MARITIMEGATEWAY 728X100

NECC proposes to expand warehousing business across 50 cities

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[vc_row][vc_column][vc_column_text]North Eastern Carrying Corporation Limited (NECC), an integrated logistics solutions provider with presence across India and Nepal and having an established operational set up in Bhutan and Bangladesh, is looking to expand its existing 1.5 mn sqft warehousing capabilities over the next two years across 50 major Indian cities.

The Company is gearing up its overall capabilities with a special focus towards warehousing given the opportunity it expects to unfold in this segment post GST. It plans to expand its footprint from the current 1.5 mn sqft, across 50 major cities over two years throughout India with its asset light approach. The warehousing and distribution segment is to be headed by Mr. Ramesh Krishnan, an industry veteran.

Commenting on the occasion, Mr Utkarsh Jain, Whole time Director of North Eastern Carrying Corporation Limited, “Given the imminent implementation of GST, we see a lot of opportunity in the logistics segment with an increasing demand for warehousing. Larger companies, both domestic and MNC’s would like to partner with an established and reliable player like us to cater to their requirement from transportation to warehousing and distribution across the country in the most cost effective and efficient manner. We are confident of tapping this potential and towards this propose to make necessary investments to further upgrade and expand our servicing capabilities.”       [/vc_column_text][/vc_column][/vc_row]

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