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Arshiya International launches FTWZ in khurja
A BUSINESS CORRESPONDENT
Wednesday, February 01, 2012, 10:15 Hrs  [IST]

FTWZ Uttar PradeshArshiya International Ltd, a supply chain and logistics infrastructure solutions company, has launched its 135 acre Free Trade & Warehousing Zone, at Khurja, Uttar Pradesh, near the confluence of the planned eastern and western freight corridors.

FTWZ is a part of Arshiya's 315- acre mega logistics hub which also includes a 50-acre rail siding and 130-acre Domestic Distripark which will be operational soon.

This will be the flagship state-ofthe- art logistics infrastructure in the north to service the massive manufacturing belt. It will enable efficient warehousing, value optimising, and distribution of exim and domestic cargo. It will also empower manufacturers to substantially bring down transactional cost and boost exim, facilitate imports through implementation of vendor managed inventory, and encourage exports by enabling quality check and consolidation before organised shipment.

The FTWZ will enable Arshiya to offer a plethora of benefits to companies with exim movement between north-west such as costeffective bonded movement through Arshiya Rail, dutydeferred storage of imports, and immediate export benefits for companies in the north. Also, proximity to planned eastern and western freight corridors will allow convenient access to ports through rail.

India's and Arshiya's first 165- acre FTWZ in Mumbai, which became operational in December 2010, is currently servicing over 200 companies across sectors such as FMCG, retail, pharmaceuticals, chemicals, manufacturing, heavy engineering and automobile.

Commenting on the announcement, Ajay S. Mittal, Group Chairman & Managing Director, Arshiya International Ltd, said: "The launch of Arshiya's FTWZ in Khurja, Uttar Pradesh, has enabled Arshiya to complete the north-west belt of its planned pan- India footprint. Now we will be able to provide tremendous value and cost savings for the heavy exim cargo movement in this belt by offering warehousing, value optimising services as well as movement through Arshiya Rail."

According to the company, logistics costs in India are fairly high, at around 14 per cent of GDP, compared to 8-9 per cent in most developed nations. A major contributor to these high costs stems from the lack of infrastructure investments in logistics within India. Arshiya's FTWZ is expected to improve efficiency and lower costs for its customers.
 
                 
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