Post Date : February 29, 2020
Embassy Industrial Parks has leased 3.5 lakh sq ft of warehousing space to German Firm Rhenus Logistics, a global integrated logistics solutions provider, in its Farukhnagar facility in Haryana that is being developed at a cost of Rs 500 crore, according to a statement released by them on Friday .
Embassy Industrial Parks has its presence at all key locations of India such as 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.
Rhenus Logistics has a 108 years old heritage with a 5.1 billion Euros global turnover. The company has 31,000 employees across 660 sites. It provides integrated logistics solutions. It is operating out of 69 offices and warehouses across the country with an employee strength of over 1,600.
“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.”~Aditya Virwani, Spokesperson,Embassy Industrial Parks and COO, Embassy Group.
“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. With this addition, Rhenus India has 20 lakhs sq. ft. of warehousing space across all key locations in India,”~Marcus Fornell, Director (Contract Logistics), Rhenus Logistics.
The Farukkhnagar facility is located in the Manesar Industrial area. It is spread across an area of 108 acres.
In 2015, Bengaluru-based Embassy Group and Warburg Pincus entered into a joint venture to form Embassy Industrial Parks.