Sam Industries has received approval to launch a new project i.e 'Shivaay LogiSpace' a Logistics Park with a total spread of around 20 acres to construct and lease warehouses at Village. Dakachiya, Tehsil: Sanwer, Indore, Madhya Pradesh. The Board has approved to launch yet another project i.e. a mixed-use commercial building on one of the most prominent high streets of Indore under the name of 'Shivaay One', which will be ready by the end of the financial year.
The Board has approved Letters of Intent (LOI) with M/s. Delhivery and M/s. Instakart Services (Flipkart) for constructing warehouses and to lease them. The Board has approved to borrow money from Banks upto Rs 30 crore for company's above-mentioned projects. The board of directors at its meeting held on July 22, 2023 has approved the same.
Sam Industries is one of the leading Soyabean processing units located in the hearts of the Soya belt in India. With its diversification plan the company has moved to Welding and Real Estate business.
