Indospace Leases Over 1.25 Lakh Sq. Ft To Cj Darcl Logistics In Narasapura, Bengaluru

Bengaluru, June 26, 2024: CJ Darcl Logistics Ltd. (CJ Darcl), a diversified multimodal logistics company, has leased over 1.25 lakh square feet of warehousing space in the Narasapura Industrial and Logistics Park of IndoSpace, for a period of 9 years.

IndoSpace is developer of Grade A industrial and logistics real estate with 52 logistics parks spread across 58 million square feet delivered and under development across 11 cities.

A diversified logistics service provider in India, CJ Darcl offers multimodal capabilities and is a market leader in the full truckload (FTL) segment. The Warehousing and Distribution (W&D) division of CJ Darcl, which has leased the space from IndoSpace offers, services such as shelf-life maintenance, product mixing, packaging, cross-docking, bar-code scanning, order-fulfilment and other ancillary services.

Built on a plot spread across 64 acres, IndoSpace Narasapura Industrial and Logistics Park located just 54 kilometres from Bengaluru city centre. The logistics park has Indian Green Building Council (IGBC) Platinum Rating.

Rajesh Jaggi, Vice Chairman – Real Estate, The Everstone Group, stated that “We’re thrilled to announce our partnership with CJ Darcl, extending a warm welcome to their team at our cutting-edge facility in Narasapura. This collaboration not only symbolizes our shared commitment to excellence but also strategically positions CJ Darcl to leverage IndoSpace’s expansive reach across 11 cities and 52 parks, facilitating their growth in key consumption and manufacturing hubs across India. Moreover, our Grade A and sustainable warehouses serve as a strategic advantage, providing CJ Darcl with the infrastructure needed to optimize operations and drive success in the dynamic logistics landscape.”

Commenting on the partnership, KK Agarwal, Managing Director, CJ Darcl Logistics Ltd., said, “We are delighted to announce our partnership with IndoSpace. This collaboration is a significant step towards enhancing our warehousing and distribution capabilities. Together, we aim to deliver exceptional value to our customers through advanced warehousing and distribution management solutions.”

Neeraj Bajaj, Head – W&D, CJ Darcl Logistics Ltd., stated, “At CJ Darcl, Warehousing and Distribution (W&D) is a key vertical in which we have established a strong presence. We believe this partnership with IndoSpace will open new avenues for growth and enhance our W&D capabilities. IndoSpace’s state-of-the-art infrastructure will enable us to optimize our logistics operations and strengthen our presence in across the country.”