Delhivery Launches its Bhiwandi Mega Gateway, one of India's Largest Trucking Terminal

Delhivery Ltd, India's largest fully integrated logistics provider, has successfully operationalized its largest mega-gateway in Bhiwandi. Built over 1,200,000 sq ft. of land area, the Bhiwandi trucking terminal is one of India's largest logistics facilities and combines automated hub, sortation, returns, and freight operations with the capability to handle Delhivery's parcel and parttruckload freight volume simultaneously.

The automated gateway has 196 docking stations and is designed to transact over 8,000 tonnes of freight, with 1600 vehicles transiting through it daily, a vehicle every 54 seconds. The facility's automation system, developed and deployed by Falcon Autotech(Delhivery invested company), comprises 1.8 km of integrated double-deck cross-belt sorters coupled with over 5kms of material conveyance systems, and is equipped to process over 32,000 shipments and 17,000 freight units per hour.

Sahil Barua, Managing Director & Chief Executive Officer, Delhivery, said, "Our expanded Bhiwandi gateway will enable us to increase capacity for Mumbai and the West Zone's large and SME freight shippers while maintaining world-class service reliability and efficiency. Our investments in this facility's cutting-edge automation systems will enable us to generate improvements in efficiency and speed, setting a new standard for our network and the industry at large."

The upgraded facility is strategically located in one of the busiest logistic corridors in India. It is also wellplaced to leverage the seamless connectivity to the capital via the New Delhi-Mumbai expressway. This is the company's second mega-facility after its first facility in Tauru, Haryana, went live in 2021. A third mega-facility in Bangalore is also expected to become operational in 2024.

Shares of Delhivery Limited was last trading in BSE at Rs. 364.00 as compared to the previous close of Rs. 360.00. The total number of shares traded during the day was 78379 in over 2758 trades.

The stock hit an intraday high of Rs. 367.80 and intraday low of 360.10. The net turnover during the day was Rs. 28578583.00.

Source : Equity Bulls

Keywords

Delhivery INE148O01028 LogisticsSolutionProvider Bhiwandi TruckingTerminal