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Allcargo Logistics Starts Operations in Malur Logistics Park in Karnataka

CIO Insider Team | Tuesday, 4 October, 2022
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According to reports, the publicly listed logistics solution provider Allcargo Logistics counts e-commerce majors like Amazon and Walmart-owned Flipkart and sports retailers like Decathlon as its tenants, started operations of its Malur Logistics Park in Karnataka.

Reports suggest that, spread over two million square feet and set up with an investment of Rs. 700 crore, the Park was inaugurated by Malur MLA KY Nanjegowda and Shashi Kiran Shetty, Chairman of Allcargo Logistics, along with Venkat Raja, the DC of Kolar district.

Shetty says, “It hopes to take full advantage of being close enough to ports in three states: Mangalore, Kochi and Chennai. On the National Logistics Policy's plan to create a Unified Logistics Interface Platform (ULIP) to integrate seven ministries—Ministry of Ports, Shipping and Waterways; Ministry of Civil Aviation; Ministry of Road Transport and Highways; Ministry of Commerce and Industry; Ministry of Railways; Ministry of Finance; and Ministry of Electronics and Information Technology—on one platform. The timing could not have been better as the company's experience in getting approvals for land conversion was quite complicated.”

This logistics and warehousing park is now fully occupied. With this park, Allcargo will help Karnataka become a logistics hub that seamlessly connects to the southern states of Andhra Pradesh and Tamil Nadu, making the state a desired destination for big businesses. The park is creating employment opportunities directly on-site, by creating over 5,500 jobs.

We dream of future where coffee from Chikkamagaluru will seamlessly make its way via National Highway 73 to Mangalore port for possible consumption at a café in Paris

While Decathlon has taken up 900,000 square feet of space, Flipkart has rented over 500,000 square feet while Amazon is a tenant for 300,000 square feet.

Shetty says, “We dream of future where coffee from Chikkamagaluru will seamlessly make its way via National Highway 73 to Mangalore port for possible consumption at a café in Paris.”

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