Asian consumer logistics experts LF Logistics, a subsidiary of a shipping, energy, and logistics conglomerate Maersk, has taken up warehousing space in the National Capital Region (NCR) sprawling 5 lakh square feet (sq ft).
Located in Horizon Industrial Parks in Farukh Nagar, the company will use this facility to fulfil commitments from northern India.
“LF Logistics has extensive Asia experience in delivering end-to-end logistics solutions. We are keen to bring this experience to India and transform the logistics landscape with quicker turnaround times. We are pleased to join hands with Horizon Industrial Parks in Farukh Nagar, to cater to the growing needs of our customers in North India," said Prem Ramachandran, Head of India, LF Logistics.
Rahul Pandit, CEO-Horizon Industrial Parks, added that a company of such a scale and an appetite to grow fast in India required a partner who would collaborate and be agile for proactive execution and timely delivery.
With the addition of the new facility, LF Logistics will have 223 distribution centres in Asia and a pan-India footprint.
Currently, the company has 30 million sq ft (msf) of distribution space and over 250 blue-chip customers globally.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
