Balmer Lawrie to commission Vizag logistic hub
Balmer Lawrie expects to commission its multi-modal logistic hub at Vizag in partnership with Visakhapatnam Port Trust in the January-march quarter of the current fiscal. Facilities will be created for handling Exim and domestic cargo. The company’s temperature controlled warehouse at Patalganga near Taloja in Navi Mumbai was expected to be ready for commercial operation by end of this fiscal. The company is looking to invest `150-200 crore primarily in the logistics and industrial packaging businesses over the next two years.