Allcargo to Set Up a Logistics Park in Jhajjar, Haryana

Allcargo Logistics Ltd, India’s leading integrated logistics provider, listed on BSE & NSE and part of the global conglomerate Avvashya Group, has in-principle approved setting up of Logistics Park in the Jhajjar district of Haryana. The facility is expected to be operational by 2018, subject to necessary regulatory approvals and rail connectivity. The move is in line with company’s business expansion plan. 

The Jhajjar project is one of its kind integrated logistics infrastructure set up which will comprise of rail linked private freight terminal catering to railway cargo movement, free trade warehousing zone, domestic tariff area and other related activities. It will also have the facility to handle both in-bound and out-bound contract logistics services.

With a view to enhance the future growth of Indian business sentiment, the company chose to set up a logistics park in Haryana as it is a preferred industrial and manufacturing destination. The company plans to offer end to end logistics solutions to its customers in the northern belt through its facility in Jhajjar district.

The company has identified approximately 200 acres of freehold agricultural land for developing the said project, which is in close proximity to Dedicated Freight Corridor (DFC).

Commenting on the occasion Mr. Adarsh Hegde, Executive Director of Allcargo Logistics Ltd said: “As a part of our business expansion plan and growth strategy, the setting up of a logistics park in Haryana will help us to target the growing container traffic in the northern parts of the country, which would be boosted by DFC connectivity. The Jhajjar project will highlight our expertise to handle break bulk cargo along with containerized cargo and operations related to contract logistics. The facility will also provide domestic tariff area (DTA) warehousing facility for consolidation of cargo as well as distribution solutions. This activity will complement our CFS business."

About Allcargo Logistics Ltd

Allcargo Logistics Ltd., part of The Avvashya Group, is the leading integrated logistics solutions provider in India. The company offers specialized logistics services across Multimodal Transport Operations, Container Freight Station Operations, Coastal Shipping services with 5 owned and operated ships and Project & Engineering Solutions. Benchmarked quality standards, standardized processes and operation excellence across all the services and facilities, have enabled Allcargo Logistics Ltd. to emerge as the market leader in all these segments. Allcargo is today one of India's largest publicly owned logistics companies, listed on the Bombay Stock Exchange (BSE: ALLCARGO) and The National Stock Exchange of India (NSE: ALLCARGO).