Categories: Business

TCI-Zepto strengthens southern India operations by leasing space with TVS ILP in Coimbatore

Transport Corporation of India (TCI), a key logistics and supply chain solution provider associated with the quick commerce platform Zepto, has expanded its southern base by leasing around 1 lakh sq. ft. of the logistics park of TVS ILP in Coimbatore, Tamil Nadu. This is a second partnership between TVS ILP and TCI, as TCI had earlier leased around 75,000 sq. ft for Volvo Eicher, a leading automobile company at the same facility.

TCI, the leader in multi-modal transport, has enabled Zepto to achieve swift and efficient deliveries across the nation. TCI’s latest expansion with TVS ILP in Coimbatore highlights a strong partnership that will enable the rapid growth of quick commerce in Tier 2 and 3, says a release.

Coimbatore has emerged as a major hub for logistics and e-commerce companies due to its proximity to key transport routes, a growing consumer base, and industrial expansion. The newly leased facility in Coimbatore developed by TVS ILP is a built-to-suit, Grade-A industrial park designed to meet TCI and Zepto’s operational needs and enhance their supply chain efficiency.

The industrial park is situated 29 km from the city centre, 30 km from both the airport and railway station, and just 18 km from NH 544 enabling swift movement of goods. In addition to its logistical advantages, the facility integrates sustainability initiatives such as EDGE-certified infrastructure, Miyawaki plantations, rainwater harvesting, and waste management systems, aligning with modern environmental standards.

Marking this milestone, Aditi Kumar, Executive Director, TVS ILP, in the release said,, “Our partnership with TCI and Zepto reinforces our aspiration to support fast- growing businesses with sustainable, efficient, and future-ready warehousing solutions.”

Source link

nasdaqpicks.com

Recent Posts

Wall Street today: US stocks drift on mixed batch of earnings

US stock indices were drifting on Tuesday following a mixed batch of earnings and ahead…

15 seconds ago

Rhythu Bharosa scheme will be implemented soon: AP CM Naidu

The NDA Government will soon implement the remaining poll promises on welfare schemes, Andhra Pradesh Chief Minister…

7 minutes ago

Germany’s AfD brings ‘friendly face of National Socialism’ into fold

The far-right Alternative for Germany has embraced some of the movement’s most radical figures after…

8 minutes ago

Godrej’s Energy Solutions business targets ₹2000 crore revenue by 2028

Godrej Enterprises Group’s Energy Solutions business is eyeing a revenue of ₹2,000 crore by 2028,…

14 minutes ago

We are party agnostic: Medtronic CTO, on weathering geo-political storms

As tariff policies and geo-politics pose a threat to international businesses, Ireland-headquartered Medtronic has been…

21 minutes ago

US breaks with UN and G7 allies over Ukraine war measures

This is an on-site version of the White House Watch newsletter. You can read the…

24 minutes ago