Tata BlueScope Building Solutions builds state-of-the-art warehousing facility for ArshiyaInternational’s and India’s first Free Trade & Warehousing Zone (FTWZ) in Panvel, Mumbai
Arshiya International (BSE: 506074 & NSE: Arshiya), an Indian integrated supply chain and logistics infrastructure solutions company and Tata BlueScope Steel (a 50:50 joint venture between the Indian steel giant Tata Steel and the globally-renowned building solutions provider BlueScope Steel), have come together to build first-of-its-kind, state-of-the-art warehouses at India’s first Free Trade and Warehousing Zone (FTWZ) developed and operated by Arshiya International in Panvel, near Mumbai.
For the massive warehousing project covering a total plan area of 5.45 lakh square feet, Tata BlueScope Building Solutions has designed, manufactured, supplied and erected five BUTLERTM buildings. These high-quality building systems have been supplied with state-of-the-art MR-24® roof system, which is warranted for 10 years leak-proof performance. The buildings have a bold architectural form exclusively designed for Arshiya International and offer superior functionalities that include higher column-free space, two additional levels of mezzanine floors for perishable and high-value goods storage, better ergonomic design, etc.
With Arshiya’s initiative, FTWZs will give India the much-needed impetus to drive its economic growth to the next level, while truly leveraging the nation's vast domestic market and purchasing power parity. Over the last few decades, India has been losing investments to neighbouring economies, which were being used by global corporations as bases for feeding India, because of unavailability of similar infrastructure in India. With FTWZs, our country will be able to leverage 'soft infrastructure' such as skilled manpower, cost competitiveness, regulatory framework, IT connectivity as well as 'hard infrastructure' such as dedicated state-of-the-art mega logistics parks, rail connectivity and world-class supply chain management services. In all, Arshiya International is developing five FTWZs across India’s strategic locations (West – Mumbai, North - Khurja (Near Delhi), Centre – Nagpur, South – Chennai and East - Haldia).
Commenting on the partnership, Ajay Mittal, group chairman and managing director, Arshiya International, said, “Warehouses in India have long been considered as one of the least important aspects of the entire supply chain. Warehousing being at the lowest rung in the chain never saw quality investments and this over the years has become a practice and companies never cared to look at warehouses beyond storage and think of the value they bring in maintaining product sanctity, reducing cost and improving overall efficiency. FTWZs, state-of-the-art warehouses and our partnership will create a revolution in the way logistics infrastructure is developed and operated in India. With India’s emergence as the second fastest developing economy and to leverage the opportunity we believe that there can be no better partner than Tata BlueScope Steel to help build these pioneering logistics infrastructure.”
Harish Pathak, managing director, Tata BlueScope Steel, commented, “The Building Solutions division of Tata BlueScope Steel is committed towards the overall growth of the metal buildings industry in India. We always take pride in staying ahead in quality and leveraging the global expertise of our brands in order to cater to the unique challenges of the metal buildings sector.”
Rajiv Upadhyay, vice president, Building Solutions business, Tata BlueScope Steel, said, “We have installed premium BUTLERTM building systems with state-of-the-art MR-24® double locking roofing systems at Arshiya International’s FTWZ in Panvel. These building systems are not only structurally strong and stable but also have a distinct architectural appeal that can be considered as a signature design for Arshiya International’s FTWZ. The project is a testimony for our on-time delivery and cost-effective solution for warehousing sector.” He further added, “Tata BlueScope Building Solutions is excited about the prospects of this partnership and is happy for erecting a world-class logistics infrastructure project for one of the visionary companies in India.”