Flyjac Logistics, subsidiary of Japanese logistics company, Hitachi Transport System Group, signs deal with Lodha’s Palava Industrial and Logistics Park
August 03, 2021 | By
- Flyjac Logistics – one of the largest integrated logistic service provider buys 22+ acres land with development potential of ~1mn sqft at Palava Industrial and Logistics Park
- Palava Industrial and Logistics Park emerges as Mumbai’s preferred destination with 4 deal signings in last 6 months
Lodha Group, India’s largest* real estate developer, signs a deal with leading 3PL provider, Flyjac Logistics. The agreement will see Flyjac Logistics, a subsidiary of Hitachi Transport System Group acquire a 22.3 acres land parcel at Palava Industrial and Logistics Park (PILP). Giving preference to the hassle-free and compliant solutions coupled with the state-of-the-art facilities provided by the park, the Japanese multinational selects PILP to expand their global footprint in India. This association will further establish a high standard of quality and superior efficiency in logistic operations for Flyjac Logistics within Mumbai, the country’s second largest Grade-A warehousing hub.
Founded in 1990, to provide integrated logistics service solutions, Flyjac Logistics merged with Hitachi Transport System Ltd. in 2010, becoming one of the largest integrated logistics service providers in India. Upholding its rich Japanese heritage, the brand has grown into a logistics leader with warehousing and distribution at the heart of their globally acclaimed supply chain solutions.
Palava Industrial and Logistics Park has now emerged as the preferred partner for companies looking for warehousing and industrial space solutions in Mumbai. Planned across 800 acres, the park is strategically located close to JNPT, upcoming Navi Mumbai International Airport and the industrial hub of Taloja MIDC and provides flexible and scalable growth options to the companies. It is part of the 4500 acre Palava city that provides a comprehensive ready ecosystem including high quality residences, social housing, world-class education and healthcare.
Shaishav Dharia, CEO, Townships and Rental Assets, Lodha, said, “We are pleased to be the preferred choice for the leading 3PL provider, Flyjac Logistics. Through partnerships like these, we look to amplify operations and infrastructure of Grade-A logistic parks. There is a growing preference among companies to shift to well-connected locations with ready social ecosystems and we will utilize our plethora of resources to help provide unmated business solutions. These are exciting times for us as we have a series of similar partnerships lined up in near future.”y-of-japanese-logistics-company-hitachi-transport-
Commenting on the deal, Mr. Ravi Kumar, MD & CEO, Flyjac Logistics said, “For Flyjac, this is another giant leap forward, in creating world class multi-purpose logistics centres in all Metropolitan cities of India. As an Integrated logistics solution partner, this state-of-the-art facility will help us in providing flexible, versatile & customised solutions to our customers in Western India”
The deal further cements Palava Industrial and Logistics Park’s credibility as a key logistics hub in Mumbai, having already completed a 1 million square feet land parcel deal with FM logistics in April 2021. Offering a range of options including built to suit structures, standard structures and land parcels, Flyjac Logistics is the 4th large multi-national logistics company to opt for PILP as their business destination in the last 6 months, with Lodha having already secured deals with FM Logistics, Katerra, and Swegon.