Friday, October 18, 2024
HomeNewsTop NewsOm Logistics acquires ICD Bawal for Rs 110 crore

Om Logistics acquires ICD Bawal for Rs 110 crore

Om Logistics has acquired the Inland Container Depot (ICD) Bawal, a multimodal logistic hub, built on over 20 acres of land in Haryana, for Rs 110 crore.

“This acquisition enables Om Logistics to expand its PAN India operations, reduce average transit times and optimize supply chain management,” said Raghav Singhal, executive director of the company.

The facility features two automated rail lines, 30,000 sq ft custom bonded warehouse space and a capacity to handle 5,000 containers of EXIM cargo per month.

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