FM LOGISTIC IN INDIA AND THE WORLD OVER

Said to draw from its principal’s novel Citylogin urban transportation concept to add EVs to its fleet in India and address the need for carbon footprint free urban delivery needs, FM Logistic India is one of the few international 3PL logistics players in the country that has been investing in warehouse space since 2019. It was in 2019 that the France-based company announced a plan to invest USD 150 million over the next five years in its own warehouses and distribution centres in India. Also, announcing that this exercise would lead to employment generation of up to 500 jobs within twelve months, the company has been operating a multi-client facility in Delhi NCR. Expanding its multi-client warehouse in Mumbai and acquiring 31 acres of land in Jhajjar, near Gurugram to build a new warehouse, FM Logistic India is known to operate transport services for Caterpillar across India. This is claimed to involve the management of more than 1,000 suppliers.

The other key contract that FM Logistic India known to involve a major European retailer at Pune, the Jhajjar facility of FM Logistic India was designed by its sister concern, NG Concept, and provides 70,000 sq. m. warehousing space. Up to 100,000 pallets could be stored. Claimed to manage in-plant warehousing operations for the French stationery maker BIC-Cello at Vapi in Gujarat, FM Logistic India announced some time back that would continue to increase its footprint in India. It also announced that it is investing in new WMS (Warehouse Management System) and TMS (Transport Management System) to provide its customers with more visibility over their shipments. Motivated by the growth potential in logistics offered by the indirect tax reform (GST), the company acquired Pune-based Spear Logistics in 2016. The arrangement with WayCool providing FM Logistic India an opportunity to adopt some of the learnings of the Citylogin concept, which is about sustainable and efficient urban solution improving sales efficiency, decrease environment footprint, reduce congestion in the city, reduce emission (health pollutant and greenhouse gas), reduce noise and upgrade brand reputation, FM Logistic India is one the few logistics players in the country to constantly upgrade technology and seek an efficient transport fleet.