In a bid to create a cold chain infrastructure, Balmer Lawrie & Company is planning to invest Rs 165 crore. The company would set up three temperature-controlled warehouses in the national capital region, Hyderabad and Patalganga near Mumbai.
The planned investment would be to strengthen the company’s logistics business network across different regions in the country. The proposed end-to-end cold chain services would cater to the needs of pharmaceuticals, dairy products, meat and poultry items players. One warehouse will come up later in this financial year. The two others will follow in the next fiscal.
Balmer Lawrie & Company, a Government company and a Mini-Ratna Category / Public Sector Enterprise, operates one of the largest travel agencies in India affiliated to IATA.
