Global 3PL leader Rhenus Logistics leases 3.5 lakhs sq. ft. from Embassy Industrial Parks
It is well known fact that the Indian warehousing sector is flourishing with the presence of strong demand drivers in third party logistics (3PL) and ecommerce sector. This has largely prompted the development of Grade A logistics parks across the country. Easing of Government regulations has further endorsed scalability of business. Founded in 2015, Embassy Industrial Parks spearheaded the transition in a time when warehouses were only available in an unorganized sector and emerged in the market as THE pioneers of the new lean model of warehousing. Currently, Embassy Industrial Parks are present in all key locations of India – Chakan – Pune, Sriperumbudur – Chennai, Farrukhnagar and Bilaspur – Delhi NCR and Hosur and Kothur – Hyderabad. They service clients from 3PL, manufacturing, engineering, auto and ancillary, e-commerce, FMCG, retail and telecom. The company has become the face of the industrial real estate revolution in India.
Recently, Embassy Industrial Parks leased 3.5 lakhs sq. ft. of warehousing solutions to global 3PL player Rhenus Logistics at their Farukkhnagar facility. German owned; Rhenus Logistics has a 108 years old heritage with a Euro 5.1 billion global turnover. The company boasts of their worldwide network, high level of IT competence and experienced and committed employees. Rhenus Logistics has 31,000 employees across 660 sites. Rhenus India specializes in providing Integrated Logistics Solutions operating out of 69 offices and warehouses across the country with an employee strength of over 1600. The company offers solutions for a wide range of industries along the entire supply chain, including multi modal transport, warehousing, customs clearance and innovative value- added services.
Mr. Aditya Virwani, spokesperson Embassy Industrial Parks and COO, Embassy Group added, “We are ecstatic to announce that Rhenus Logistics is an esteemed addition to our third party logistics clients list associated with us in our Farrukhnagar facility. Companies like Rhenus are largely responsible for the expansion of the warehousing sector in our country. They are also giving Grade A developers like us, the required opportunity to bridge the gap and offer top notch global services that their business model requires. You know the company has a promising future when you have clients with whom you can experience mutual growth and a lasting association.”
Mr. Marcus Fornell, Director – Contract Logistics, Rhenus Logistics added, “This is a flagship facility of Rhenus India with state-of-the-art infrastructure, equipped with modern technology. This facility complies with all HSSEQ requirements including a Fire Corridor, which is a unique feature. Embassy supported us completely in this aspect and our customers have appreciated us for the same. With this addition, Rhenus India has 20 lakhs sq. ft. of warehousing space across all key locations in India. We look forward to working with Embassy for our future projects.”