Major big-ticket investment announcement made at ‘Advantage Assam Global Investors Summit’
02 Feb 2018 | 12427 Views | By Autocar Pro News Desk
Supply chain and logistics company Safexpress has announced the biggest-ever investment by a logistics company in Northeast India.
Speaking at the Advantage Assam Global Investors Summit at Guwahati, Rubal Jain, managing director, Safexpress, said: “We are pleased to announce an investment of Rs 100 crore in the Northeast region. ...
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Supply chain and logistics company Safexpress has announced the biggest-ever investment by a logistics company in Northeast India.
Speaking at the Advantage Assam Global Investors Summit at Guwahati, Rubal Jain, managing director, Safexpress, said: “We are pleased to announce an investment of Rs 100 crore in the Northeast region. We wholeheartedly support this initiative by prime minister Narendra Modi to boost investment in this region. We also compliment the chief minister of Assam, Sarbananda Sonowal, the minister of Industries & Commerce, Chandra Mohan Patowary, as well as several other people who have collectively worked very hard to bring Northeast to the centrestage of investment.”
Jain added, “Northeast is one of the most amazing parts of India. The region is home to more than 45 million people and has unsurpassable beauty. Assam, the biggest state in this belt, has evolved itself over the years from being a traditional state to a competitive business hub. Assam is also a very crucial location from the point of view of logistics connectivity of Northeast India with the rest of the country. The development of strong ASEAN relationships with Northeast is a great boon for the entire region and all business entities serving the region.”
Safexpress, which has the largest logistics network in the Northeast region of the country, was representing the logistics industry at the Summit. Out of the 12 focus industries identified by the government for investment in Northeast in general and Assam in particular, logistics is one of the major industries.
Speaking at this occasion, Vineet Kanaujia, vice-president – Marketing, Safexpress said, “Given the vital role Assam plays in connecting Northeast to the rest of the country, Safexpress has recently built up an ultra-modern logistics park at Guwahati. We have invested Rs 30 crore in creating this state-of-the-art Logistics Park at Guwahati. This facility spans over an area of more than 1 million square feet, and is located strategically on National Highway 31. This logistics facility is functional 24x7x365 and ensures excellent connectivity of Northeast with the rest of India.”
Explaining about the massive logistics network created by Safexpress in Northeast, Kanaujia said, “Northeast has always been a very high priority region for us. We have offices across the whole of Northeast region. Our logistics network covers even the remotest of the locations, and we cover every square inch of Northeast. Given our massive logistics network within Northeast, we deliver to all 1001 pincodes in Northeast. With a huge investment of Rs 100 crore planned by Safexpress for the region in the field of logistics, we intend to contribute hugely in the Northeast growth story, given the massive role logistics needs to play in the growth of this region.”