Chennai, June 23 (IANS) City-based Shri Kailash Logistics (SKL) Wednesday launched Logicity, a logistics park, at Oragadam near here, partnering with Singapore’s BPS Global.
‘Oragadam is emerging hub for supply chain and logistics services. Logicity will have one million square feet of modern warehousing, container freight station, built-to-suit units and value added services such as third and fourth party logistics,’ Vice Chairman S. Rajkumar told reporters here.
The first phase of the park will involve development of 30 acres at an outlay of Rs.120 crore. The second phase will see the park expand over 100 acres.
The company hopes to attract the automotive, fast moving consumer goods (FMCG), retail and other industrial sector as its clientele.
SKL is part of the Rs.300-crore Sree Kailas group having interests in paper mill, construction, waste management, transportation and warehousing.