India has focused on the growth and efficiency of the logistics sector as it recognises the crucial role that the sector plays in any country’s success story. Numerous logistics and warehousing hubs have emerged all over the country. Among them is Chennai, the capital of Tamil Nadu, quickly establishing itself as India’s logistics and storage powerhouse and grabbing the attention of investors. This article examines the causes of the region’s rapid development and its potential going forward.
The metropolis, one of South India’s leading centres for culture, commerce, and education, is quickly growing as a logistics and storage centre for the nation. Let’s investigate the causes of the state’s rapid rise in shipping and logistics companies in Chennai.
A specific site is suited to being a prospective logistics or warehousing hub for several reasons. Everything from the availability of people with the necessary skills, the location, the presence of suppliers and vendors in the area.
Oragadam is home to 22 Fortune 500 companies, and the area provides access to a qualified workforce, an efficient transit network, and Chennai International Airport. Companies looking to expand their operations on a national and global scale have been drawn to Tamil Nadu.
Tamil Nadu is attracting domestic and foreign companies looking to expand their operations. Tamil Nadu is also a popular destination for Japanese businesses, as most are centred in Chennai.
Various elements contribute to a location’s suitability as a potential logistics and warehousing hub. From the availability of sufficient skilled individuals to the presence of suppliers and vendors in the region, the location etc., are the main factors which make Chennai a perfect place for logistics companies.
Manufacturing Hub
The city has long been one of the nation’s major trade and business centres. Formerly known as the textile hub, it has changed to become one of the major manufacturing hubs, especially for the automobile industry. 30% of the nation’s automobiles are produced in this city, and 40% of all vehicle parts.
Numerous original equipment manufacturers, renewable energy firms, hardware producers, computer, technology, food manufacturing, and e-commerce firms are also based in Chennai.
Settlement and Structure
Chennai offers simple access to businesses and transit. The metropolitan area is in one of the two industrial corridors designated by the government. The Vizag Chennai Industrial Corridor (VCIC) and the Chennai Bangalore Industrial Corridor (CBIC) facilitate convenient road transit of commodities.
Chennai is a desirable location for warehouses due to the availability of vast tracts of land just outside the city, industry in several hubs around the city, and accessible goods flow to the rest of Tamil Nadu, Karnataka, South Andhra, Telangana, and Kerala. The Chennai Port also serves as the region’s export and import gateway. Another essential factor of rise in shipping and logistics companies in Chennai and luring exporters to relocate is the ease of transporting goods from Chennai port to the ASEAN nations.
Varuna is one of the top logistics companies in Chennai. Varuna Logistics assists you in effectively driving business growth with more than 20 years of operational excellence in transportation services, supported by the largest owned fleet in the nation and well-established warehouses. They keep their word about operating their company profitably, which eventually translates into excellent customer service and quicker growth.
If you’re looking for top logistic companies in Chennai, get in touch with Varuna Group right away!