EPACK PREFAB, a Noida based pre-engineered building solution provider, is excited to announce its strategic expansion into Southern India’s burgeoning warehousing sector. With the region’s retail and e-commerce sectors experiencing unprecedented success, EPACK PREFAB is well-positioned to meet the escalating demand for state-of-the-art warehousing facilities.
“The ‘Make in India’ initiative, the Production Linked Incentive schemes have boosted manufacturing in the country leading to more demand for storage. The retail and e-commerce industry, especially in Tier 2 and Tier 3 cities has been growing consistently. Therefore, companies seek to quickly add and expand warehousing capacities using pre-engineered structures to cater to the swift rise in demand” says, Nikhil Bothra, director EPACK PREFAB.
EPACK PREFAB has successfully completed the construction of more than 10 million sq. ft of industrial buildings and warehouses using pre-engineered structures worth Rs 7 billion.
According to the company, demand for pre-engineered buildings has surged most in southern states. In addition to meet the surge in demand, the company is strategically expanding its production facility in Andhra Pradesh, Mumbatu area to cater to the accelerating demand. Currently, EPACK PREFAB operates two manufacturing facilities in Rajasthan and Uttar Pradesh, boasting a total annual production capacity of 100,000 metric tonnes of prefabricated material. The addition of the new plant will double this capacity to an impressive 200,000 metric tonnes.
“The retail sector has shown the highest demand, with notable interest also coming from 3PL companies, FMCG, and FMCD sectors. We have recently completed the warehouses for Hindustan Coca Cola bevarages, Value Spaces Logistics Private Limited. Some of the other projects in southern India include various industrial projects for Dalmia Cement and a five-star hotel” added Bothra.
According to Knight Frank India, India Warehousing Market Report-2023 stated that warehousing across eight primary markets and 17 other secondary markets have seen a rise. In 2022-23, the top eight markets experienced a historic high in demand, reaching 51.3 million square feet (msf). Notably, Mumbai, Chennai, Vishakhapatnam, Bengaluru, and Kolkata witnessed a historically high volume of transactions in 2022-23.