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World-class Logistics Park worth Rs 180 cr, which can also store COVID Vaccines, to come up in Kochi

Published in Technology Monday, 08 March 2021 17:18



 

Kochi : A World-class Industrial and Logistics park with Plug-and-Play facility, which can be used to store different COVID-19 vaccines, will come up at KINFRA Petrochemical Park at Ambalamughal, Kakkanad, Kochi.

 

The 6.5 lakh sqft facility, with an investment of around Rs 180 crore, will be one of the largest such storage facilities in the state.

 

Cellaspace, promoted by Sri Kailas Group, will build the space at the 25-acre land allotted by the Kerala Industrial Infrastructure Development Corporation (KINFRA).

 

Kerala Industries Minister E P Jayarajan handed over the allotment letter to the company’s Executive Director, Visakh Rajkumar at a function held here on February 9, 2021.

 

The company has formed a special purpose vehicle to complete the project. This will increase Cellaspace's portfolio of industrial / logistics space close to one million sqft. It will be the first such state-of-the-art space being developed in the state for industrial needs with a potential solution for the storage of COVID-19 vaccines.

 

 “We at Sri Kailas Group are focused on promoting and providing grade “A” infrastructure to logistics and industries. We have developed similar facilities in Chennai, Coimbatore, Kochi. We are also in the process of establishing such spaces in Madurai and Hosur. I believe setting up of our park will augment the industrial development in Kerala, as we will provide space to anyone trying to set up an industrial facility here,” said Visakh Rajkumar.

 

“Currently, with the introduction of ‘three-people’ companies, the meaning of logistics is not limited to mere storage and transportation. Assembly, packing and repacking, mild manufacturing are all part of logistics now. This can also act as a storage option for covid vaccines when they come in huge quantities to the state.”


Fo more deails contact Vaisakh Rajkumar on 87545 46931

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