Home / Knowledge / News / Future Supply Chains to invest Rs 1bn annually for expansion
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

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search