CABT Logistics invests nearly Rs 5cr for festive operations

CABT Logistics has invested Rs 4.7 crore ($0.6 million) to set up 78 facilities like distribution hubs and sorting hubs pan-India for its clients.

Each hub is around 3,000 sq ft and CABT Logistics has made the investment for catering to clients like Flipkart, Amazon, Meesho, Purplle, Ferns and Petals to handle the significantly high volumes during the festive season, says an official release.

"The company has massively ramped up capacity services across India by adding around 10,000 more rider partners to an already huge network of 15,000+ active partners. This count is expected to cross 25,000 during peak season."

Currently, the company is handling around 20 lakh orders per day, and it is expected to reach 30 lakh orders per day during the on-going festivities, the release said. "The size of the e-commerce market is growing with online sales in India predicted to reach $11.8 billion during the festive season, a 28 percent increase from last year."

Shailesh Kumar, Founder, CABT Logistics says: "We are prepared to facilitate operations for our clients during this crucial time. We are currently in the expansion phase. We have already ramped up operations and our capacity to facilitate orders for our clients and meet demands. From investing in facilities to expanding our fleet and team, we are helping our clients ace the festive season."