CCI Group to invest Rs 640 crore more in Chennai logistics park

CCI Group, India’s leading 4PL integrated logistics and supply chain company, has announced an additional investment of approximately Rs 640 crore in the development of a Grade-A logistics park spanning 20 lakh square feet in Phase 2, Polivakkam, Chennai.

This follows the company's earlier investment of Rs 250 crore in Phase 1, reinforcing its commitment to expanding world-class logistics infrastructure in the region, says an official release.

"This expansion is structured into two segments, Phase 2A, a standard requirement facility set to be operational by mid-2025, and Phase 2B, a dedicated built-to-suit (BTS) solution tailored to industry-specific needs."

Naresh Sharma, Managing Director, CCI Group says: "Polivakkam is a key hub in CCI’s long-term expansion plans. The region is steadily becoming a logistics hotspot due to its proximity to the Sriperumbudur-Oragadam industrial cluster. By establishing this new facility, CCI Group wants to attract industries reliant on high-quality storage facilities and also strengthen the economy in the region. This expansion not only enhances our logistical capabilities but also underscores our unwavering commitment to provide scalable and flexible solutions to clients that align with global standards."

CCI Group is currently serving over 1,000 clients across diverse industries such as e-commerce, retail, chemical, FMCG, healthcare & pharma and automotive, the release added.