The Hindu Business Line : Reliance plans logistics parks in all its SEZs

Mumbai, Sept. 17 Reliance Logistics Ltd (RLL) plans to set up logistics parks within all the upcoming special economic zones (SEZs) being established by the Reliance Industries group.

The SEZs include the ones coming up in Navi Mumbai, Mumbai, Haryana, Jamnagar and port-based one at the Rewas in Maharashtra.

Mr Abhijit Datar, Business Planning Manager-Logistics Parks, Distribution Business of RLL, told newspersons, “The Reliance logistics parks will cater to the entire range of logistic requirements of the SEZs.

“They will be governed and administered by a separate entity which will become the lead logistics infrastructure provider for the whole SEZ. This entity will also provide opportunities to several third-party logistics operators willing to cater to their customer needs within the SEZs.”

Modalities soon

Other modalities such as the investments and size of the logistics parks would be finalised by March 2008, he added. The parks would provide support in container, air, rail, technology and distribution segments.

Currently, RLL caters only to 25 per cent of the entire logistics needs of the Reliance group of companies; this contributes 65 per cent of the total revenues of the logistics company.

Revenues

RLL’s revenues for 2006-07 amounted to $400 million, said Mr Datar. Its key customers, apart from Reliance Industries, are Godrej, ITC Ltd, Indian Petrochemicals Corporation Ltd, Ispat Industries, Parle, Sterlite, and German major METRO. The company plans to expand its base by providing logistics support to major Indian auto companies too.

“The support could extend starting from transportation of tyres and assembling of parts to moving finished products as the need may be,” he said.

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Mukesh Ambani’s Navi Mumbai SEZ gets conditional nod

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