Shore to Shore Logistics to pump Rs 100 crore on the setup of logistics park

AmritsarAmritsar-headquartered Shore to Shore Logistics India Ltd is planning to set up a Rs 100-crore warehouse-cum-logistics park and an inland container depot (ICD) in region, followed by Gujarat and other parts of the country.

According to company officials, the park will cater to domestic as well as international movement. Further, it would also provide supporting activities like loading, unloading, customs clearance, packing, and cold storage.

It should be noted that recently, the company has acquired about 100 acres of land in Amritsar for the proposed project, which once approved will take a year's time to complete.

The logistics firm currently provides end-to-end transportation and handling solution to over 100,000 tonnes of material and handles about 1,500 containers per month.

The company, which posted a turnover of Rs 100 crore last financial year, is eyeing to achieve turnover worth Rs 200 crore by this year.