FM Logistic opens its 5th multi-customer facility (and first owned) in India, the multi-customer facility, inaugurated on 26 April 2022, will offer 70,000 sq m of warehouse space. Located in Farrukhnagar, a strategic location near the Kundli-Manesar-Palwal (Delhi) highway, it will allow faster access to major consumer centres in the North.
The facility will provide warehousing, handling, co-packing and distribution services to meet the needs of e-commerce and omnichannel customers. The construction of the warehouse was managed by NG Concept, FM Logistic real estate sister company, to provide cost-effective and quality storage, handling and distribution services. It is also the first facility of its kind in India to combine FM Global and LEED Silver certifications for its high level of performance in terms of building safety and environment.
The warehouse is part of FM Logistic €150m five-year investment plan announced in March 2019.
This inauguration comes as FM Logistic has just announced the opening of a new 20,000 sq m multi-client urban distribution centre in Di An, Binh Duong in Vietnam. One of the first customers is an international FMCG company which awarded FM Logistic a major contract in February to manage its omnichannel logistics and last-mile delivery for nearly 10,000 traditional grocery shops in Ho Chi Minh City. The new facility will integrate warehousing, picking and distribution under one roof and will focus on omnichannel distribution in Ho Chi Minh City. The Di An urban distribution centre echoes FM Logistic 50,000 sq m Grade A urban distribution centre at VSIP Bac Ninh, which already handles urban distribution in Hanoi.
FM Logistic states B2C and B2B e-commerce, which consists of digitizing the distribution of consumer products through a dedicated marketplace application, is booming, particularly in South Asia and South East Asia. It represents a real challenge for Asian cities, which are facing tight time slots for urban deliveries, congested traffic and increasing air pollution. Brands, manufacturers, and retailers need to find innovative solutions to deliver their products to consumers in a more efficient and sustainable way. FM Logistic believes it is supporting them to meet this challenge by helping them develop omnichannel urban solutions.
Through its “Powering 2030” strategy, FM Logistic states it is committed to responding to the major changes in the retail and FMCG sectors, as well as in supply chain management and the boom of e-commerce. Currently, more than 60% of FM Logistic new contracts worldwide are for omnichannel logistics services. The company is investing heavily in automation across its markets to support its e-commerce operations.
Source: FM Logistic