. Designed by global logistics experts, the park’s traffic planning maximizes throughput efficiency which is especially beneficial for FMCG and e-commerce companies as they go through their own sales cycles, needing to accommodate larger inventories and facilities that enable automation.
Advanced features like park management and maintenance on a tech-enabled platform, IoT driven traffic management system to minimize travel distance and trucks with RIFD tags to predetermine directions and docking will be integrated within the park. The park will also be a zero discharge facility implementing strategies to minimise water consumption, rain water harvesting along with providing for roof top solar will be an IGBC Gold certified facility.
Anshul Singhal, Managing Director, Welspun One Logistics Parks said, “At Welspun One, we are committed to solving the location needs of our clients with solutions that are driven to achieve the highest levels of compliance, safety, operational efficiency and innovation. Our endeavour as a team is to positively value add to our clients’ business requirements by ensuring they get the highest quality assets, on time with zero nuisance. At our first park in Bhiwandi, we are delighted to partner with a globally reputed company like FM Logistic.
“We share similar values of strong emphasis on quality, solving customers’ needs, and a long term vision of continued excellence. We are certain that our association with the leading international logistics provider of their repute is a long term relationship as we buy, build, and lease properties across India that are aligned with global standards as well as our tenants’ requirements and aspirations,” he added.
With this new leased space, FM Logistic India will have a total of 7.0 million sq ft of warehousing space across India. The company has successfully provided plug and play omni-channel services to many customers, and is one of the key Contract Logistics service providers in the country. The 3PL player provides Warehousing & Distribution services for FMCG, food, retail, automotive, consumer durables, e-commerce, engineering, telecom, pharma and other sectors.