Is next in your to-do list? Which cities you are planning to tap after Bengaluru?
Expansion is our regular process. Every year, we have two or three projects lined up somewhere in the country. As I said, location of a warehouse is primarily customer-driven. For instance, Honda is coming up with a plant in Vithalapur, Gujarat and foreseeing this demand we have acquired land at Sanand. Practically, this warehouse would be through in August. Though Sanand is around 60 km from Vithalapur, so until we finalise a location in Vithalapur, we will use this facility for Honda. And, meanwhile we will finalise the location in Vithalapur by the end of August.
It is the customer who pushes the demand for warehouses or facility to cater their services. We have been key automotive logistics players for years now. It is only since the last nine years that we diversified into different verticals. interstate permits will get eradicated or not. The good part is that finally it has been initiated. Once the government implements this, it will see the loopholes and bottlenecks of the current model. the automotive sector was flat. We are planning for 36 per cent of growth next year because we are expecting automotives to come back on track in the next six months and then we can push for a percentage hike.