In a bid to provide warehousing and handling, co-packing, distribution, e-commerce and omnichannel services to FMCG, pharma and automotive clients, leading French 3PL logistic player, FM Logistic India, on Tuesday inaugurated its first multi-client facility in Farrukhnagar, Haryana.
The facility's construction has been supervised by NG Concept, its sister company involved in real estate.
Speaking to Mobility Outlook, Amine Soufiani, MD, FM Logistic India, said, as part of the $ 150 million investment spread across five years, the new facility has been built with an investment of € 30 million and is spread across 3.9 sq ft. However, it plans to expand the facility to around eight lakh sq ft in the second phase.
At present, it employs around 200 people and going forward, it plans to hire about 2,000 people, which will enable the facility to work three shifts with the expansion.
With strategic access to Kudali-Manesar-Palwal Expressway, the facility will cater to the northern part of the country for the clients.
Furthermore, the factory boasts a storage capacity of up to one lakh pallets, multiple docking stations, two and three-wheeler parking spaces, and MHE charging points (lead-acid batteries for the forklifts), among others.
Talking of the five-year investment plan announced in 2019, the company has invested a total of € 60 million, including the current facility and the Bhiwandi unit that was handed over by Welspun logistic to the company and the Bangalore facility.
Going forward, the company plans to add another facility in Bangalore along with Hyderabad, Chennai, Kolkata and Pune. The company is also planning to start with the second phase of the Farrukhnagar facility within FY23, which will be completed in the next 15 months.
Soufiani confirmed that the whole expansion plan for FY23 will require an investment of €25 million, while the remaining €75 million will be invested in the next four to five years.
Helping Automakers To Reduce Carbon footprint
Soufiani added that the company provides a 4PL approach with a control tower facility to the auto manufacturers. Under this, the company is taking a milk-run approach both to source the components and deliver them. Through this, the company claims to reduce the automakers' carbon footprint as instead of using multiple trucks for logistics, the entire process is done using a single truck.
This further reduces the traffic congestion as well, the MD added. Furthermore, the company has also incorporated 30 e3Ws that it used for the last mile logistics, especially for automobile logistics, further helping them reduce their carbon footprint.