Mahindra Logistics Announces Rs 170 Crore Investment in New Warehousing Facility in Phaltan, Maharashtra

In Maharashtra, Mahindra Logistics has made a significant announcement regarding its investment in a new warehousing facility in Phaltan, near Pune. The company is set to invest Rs 170 crore in developing a state-of-the-art logistics and warehousing infrastructure. This facility will cover 6.5 lakh square feet, with the first phase of 3.5 lakh square feet expected to be operational by the end of 2024. The warehouse will provide vital inbound logistics and manufacturing solutions for various clients in the automotive and manufacturing sectors in the region. This expansion will bolster the local business ecosystem by enhancing logistics capabilities in a strategic location close to key customers.