~ New facility will help in augmenting the economic growth in Telangana region ~
Hyderabad, 4thAugust, 2017: Safexpress, India’s largest supply chain & logistics company, launched its ultra-modern Logistics Park in Hyderabad today. Spanning over an area of 4,00,000 sq ft, this world-class facility is strategically located close to National Highway 44. This Logistics Park will help in augmenting economic growth in Telangana region. This enormous Logistics Park is one of India’s largest supply chain & logistics facilities.
Speaking at the launch ceremony, Mr Rubal Jain, Managing Director, Safexpress said, “Hyderabad is one of the largest and most rapidly growing cities of Telangana, and is home to more than 1300 IT and ITES firms. Over the years, Hyderabad has evolved itself from a traditional manufacturing city to a cosmopolitan business hub. Hyderabad is also a very crucial location from the point of view of logistics connectivity of Southern India with the rest of the country. The World Bank Group has ranked Hyderabad as the second best Indian city for doing business. The city and its suburbs contain the highest number of special economic zones amongst all Indian cities. With the development of Hyderabad Logistics Park, we will be able to further boost our leadership position in the supply chain & logistics industry.”
Mr Rubal Jain added, “The economy of Hyderabad is based on traditional manufacturing, the knowledge sector, and tourism. Hyderabad is among the global centers of information technology for which it is known as Cyberabad or HITEC City. Hyderabad also accounts for approximately 20 percent of India's total pharma exports. Hyderabad has been a global trade center in multiple business domains. However, despite the presence of many medium and large scale industries, Hyderabad does not have adequate warehousing and logistics infrastructure. Safexpress Logistics Park will help in bridging these infrastructure gaps. It will also enable us to provide clients with cutting edge transhipment as well as 3PL services.”
Mr Jain explained, “We have made a significant investment to set up this ultra-modern logistics infrastructure in Hyderabad. This will help the industries in Hyderabad belt in having access to our world-class supply chain & logistics services, which would contribute heavily in the economic growth of the entire region. The Logistics Park is strategically located and will serve as the nodal point for supply chain & logistics across Telangana.”
At the Press Conference Mr Rubal Jain said, Safexpress brought world-class logistic practices to India and with the launch of its 32nd logistic park near Medchal at Hyderabad, we are culminating a five year journey of vision in preparing for the GST regime. This new ultra modern logistic park built with energy efficient building material is spread over 4 lakh sft., It has infrastructure to simultaneously load and unload 80 trucks at a time in all weather conditions. There are 50 departures from this hub to various parts of country every day. This is the first ultra-modern and largest logistic park in South India. We have invested Rs 30 crores in this facility and Rs 1000 crores in the 32 parks we developed. Earlier we had three different warehouses in Hyderabad, resulting in loss of efficiency, we are hoping to consolidate now. Hyderabad has lots of Pharma and seed companies which need specialised handling of their goods and we offer them that kind of service. We will be taking up phase two expansion of this facility over another eight acres of land in a couple of years, our total land parcel at the location is sixteen acres. Hyderabad area generates 5% of our revenue. Speaking about impact of GST on cost of logistics, he said, the cost will go up by 10% to 15% as diesel is not under GST also compliance cost has gone up, however this is likely to be offset by the reduction in the warehousing, inventory holding cost. He said, 15% to 20% of our revenue comes from C2C business and its growing. We had a turnover of 1600 crores last year, expecting a double digit growth this year. Our upcoming parks will be at six locations of Mumbai, Bangalore, Jaipur, Siluguri, Aurangabad and Ludhiana to meet our needs for the future. We would need Rs 300 crores for the new parks, which we will manage through internal accruals. We are not looking at inorganic growth in the immediate future.
Highlighting the USP of the Logistics Park at Hyderabad, Mr Rubal Jain said, “This facility is a perfect mix of environment-friendly initiatives and technology. We have invested in rainwater harvesting, developed a special green zone and robust IT systems to support operational efficiencies and inventory visibility. Located strategically close to National Highway 44, the Logistics Park will fulfill the warehousing needs of companies located in and around Telangana.”
Mr Jain concluded by saying, “In the GST era, most companies are adopting newer business and supply chain models. We at Safexpress, offer our clients with path-breaking innovations alongside customized services. Safexpress is leading the GST revolution and is helping numerous companies in scaling up their business faster than ever. Most companies are now resorting to outsourcing their supply chain & logistics needs to a GST compliant 3PL service provider like Safexpress, while keeping their own warehousing and hub infrastructure to minimal levels. Keeping these factors in mind, we have hugely augmented our 3PL network by creating 32 ultra-modern Logistics Parks spread over 13 million square feet. Hyderabad Logistics Park will be operational 24x7, 365 days in a year to provide time-definite deliveries. Due to our non-stop operations, we will be providing the fastest transit-time for deliveries from Hyderabad to all over India.”
Safexpress began its journey in 1997 with a mission of delivering logistics excellence to its customers and ensuring their success. Today, the firm has firmly entrenched itself as the ‘Knowledge Leader’ and ‘Market Leader’ of supply chain & logistics industry in India.
Safexpress offers a wide range of innovative supply chain services including Express Distribution, 3PL and Consulting. The firm provides value-added logistics services for 8 different business verticals ranging from Apparel & Lifestyle, Healthcare, Hi-Tech, Publishing to Automotive, Engineering & Electrical Hardware, FMCG & Consumer Electronics and Institutional.
Safexpress offers cutting edge logistics solutions to its customers, enabling them to focus on their core competencies. The firm adds maximum value to businesses at every level, right from providing world-class warehousing support to ensuring time-definite deliveries of goods.
Safexpress has been significantly involved in Indian economic growth saga for close to two decades. With an intention of contributing to country’s economic growth, Safexpress has kept its operations India-centric. Safexpress provides supply chain & logistics services to over 5000 corporate clients. With its fleet of over 5000 GPS-enabled vehicles and country’s largest distribution network spanning over 620 destinations, Safexpress serves all 22,085 Pin codes of India. Safexpress covers every square-inch of India.