[vc_row][vc_column][vc_column_text]FM Logistics has opened a 20,000-sq-metre warehouse in Pune for a European retailer. FM Logistics expects to get more such corporate clients in India. The company is also in the process of acquiring land close to Delhi and Mumbai to build multi-client distribution centres, as a part of its plan to set such facilities near cities.
Following the implementation of GST, the company expects distribution centres to come down by half. The company said most of its customers, including those in the retail and cosmetics sector, were reviewing their distribution network. “We expect the distribution centres to be down by half or even two-third as bigger distribution centres come up,” he said.
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