MJ Logistic Services Ltd. sets up world class multi user logistics centre at Palwal

Feb. 9, 2009 - PRLog -- M.J. Logistic Services Ltd (MJ), a third party logistics (3PL) solutions provider has set up the first of its kind world class logistics centre at Palwal (Delhi- Agra highway). The first phase is scheduled to go live from March 2009. The total investment in the project is $ 50 million. The LCs will operate on the unique pay-per-use model allowing customers to save 100% capital cost.

Strategically located to cover the Northern region, the Palwal facility will be the main hub with the soon to be developed centres at Zirakpur (Punjab) and Haridwar (Uttarakhand) as the spokes. The centres will cater to the needs of the largest FMCG and retail market in India (NCR region) and the emerging industrial hubs in Punjab and Uttarakhand.

Investment by Eredene Capital Plc, UK
Eredene Capital Plc a self-managed investment company which invests in high quality real estate & infrastructure projects in India has already taken a majority stake in M J Logistic Services Ltd. Eredene trades on the Alternative Investment Market (AIM) of the London Stock Exchange. For more information please log onto www.eredene.com

Key highlights of MJ’s service offerings to the customers:

1. Over 1 million sq ft of technology-enabled, state-of-the-art multi-user Logistic Centers including cold chain enabled logistics services spread over 3 centers in North India
2. Focus on quality and conformance with EHS
3. Modern material handling & storage equipment that includes
a. Standard Pallet & Double Deep Racking
b. Electric Reach Trucks, Forklifts & Power Pallet Trucks
c. Dock Levellers and Automated Dock Doors
d. Modular office space for customers including furniture, office & communication equipment
e. Modern access control, firefighting and CCTV surveillance systems

About M J Logistic Services Ltd.

MJ traces its origins to 1993, when the company started providing quality warehousing and distribution services, operating mainly out of own properties in Mandoli (Delhi).  With the growth of the 3PL services industry, MJ has expanded from managing 3, 25,000 sq. ft in 2004 to over 1 million sq. ft of warehousing space at present, with the capability to provide integrated cold chain enabled logistics services across various sectors. The company manages over 5,000 vehicle transactions a month and has a strong presence in Delhi NCR, and operations in Haryana, Punjab, Himachal Pradesh, and Uttarakhand.