Geodis earlier this month announced the planned launch of a multi-user logistics facility in Luhari, Haryana, slated to open in March next year.
The 26,654-sqm warehouse, located in Luhari, Haryana, 60 kilometres north of Delhi, will be on lease from logistics property group LOGOS for a 10-year period.
The hub will feature a state-of-the-art storage system, equipped with both selective and very narrow aisle (VNA) pallet racks to ramp up order processing procedures for both retailers and e-commerce customers.
The Luhari logistics estate where the warehouse is located will be part of a major warehousing hub and industrial centre. Payload Asia wanted to learn why the forwarder chose this site and got a chance to talk with Mr Harpreet Singh, subregional managing director for South Asia (interim), to know more.
How do you decide on a prime location? What are the main considerations in setting up a warehouse, and how much will this investment cost?
Our prime locations are typically found in close proximity to our primary customer market and suppliers, as well as production sites. These locations also ideally afford easy access to roads, which ensure faster and more efficient delivery options. GEODIS’ facility in Luhari, for instance, is strategically located near major roads, industrial clusters, central business districts, the International Airport, and National Highway 48. In addition to our Luhari facility, GEODIS also has warehouses located in close proximity to the international airport in Delhi. This includes our multi-use facility at Bamnoli, which features an extensive warehouse space of 2,267 sqm.
In terms of main considerations for GEODIS in setting up a warehouse, aside from road connectivity, we also take into account key factors like infrastructure readiness, connectivity to amenities and services, and access to resources like workforce availability. Separately, we also look at business aspects like development and maintenance cost as well as the degree of investment needed to ensure these spaces have best-in-class facilities. These are all key considerations for GEODIS in gaining competitive advantage amidst the eCommerce boom.
How many retailers are you looking to house and what other industries are you expecting to service?
GEODIS is looking to cater to customers from both fashion and FMCG industries as well as e-commerce retailers, who need the space and technology to accommodate the growing demand for consumer goods within the Northern India and National Capital regions, which continue to house some of the largest and fastest growing retail markets in India.
Are there any other similar facility within the 60 km radius?
Yes, the multi-user facility at Luhari will be part of a major warehousing hub and industrial centre, with developers identifying huge growth opportunities in the retail supply chain within Delhi as well as the National Capital and Northern India region. As such, both domestic and international companies have invested in the facility and are working to develop the space within the next couple of years.
