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Future Supply Chains to invest Rs 1bn annually for expansion
29
Sep '11
Future Supply Chain Solutions Ltd, the logistics and supply chain vertical of Future Group, is in an expansion mode and the company is planning to invest over Rs. 1 billion annually for the next few years.

The Mumbai-based company is an end-to-end supply chain service provider with integration of technology, infrastructure, automation, process, people, know-how and expertise which help companies, including textile and apparel, reduce uncertainty and manage variability in their supply chain, and thus help them increase their sales and profitability.

Established in 2007, the company has proven expertise in the supply chain of the four main consumption sectors, including textiles and fashion apparels, to Future Group companies like Pantaloons, Central and Big Bazaar.

Speaking to Fibre2fashion, Mr. Anshuman Singh, MD & CEO of Future Supply Chain Solutions Ltd., said, “Our Company mainly provides three kinds of services - Contract Logistics, Express Transportation and International Logistics.

“Contract Logistics services provide storage and handling solutions through the largest warehouse footprint in India. Future Supply Chain has warehousing storage capacity of over six million sq. ft. spread across strategic locations in India,” Mr. Singh stated.

He further elaborated, “Express Transportation services of Future Supply Chains are provided pan-India through a hub and spoke model and the company's International Logistics cater to exports and imports.”

Elucidating on the company's expansion plans, Mr. Singh said, “We are adding 3 million sq. ft of additional space to our current warehousing infrastructure. Actually, adding and upgrading our infrastructure and integrating it with technology and automation, is a continuous process at our company.”

He informed that the company already has presence in major cities like Mumbai, Delhi, Bangalore, Kolkata, Pune, and Ahmedabad and is setting up big Distribution Centres in Nagpur, Hyderabad, Chennai and other cities.

He further said that the company is also expanding its vehicle fleet across the country as well as substantially increasing its international logistics capabilities.

The Future Supply Chains MD & CEO revealed that for its expansion drive, the company plans to invest more than Rs. 1 billion every year for the next few years.

According to Mr. Singh, the rationale of expansion for Future Supply Chains is to provide optimal supply chain network to its customers to enable shortest time-to-market and lowest cost-to-market.

Fibre2fashion News Desk - India

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