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Safexpress Investing Rs 600 Cr In 32 Logistics Parks

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    For 2008, the company is looking at a topline of rs 600 crore.Before the exit of the logistic business, we did about rs 900 crore.With the exit, we hope to be in region of rs 500-600 crore he added.The company has a lot of plans for which capital is needed.We did an fccb fund raising equity exercise in april 2006 for about usd 50 million.

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    8 mega food parks functional currently.The ministry of food processing industries mofpi has a plan to establish 42 mega food parks across the country by 2018.The government of india has set a goal to increase the level of processed food from the current 10 to 20.Target is to raise the processing level of perishables from 6 to 20 and raise indias share in.

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    Safexpress will invest nearly rs 600 crore in the next two years to launch 32 logistics parks to double its warehousing space to around ten million square feet.According to mr vineet kanaujia, gm, marketing, safexpress, the expansion will help the company reach revenue of around rs 1,000 crore in the next two years from rs 650 crore.

  • Safexpress Investing Rs Cr In Logistics Parks

    Safexpress to invest rs 300 crore in 6 logistical parks.Aug 04, 2017 hyderabad indias largest supply chain and logistics firm safexpress has announced rs 300 cr of capital expenditure plan to set up six new logistics parks, taking its network of logistics parks to.