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It will be setting up its own warehouses in the major consumption areas of the country like Mumbai, Bengaluru, Hyderabad, Chennai, Delhi. etc. All these upcoming facilities will be developed by NG Concept - FM Logistic%u2019s real estate sister concern.

Omnichannel, urban logistics drive new business in India: FM Logistic

1 Jun 2021 11:33 AM GMT

June 1, 2021: FM Logistic today published its financial results for the fiscal year ended March 31, 2021 with revenues amounted to €1,380 million,...

Established in 1996, Varuna Group was founded by two brothers Vikas Juneja and Vivek Juneja in Bareilly.

Varuna Group celebrates 25 years of logistics operation in India

22 April 2021 10:10 AM GMT

April 22, 2021: The Indian logistics and warehousing company, Varuna Group, has completed 25 years of operations in the Indian supply chain industry.

SafeStorage also plans on entering Kolkata market in the coming months. By end of 2021, they aim to be present across nine cities in India.

SafeStorage to enter Mumbai with newly opened 40,000 sq ft facility

9 April 2021 11:58 AM GMT

April 9, 2021: SafeStorage, the Indian storage solution provider, announced that it is now entering Mumbai with the newly opened 40,000 sq ft facility...

This deal is part of FM Logistic India's plan to invest $150 million in warehousing activities in India announced in 2019. (Photo: FM Logistic)

FM Logistic acquires 30-acre land near Mumbai from Lodha for ₹106 cr

9 April 2021 5:11 AM GMT

April 9, 2021: FM Logistic India's realty arm Batilogistic and Lodha group have signed a ₹106-crore deal to develop 30 acres land parcel at Palava...

These warehouses with remaining land tenures of 88 years and 86 years have a total gross floor area of over 89,000 square metres and occupancy rates of 100 per cent and 88 per cent.

Mapletree to acquire two warehouses in Maharashtra for ₹4.55 billion

19 March 2021 11:31 AM GMT

March 19, 2021: The Singapore-based Mapletree Logistics Trust intends to acquire two yield-accretive warehouses in Maharashtra, India for ₹ 4.55...

India%u2019s first dedicated Express Cargo Terminal developed by Bangalore International Airport, operator of Kempegowda International Airport, Bengaluru

E-commerce leapfrogs amid crisis

18 March 2021 7:45 AM GMT

Pandemic has caused an exceptional boom in online retail. Digitalisation has provided opportunities for several companies to sell products across the...