Panalpina Launches Logistics Centre In Bangalore
analpina World Transport, a leading global forwarding and logistics service provider has partnered with Sri Lanka based third-party logistics enterprise, Logiwiz Logistics (I) Pvt. Ltd, to launch its first state-of-the-art logistics centre in Whitefield, Bangalore.
The company sees this move as the beginning of expanding operations in India, and intends to invest $3-5 million to set up network offices and four more similar facilities in Delhi, Kolkata, Chennai and Mumbai in the next two years.
Spread over 40,000 square feet, the centre will house 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.
“This significant investment is a continuing reiteration of our 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,” remarked Robert Timmerman, Regional CEO AIMEC, Panalpina.
By offering supply chain expertise, quality and capabilities to Indian businesses, the IT, auto, pharma, fashion, retail and garment/textile industries are expected to benefit from the facility by helping them better organize their supply chain through improved inventory planning and predictability.
“Strengthening the logistics links between India and global markets holds the key to successful trading and business links between India and other countries doing business in India. The aggressive expansion of our logistics infrastructure allows our customers greater and quicker access to India than ever before,” said Abeyakumar Mohan Pandithage, Senior Director, Hayleys group of companies, of which Logiwiz is a part.
Panalpina offers freight forwarding, order and inventory management, shipment preparation, cross-dock operations, critical parts distribution, service parts logistics, international trade management, customs brokerage and domestic transportation services, and has addressed logistics needs of Indian customers since 1986.