Panalpina World Transport, one of the world’s leading forwarding and logistics services providers, announced the launch of its first state-of-the-art logistics centre in Whitefield, Bangalore, in partnership with Logiwiz Logistics (I) Pvt. Ltd. Panalpina intends to open four more such facilities in Delhi, Kolkata, Chennai and Mumbai in the next 2 years. It plans to invest $3 to $5 million in India.
The setting up of the Logistics Centre is a first step towards the aggressive growth plan Panalpina has chalked for its operations in India. The logistics centre is spread over an area of 40,000 square feet in Whitefield, Bangalore, and houses cutting-edge technology that will bring services such as material handling equipments (MHE); Selective pallet racking system; docking bays equipped to handle 20’ as well as 40’ trailers; and a comprehensive insurance coverage for its customers.
Explaining why they decided to expand in India, Mr Robert Timmerman, regional CEO AIMEC, Panalpina World Transport, said it is their long-term commitment to India to bring in world-class best practices, technology, processes and significant investment in order to facilitate development of critical infrastructure in supporting the acceleration of India’s international trade. Panalpina has served the logistics needs of clients in India since 1986.
The 40,000 sq. ft facility is expected to specially benefit Bangalore’s time-sensitive, sizeable IT, auto, pharma, fashion and retail and garment/textile industry and will enable them to better organise their supply chain due to improved inventory planning and predictability. With India poised to become a outsourcing hub for textile, local companies are expected to play a significant part.
The setting up of the Logistics Centre is a first step towards the aggressive growth plan Panalpina has chalked for its operations in India. The logistics centre is spread over an area of 40,000 square feet in Whitefield, Bangalore, and houses cutting-edge technology that will bring services such as material handling equipments (MHE); Selective pallet racking system; docking bays equipped to handle 20’ as well as 40’ trailers; and a comprehensive insurance coverage for its customers.
Explaining why they decided to expand in India, Mr Robert Timmerman, regional CEO AIMEC, Panalpina World Transport, said it is their long-term commitment to India to bring in world-class best practices, technology, processes and significant investment in order to facilitate development of critical infrastructure in supporting the acceleration of India’s international trade. Panalpina has served the logistics needs of clients in India since 1986.
The 40,000 sq. ft facility is expected to specially benefit Bangalore’s time-sensitive, sizeable IT, auto, pharma, fashion and retail and garment/textile industry and will enable them to better organise their supply chain due to improved inventory planning and predictability. With India poised to become a outsourcing hub for textile, local companies are expected to play a significant part.