Multi-million dollar logistics park to improve Odisha’s logistics sector
Kingston Logistics Park is the first-of-its-kind in Odisha with all types of storage solutions, be it Grade-A warehouses, cold storage, open air storage, container yards, to name a few. All the warehouses are planned to be constructed on Built to Suit (BTS) basis.
Shri Naveen Patnaik, Chief Minister, Odisha has inaugurated the Kingston Logistics Park on February 17, 2021. It is the first-of-its-kind in Odisha with all type of storage solution, be it Grade-A warehouses, cold storage, open air storage, Container Yards, to name a few. Strategically located on the periphery of Cuttack (10 km) and Bhubaneswar (40km), Kingston Logistics Park, the latest offering from the Kandoi Group, is on a 56-acre of land offering quick access to both the cities. Paradip Port is at a distance of 100 km from the project site and many industrial towns and consumption centres are within the 100
km radius from this project. The land on which the project is conceptualised has been allotted by the State Government through lease for a period of 90 years. Therefore, it is free of all encumbrances and legal hassles.
The key policy of this park is to improve the state’s logistics sector by lowering overall freight costs, reducing vehicular pollution and congestion, and cutting warehousing costs.
All the warehouses are planned to be constructed on Built to Suit basis. The total potential of this Built-to-Suit
development is approx. 1.5 million sq ft, across warehousing, cold chain storage, etc. These different types of storage facilities will be used by companies such as E-Commerce, FMCG, Cement, Petroleum, Electrical and Electronics, Textile Products, Engineering Products, Agro, Pharmaceuticals, Steel, etc. 1.25 lakh sq ft space has been put to use by a leading e-commerce company from December 2020.
The Park is designed with immense time and cost savings for space users and transporters in mind, plus convenience for every working within its premises, irrespective of junctions and job roles. Modular planning and space allocation is done in a way to facilitate easy expansion within the park area.
Dr. Nitin Bhanudas Jawale, IAS, Managing Director, IPICOL, says, “Odisha is an upcoming state and logistics and warehousing industry has been phenomenal from last couple of years. We have diverse industrial growth and therefore there are huge requirements of logistics in our state. Kingston Logistics Park set up by the Kandoi Group in Choudwar, Cuttack is going to be an important utility. The wide range of products that are handled by this logistics park is going to be a great asset and definitely a great support for industries in and around this area and also in the entire state.”
While congratulating on behalf of CII, Manish Kharbanda, Chairman, CII, Odisha says, “It is one of the biggest logistics park as of now with all the facilities for warehousing, be it cold storage or modern transportation facilities. Kandoi Group is known for its excellence and we are confident that it will help industries like E-Commerce, FMCG, and Electronics, etc in reducing and optimising logistics cost. This is the much needed and positive initiative from the Group.”
Gaurav Chawla, Chairman of Young Indian, CII, says, “When it comes to credibility KTL is one of the oldest companies in Odisha serving for almost five decades. Their Project Kingston Logistics Park is so minutely designed considering everything, be it fire safety or regulation.” He adds, “I believe that with the government promoting the Paradip Port, this project will definitely boost import and export in Odisha. The facility, KLP, is offering cold storage apart from warehousing which would definitely boost the economy by means of business growth and employment. Odisha will definitely get a boost from this project.”
The Kandoi Transport Limited, the flagship company of Kandoi Group, was founded in 1976 and is one of the oldest and credible brand of Odisha for transportation of ores, coal, bauxite, fertilizers, metal etc. Currently, the group has diversified into mining and crushing of minerals and ores, financing, real-estate, warehousing and logistics infrastructure. The group is established in Cuttack, with branch offices spread across the region. Kandoi Group is synonymous with value, excellence and keeping promises in whatever business it conducts.