BOXCO LOGISTICS INDIA PVT. LTD,
the logistics arm of J. M. BAXI Group, has inked a Memorandum of
Understanding (MoU) with COLDMAN LOGISTICS PVT. LTD, India’s leading
cold chain service provider, for collaborating on developing and operating cold
chain businesses across the J. M. Baxi Group’s cargo handling terminals.
Under this cold chain alliance, the
first facility to come into operation will be BOXCO’s world class Temperature
Controlled Warehouse (TCW) in Sonepat, Haryana.
The TCW is very strategically
located, with close proximity to Asia’s largest wholesale fruits and
vegetables market (Azadpur Mandi, Delhi), Mega Food Park (Panipat), Delhi NCR
region, the upcoming Delhi Mumbai Industrial Corridor (DMIC) and Kundli Manesar
Palwal Expressway.
The facility will have storage
capacity of 8,300 tonnes, with multiple temperature zones and fully mechanised
handling equipment. The J. M. Baxi Group built this state-of-the-art facility at
a capex of around Rs 50 crore, said a release.
Said Mr Nandan Yalgi, Director,
Boxco Logistics India Pvt. Ltd: "With this alliance, a new era begins in
cold chain operations in the ex-im logistics industry. We have great
expectations from this alliance and envisage to jointly create more such
facilities in the country in the near future."
Mr Ravi Kannan, CEO, Coldman
Logistics, commented: "With this collaboration we will be able to offer
comprehensive solutions to our customers in temperature-controlled environment
from ocean freight, Customs clearance, trucking, rail, to end consumption point.
This will improve the delivery of key product lines to the market."
Source: Exim
News Service - Mumbai, Jan. 23