Shree Shubham Logistics plans Rs 200cr expansion

Shree Shubham Logistics which is engaged in developing commodity warehousing parks today said that it would expand its business in Maharashtra, MP, Gujarat and Rajasthan, involving an investment of Rs 200 crore over the next three years.

The move will create additional storage capacity of around 3.30 lakh tonne and the total floor plate area will touch around 2 million square feet, increasing its presence to 64 locations across these states, the company said in a release.

The company is currently developing agri-logistics parks at Latur, Akola, Jalgaon, Nagpur and Sangli in Maharashtra; Pratapgarh in Rajasthan; and Ujjain, Dewas, Neemuch, Itarsi, Sagar, Ganjbasoda, Vidhisha, and Harda in MP.

In the second phase, the company plans to enter Bihar, Andhra, Delhi, Punjab, Haryana and UP to create an additional capacity of around 4 lakh tonne,