Sunday, 14 October 2012

Apeejay Infralolgistics (AILPL) set to come up with its second logistics park

AILPL is a joint venture of Apeejay Surrendra Group and the UK based PE fund Eredene Capital; it is all set to have its second logistics park in the east-Kalinganagar Logistics Park. The two logistics parks will prove one-stop facility to all the customers of dry exim (export and import) cargo and they will also attend to the entire supply-chain logistics. Both PE fund and Apeejay Group have plans to develop nine infrastructure and logistics projects across the country. To meet the investment in the Indian infrastructure sector, PE fund plans to get USD 200 – USD 300 million from overseas market. Mr. Karan Paul, Chairman of Apeejay Surrendra Group, said that the first phase of Haldia Logistic Centre, thrown open on Tuesday, would have a container freight station that could handle 4000 containers and it would also include 60,000 square feet for exim warehouse. The 30 acre Kalinganagar Park will have 120,000 square feet of domestic and contract warehousing in addition to 175,000 square feet of open storage and project cargo. The Kalinganagar complex will be able to handle about 2500 containers for export and import; and, besides the space for hospitality, commerce and retail, it will also have a covered warehouse of 250,000 square feet.  Mr. Paul said that the two logistics parks would offer multi-functional facilities to the companies such as storage, distribution, and all ancillary support services. Both are world-class facilities, complying to the best industry standards, serving to third party logistics needs with an outstanding service.




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