TCS Express’ new sorting centre in Pune becomes operational; Stock ends higher
It will offer the company advantage in terms of operational efficiency, service reliability, higher utilization, and shorter turnaround time, along with business operations expansion
New Delhi: TCI Express Ltd. has announced that its new sorting centre at Pune has become operational after receiving relevant regulatory approvals.
The
1.5 lakh sq. ft. Pune sorting centre, optimally located at Chakan, will
be having 50 loading docks and will augment the Company’s service in
the western region. This is a new milestone for the company and will
offer a clear advantage in terms of operational efficiency, service
reliability, higher utilization, and shorter turnaround time, along with
business operations expansion.
As
part of TCI Express’ commitment towards environment conservation, the
new sorting centre will have a clear focus on energy efficiency. It has
Light Saving Building Design with maximum utilization of natural light, a
Solar Project construction is under process to meet energy
requirements, Effluent and Sewage treatment plants are also being
installed to minimize waste generation.
Total
cost incurred for the Pune sorting centre, including purchase of land,
is approx. Rs35-40cr. In the next phase, company will focus on
integration of automation and technological upgradation, with additional
investment of Rs20cr and anticipated to be completed in the later part
of FY22.
The
Gurgaon sorting centre is also near completion and under supervision of
the senior management, the Company is planning to automate Gurgaon
center on priority due to location proximity. This will also ensure
implementing best global practices and utilizing the learnings for Pune
sorting center automation.
“I
am pleased to report that our new sorting centre at Pune has become
operational. The 1.5 lakh sq. ft. sorting centre, in strategic terms,
will strengthen our services in the Western India. It will also improve
operational efficiency by ensuring faster and reliable service, and
support our branch expansion plans for the region. In the next stage,
our focus will be on complete automation and developing state of the art
IT Infrastructure, which is expected to be completed in the later part
of FY22. Operationalization of a high-performance sorting centre will
strengthen our market position and will create new growth opportunities
for business,” Chander Agarwal, Managing Director, said.
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