Om Logistics acquires ICD Bawal for Rs 1.10 billion
PORTS & SHIPPING

Om Logistics acquires ICD Bawal for Rs 1.10 billion

Om Logistics, a leading name in India's supply chain and logistics sector, has announced a significant acquisition of the Inland Container Depot (ICD) Bawal in Haryana for Rs 1.10 billion. This strategic investment marks a major milestone in the company’s growth, reinforcing its leadership position in the industry.

ICD Bawal is strategically located on the Delhi-Mumbai Industrial Corridor (DMIC) within the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) industrial estate. Spanning 20 acres, this multimodal logistics hub features two automated rail lines, a 30,000 sq. ft. custom bonded warehouse, and the capacity to handle 5,000 containers of EXIM cargo per month.

The depot offers exceptional connectivity to major ports like Mundra, Pipavav, and JNPT, ensuring smooth cargo movement. Its proximity to Indira Gandhi International Airport (DEL) and other regional airports facilitates efficient air cargo handling. Additionally, ICD Bawal’s location near NH48 and NH71 provides easy road access to northern and western India, and its direct link to the Western Dedicated Freight Corridor (WDFC) and Indian Railways supports swift rail cargo operations.

This acquisition will enable Om Logistics to enhance its nationwide operations, reduce transit times, and optimise supply chain management. "This milestone reflects our commitment to revolutionising supply chain management and setting new standards in the logistics industry," said Raghav Singhal, Executive Director of Om Logistics.

ICD Bawal is equipped with advanced technology, including automated container movement systems, real-time GPS tracking, and app-based monitoring. The depot also offers customised warehousing solutions with value-added services, ensuring operational excellence and precision.

With its strategic location and comprehensive multimodal connectivity, ICD Bawal is set to become a key hub for industrial and economic growth in the region, further establishing Om Logistics as a leader in the logistics industry.
(ET)         

Om Logistics, a leading name in India's supply chain and logistics sector, has announced a significant acquisition of the Inland Container Depot (ICD) Bawal in Haryana for Rs 1.10 billion. This strategic investment marks a major milestone in the company’s growth, reinforcing its leadership position in the industry.ICD Bawal is strategically located on the Delhi-Mumbai Industrial Corridor (DMIC) within the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) industrial estate. Spanning 20 acres, this multimodal logistics hub features two automated rail lines, a 30,000 sq. ft. custom bonded warehouse, and the capacity to handle 5,000 containers of EXIM cargo per month.The depot offers exceptional connectivity to major ports like Mundra, Pipavav, and JNPT, ensuring smooth cargo movement. Its proximity to Indira Gandhi International Airport (DEL) and other regional airports facilitates efficient air cargo handling. Additionally, ICD Bawal’s location near NH48 and NH71 provides easy road access to northern and western India, and its direct link to the Western Dedicated Freight Corridor (WDFC) and Indian Railways supports swift rail cargo operations.This acquisition will enable Om Logistics to enhance its nationwide operations, reduce transit times, and optimise supply chain management. This milestone reflects our commitment to revolutionising supply chain management and setting new standards in the logistics industry, said Raghav Singhal, Executive Director of Om Logistics.ICD Bawal is equipped with advanced technology, including automated container movement systems, real-time GPS tracking, and app-based monitoring. The depot also offers customised warehousing solutions with value-added services, ensuring operational excellence and precision.With its strategic location and comprehensive multimodal connectivity, ICD Bawal is set to become a key hub for industrial and economic growth in the region, further establishing Om Logistics as a leader in the logistics industry.(ET)         

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000