Allcargo establishes a 100-acre logistics park in Malur

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Allcargo Logistics, a publicly traded logistics solution provider with tenants including Amazon and Walmart-owned Flipkart, as well as sports retailers such as Decathlon, opened its Malur Logistics Park in Karnataka on Monday.

The Park, which is two million square feet in size and cost Rs. 700 crore to build, was inaugurated by Malur MLA KY Nanjegowda, Shashi Kiran Shetty, Chairman of Allcargo Logistics, and Venkat Raja, the DC of Kolar district. This logistics and warehousing park is now completely full. Allcargo’s park will assist Karnataka in becoming a logistics hub that connects to the southern states of Andhra Pradesh and Tamil Nadu, making the state a desirable destination for large businesses.

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Allcargo establishes a 100-acre logistics park in Malur

Allcargo Logistics, a publicly traded logistics solution provider with tenants including Amazon and Walmart-owned Flipkart, as well as sports retailers such as Decathlon, opened its Malur Logistics Park in Karnataka on Monday.

The Park, which is two million square feet in size and cost Rs. 700 crore to build, was inaugurated by Malur MLA KY Nanjegowda, Shashi Kiran Shetty, Chairman of Allcargo Logistics, and Venkat Raja, the DC of Kolar district. This logistics and warehousing park is now completely full. Allcargo’s park will assist Karnataka in becoming a logistics hub that connects to the southern states of Andhra Pradesh and Tamil Nadu, making the state a desirable destination for large businesses.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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