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Om Logistics Acquires ICD Bawal for INR 110 Crore

Om Logistics' INR 110 Cr acquisition of ICD Bawal boosts efficiency, expands reach, and reinforces its logistics leadership in India.

BY TEAM IMPACT
30th August 2024
Om Logistics Acquires ICD Bawal for INR 110 Crore

Om Logistics, a trailblazer in supply chain and logistics management in India, has announced a landmark acquisition of Inland Container Depot (ICD) Bawal in Haryana for INR 110 crore. This significant investment underscores Om Logistics' commitment to enhancing its operational capabilities and solidifying its leadership position in the industry.

Strategically positioned along the Delhi-Mumbai Industrial Corridor (DMIC) within the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) industrial estate, ICD Bawal spans 20 acres and serves as a state-of-the-art multimodal logistics hub. The facility is equipped with two automated rail lines, a 30,000 sq. ft. custom bonded warehouse, and a capacity to manage 5,000 containers of EXIM cargo each month.

ICD Bawal’s exceptional connectivity is a standout feature, linking directly to major ports such as Mundra, Pipavav, and JNPT, which ensures smooth and efficient cargo movement. The depot’s proximity to Indira Gandhi International Airport (DEL) and other airports facilitates streamlined air cargo handling. Additionally, its strategic location near NH48 and NH71 provides easy road access to northern and western India. ICD Bawal also benefits from direct connectivity to the Western Dedicated Freight Corridor (WDFC) and Indian Railways, enhancing its rail cargo capabilities.

This acquisition enables Om Logistics to expand its PAN India operations, reduce average transit times and optimize supply chain management. "This milestone demonstrates our commitment to revolutionizing supply chain management and setting new benchmarks in the logistics industry," said Raghav Singhal, Executive Director of Om Logistics.

ICD Bawal features cutting-edge technology, including automated container movement systems, real-time GPS tracking, and app-based monitoring. The depot also provides customized warehousing solutions with value-added services, ensuring operational excellence and precision.

With its strategic location and multimodal connectivity, ICD Bawal is set to become a pivotal hub for industrial and economic growth in the region. This acquisition further cements Om Logistics' position as a leader in the logistics sector, paving the way for future advancements and innovations in supply chain management.

  • TAGS :
  • INDUSTRY TRACKER
  • NEWS
  • industry news
  • OM Logistics
  • ICD Bawal
  • Raghav Singhal

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