GAC India has inaugurated a new 20,000 square foot Third Party Logistics (3PL) facility at Bhiwandi to meet the demands of the growing consumer markets in and around the bustling city of Mumbai.
Strategically located close to the main Mumbai-Nashik highway, the fully equipped warehouse has clear access to the entire West India region.
From the Bhiwandi facility, GAC India is providing specialized 3PL warehousing and distribution services for fast moving consumer goods (FMCG), pharmaceuticals, electronics, automobile parts, IT and related market sectors. For commodities that require special ambient conditions, temperature-controlled zones can also be provided.
India currently spends about 13-15% of its total gross domestic product (GDP) on logistics, while developed countries spend less than half that. To date, the Indian logistics industry has been highly fragmented with transportation services dominated by small trucking companies and individual truckers. Likewise, the freight forwarding service provider segment is also represented by thousands of small customs brokers and clearing & forwarding agents. In response to these problems, more clients in India are increasingly turning to Third Party Logistics (3PL), a single professional logistics service provider managing the entire logistics functions.
Gracias Thevar, GAC India’s Logistics Services Business Manager, says: “The opening of the Bhiwandi facility is in direct response to the rapid development of 3PL in India.
“The Indian 3PL market is set to grow tremendously in the next 5-7 years, spearheading the growth of the logistics market,” he adds. “GAC has positioned itself to become part of that growth of 3PL by applying expertise gained and lessons learned by the GAC Group over the decades in the 3PL sector in the Middle and Far East.”
GAC India is increasing its 3PL services organically, by starting on the west coast and then extending north, south and east to create regional logistics hubs covering the entire country.