ACE Update – July 2019

Industry Speaks

42 july 2019 ACEARCHITECTURECONSTRUCTIONENGINEERINGUPDATE

A

tactically placed and well-
planned warehouse not only
mends the consumer services but
also facilitates competitive advantage
through efficient supply chain economics,
says Aditya Virwani, COO, Embassy Group
in an interaction with ACE Update.

Briefly tell us about the role played by your
company in the warehousing and logistics
space in the past few years.
India is an evolving economy where
the manufacturing sector is driven
by superior logistics and warehousing
systems. Warehouse is the key factor
that influences the entire value chain,
starting from raw material to having
satisfied customers. So there is huge
space to play and Embassy Industrial
Parks, a JV between Embassy Group and
Warburg Pincus, offers solutions to the
challenges of companies struggling with
building and managing industrial and

warehousing spaces. We have started by

bringing industrial parks to 8 key cities of

India - Delhi, Mumbai, Bangalore, Pune,

Hosur, Hyderabad, Kolkata and Chennai

and gradually move into other metros.

These modern well planned, technology-

enabled industrial and warehousing

solutions are targeted at industry verticals

like E-Commerce, 3PL, Automobile

Ancillaries, FMCG and Retail. We take

into consideration factors like strategic

land positioning that makes business

more convenient. When an industrial park

is planned there are certain aspects the

require proper attention for example we

are providing globally approved amenities

like rest areas for drivers, dormitories,

round the clock canteen, first aid centres,

24/7 security coverage an excellent fire-

fighting system, ample parking space

for trucks so the flow of the traffic

remains unaffected and does not hamper

workflow. We also provide built-to-suit

The current warehousing space is said to double in 3 years –

2022. However, 2018 has witnessed a 22 per cent year-on-year
      growth in total stock in Grade A & B warehousing space in top
      eight cities in the country, while absorption witnessed a 60 per
      cent year-on-year growth in these markets.

Aditya Virwani, COO,

Embassy Group

Warehousing and Logistics

buoyed on modern solutions