Allcargo Group’s Malur Logistics Park to Accelerate Economic Growth With New Employment Opportunities in Karnataka
October 03 , 2022
Mumbai 03, October 2022: Allcargo Group, an end-to-end logistics solutions provider, has announced a significant milestone for its Malur Logistics Park in Karnataka. The state-of-the-art logistics and warehousing park is now fully occupied, further accelerating economic growth and infrastructure development in Karnataka. The park has seen solid demand from ecommerce and quick commerce players, all of whom want a bite of the prosperity that Karnataka is aiming to create. With this park, Allcargo will further complement Karnataka to become a logistics hub that seamlessly connects India to the southern states of Andhra Pradesh and Tamil Nadu, making the state a desired destination for big businesses. The park is creating employment opportunities directly on-site, by creating over 5500 jobs.
Karnataka recently topped NITI Aayog’s India Innovation Index 2022 that ranked states on various parameters like human capital, business environment and investment and it is aggressively pushing the agenda of improving ease of doing business. Both global and domestic businesses have been vying to secure opportunities in the state that has been exponentially growing. As a result, Malur Logistics Park – a 100 acre development spread over two million square feet, is a state-of-the-art warehousing facility that will complement the state’s growth targets. It is deployed for managing supply chain requirements of one of leading sports retailer and leading ecommerce players. Decathlon, a leading sports retailer has taken up 900,000 square feet of space as well as leading ecommerce players like Flipkart has taken over 500,000 square feet while Amazon’s has taken up 300,000 square feet. It is also an IGBC Platinum certified building --- the first warehouse in Karnataka to be certified for its sustainable practice of water conservation and use of solar power.
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