Joint Press Release
Location: Pune, Mumbai
Date: August 29, 2011
Tata BlueScope Building Solutions builds State-of-the-Art Warehousing Facility for Arshiya International’s & India’s first Free Trade & Warehousing Zone (FTWZ) in Panvel, Mumbai
Arshiya International Ltd. (BSE: 506074 & NSE: Arshiya), an Indian Integrated Supply Chain and Logistics Infrastructure Solutions company and Tata BlueScope Steel Ltd, (A 50:50 joint venture between the Indian steel giant Tata Steel Limited and the globally renowned Building Solutions provider BlueScope Steel Limited), have come together to build first-of-its-kind state-of-the-art warehouses at India’s first Free Trade and Warehousing Zone (FTWZ) developed and operated by Arshiya International Ltd. in Panvel, near Mumbai.
For the massive warehousing project covering a total plan area of 5.45 lakh square feet, Tata BlueScope Building Solutions has designed, manufactured, supplied and erected five BUTLER® Buildings. These high quality building systems have been supplied with state-of-the-art MR-24® roof system, which is warranted for 10 years leak-proof performance. The buildings have a bold architectural form exclusively designed for ‘Arshiya International Limited’ and offer superior functionalities that include higher column-free space, two additional levels of mezzanine floors for perishable and high value goods storage, better ergonomic design, etc.
With Arshiya’s initiative, FTWZs will give India the much needed impetus to drive its economic growth to the next level, while truly leveraging the nation’s vast domestic market and purchasing power parity. Over the last few decades, India has been losing investments to neighbouring economies, which were being used by global corporations as bases for feeding India, because of unavailability of similar infrastructure in India. With FTWZs, our country will be able to leverage ’Soft Infrastructure’ such as skilled manpower, cost competitiveness, regulatory framework, IT connectivity as well as ’Hard Infrastructure’ such as dedicated state-of-the-art mega logistics parks, rail connectivity and world class supply chain management services. In all, Arshiya is developing five FTWZ across India’s strategic locations (West – Mumbai, North - Khurja [Near Delhi], Centre – Nagpur, South – Chennai & East - Haldia).
Commenting on the partnership, Mr. Ajay S Mittal – Group Chairman & Managing Director, Arshiya International Ltd. said, “Warehouses in India, have long been considered as one of the least important aspects of the entire supply chain. Warehousing being at the lowest rung in the chain never saw quality investments and this over the years has become a practice and companies never cared to look at warehouses beyond storage and think of the value they bring in maintaining product sanctity, reducing cost & improving overall efficiency. FTWZ, state-of-the-art warehouses and our partnership will create a revolution in the way logistics infrastructure is developed and operated in India. With India’s emergence as the second fastest developing economy and to leverage the opportunity we believe that there can be no better partner than Tata BlueScope Steel Ltd. to help build these pioneering logistics infrastructure”
Mr. Harish Pathak, Managing Director, Tata BlueScope Steel Ltd., commented, “The Building Solutions division of Tata BlueScope Steel is committed towards the overall growth of the metal buildings industry in India. We always take pride in staying ahead in quality and leveraging the global expertise of our brands in order to cater to the unique challenges of the metal buildings sector.”
Mr. Rajiv Upadhyay, Vice President, Building Solutions Business, also said, “We have installed premium BUTLER® Building Systems with state-of-the-art MR-24® double locking roofing systems at Arshiya International’s Free Trade and Warehousing Zone in Panvel. These building systems are not only structurally strong and stable but also have a distinct architectural appeal that can be considered as a signature design for Arshiya International’s FTWZ. The project is a testimony for our on-time delivery and cost-effective solution for warehousing sector.” He further added, “Tata BlueScope Building Solutions is excited about the prospects of this partnership and is happy for erecting a world-class Logistics Infrastructure Project for one of the visionary companies in India.”
About Arshiya International Ltd.:
Arshiya International Ltd. (AIL) a flagship company of the Arshiya Group, is an India headquartered, integrated supply chain and logistics infrastructure solutions provider. The company is currently involved in the phased investment of approximately US$1.6 billion towards creating pioneering logistics infrastructure solutions across India.
The Company has the following key business entities and subsidiaries:
- Arshiya FTWZ - Involved in implementation and operation of Free Trade Warehousing Zones (FTWZs)
- Arshiya Rail Infrastructure - Designed to provide pan-India rail freight operations and providing rail terminal facilities
- Arshiya Domestic Distripark - Providing strategic hub warehousing for domestic rail consolidation
- Arshiya Logistics - Provides logistics solutions including end-to-end freight management & transportation services in over 150+ countries world-wide
- Arshiya Supply Chain Management – Provides end-to-end supply & demand chain solutions
- Arshiya Transport & Handling - Focus on providing world-class transportation and handling infrastructure and services
- Arshiya Technology – Provides software solutions for supply chain management and business process outsourcing
About Tata BlueScope Building Solutions:
Tata BlueScope Building Solutions is a business division of Tata BlueScope Steel Limited. The division supplies a range of E-Engineered Building (PEB) solutions and takes single source responsibility for the design, manufacture, shipment and erection of world-class PEB solutions that can be used for applications in varied segments. It has manufacturing facilities in Pune, Sriperumbudur and Bhiwadi, four regional offices and a wide network of Sales & Design Offices that offer best-in-class services and products. It also has a testing centre at Pune with technical support from extensive R&D and testing facilities at Kansas, USA and Sydney Australia. Strict quality norms and state-of-the-art manufacturing capabilities have ensured consistent quality of products offered by the Building Solutions business.
Tata BlueScope Steel is an equal joint venture between Tata Steel and BlueScope Steel, Australia in the field of coated steel, steel building solutions and related building products. The company operates in the South Asian Association for Regional Cooperation (SAARC) region. It maintains high standards in the area of Safety, Health and Environment; and has been certified by UL MSS India for ISO 9001:2008 as well as for the ISO 14001 & OHSAS 18001 certifications.
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