Industrial and Logistics Parks are defined areas used for carrying out activities related to logistics, transport and distribution of goods. The buildings and facilities include warehouses, break-bulk centres, storage areas, offices, car parks etc.
The two main functions of an Industrial and Logistics park can be broadly categorised into:
- The Logistics organization
- The Logistics Management function.
The Parks enable shippers to plan out their inventories well in advance without any hindrance. Most successful Parks are located in the industrial belts, and near airports and ports. Strategically located parks offer maximum connectivity to a large customer base to accelerate business growth. They are larger in size and equipped with modern amenities to ensure ease of business. The presence of Industrial and Logistics Parks in a particular area pave the route for other industries like construction companies, equipment suppliers and trucking companies.
Industrial and Logistics Parks are more cost-efficient due to streamlining of the supply chain, which results in mediators being eliminated or marginalized. Equipped with state-of-the-art warehousing & cold storage facilities, modern Parks are nowadays developed under a built-to-suit model to meet growing requirements in an efficient and timely manner. They facilitate the growth of the country’s economy by attracting new business and generating employment for a lot of people. The Parks also offer plenty of truck and office parking space. Industrial and Logistics Parks are completely secured with round the clock surveillance and security. People looking for logistics space on a lease or creating new space prefer developers with global exposure and a vast network with hands-on experience with modern designs and technologies for built-to-suit facilities.
