Allcargo Group, an end-to-end logistics solutions provider, has announced a significant milestone for its Malur Logistics Park in Karnataka. The state-of-the-art logistics and warehousing park is now fully occupied, further accelerating economic growth and infrastructure development in Karnataka. With this park, Allcargo will further complement Karnataka to become a logistics hub that seamlessly connects India to the southern states of Andhra Pradesh and Tamil Nadu. The park is creating employment opportunities directly on-site, by creating over 5500 jobs.
“Allcargo Group has been working tirelessly towards smoothening last mile logistics connectivity for big businesses. We, at Allcargo Group are envisioning an India, where a complete transformation of our supply chain is reality with hyper connectivity of our roadways and railways along with superior air connectivity. Our Malur logistics park is the preferred warehouse for e-commerce giants today and we are partnering with them to scale up their supply chain efforts.”Mr. Shashi Kiran Shetty, Founder and Chairman of Allcargo Group
Karnataka recently topped NITI Aayog’s India Innovation Index 2022 that ranked states on various parameters like human capital, business environment and investment and it is aggressively pushing the agenda of improving ease of doing business. Both global and domestic businesses have been vying to secure opportunities in the state that has been exponentially growing.
While Decathlon has taken up 900,000 sq.ft. space, leading e-commerce players like Flipkart and Amazon have taken over 500,000 sq.ft. and 300,000 sq.ft., respectively. It is an IGBC Platinum certified building – the first warehouse in Karnataka to be certified for its sustainable practice of water conservation and use of solar power.
The park will be a key enabler and ensure that businesses can leverage the strategic location with built-to-suit warehouses that meet customer requirements in major cities through connectivity across major railways stations and airport. The park will bring forward much required efficiencies and productivity in logistics including digitisation, augmented warehousing capacity and robust physical infrastructure.
To support the ease of business in state, the government will need to focus on huge investments in the infrastructure sector along with emphasis on public-private partnerships to further the economic activity and create employment opportunities, aligning themselves with the National Logistics Policy as well as PM Gati Shakti Plan.