CJ Darcl Logsq ftcs Expands Operations with Major Lease in Indospace’s Narasapura Industrial & Logistics Park

Over 1.25 lakh sq ft of warehouse space in the Narasapura Industrial and Logistics Park of IndoSpace in Karnataka has been leased by CJ Darcl Logistics (CJ Darcl), a diversified multimodal logistics company, for a period of nine years.

In order to provide services like shelf-life maintenance, product mixing, packing, cross-docking, bar-code scanning, order fulfillment, and other ancillary services, the logistics company rented the space from IndoSpace.

"This partnership is a big step toward improving our distribution and warehousing capabilities. KK Agarwal, Managing Director of CJ Darcl Logistics, stated, "Together, we aim to deliver value to our customers through advanced warehousing and distribution management solutions."

Leading the full truckload (FTL) sector in India, CJ Darcl is a multimodal logistics service provider with broad capabilities. Using a "technology-first" approach, the company has constructed a vast pan-Indian network that includes road/FTL, rail/multimodal, air freight, and shipping/coastal transportation.

"At CJ Darcl, distribution and warehousing is a crucial vertical where we have grown significantly. We think that working with IndoSpace will expand our growth prospects and improve our W&D capabilities. We will be able to maximize our logistical operations and bolster our national footprint with the help of IndoSpace's cutting-edge infrastructure. - Neeraj Bajaj, CJ's Head of W&D.

Situated just 54 kilometers from Bengaluru's downtown, the 64-acre IndoSpace Narasapura Industrial and Logistics Park is well-positioned. The logistics park has additionally been awarded a Platinum Rating by the Indian Green Building Council (IGBC).

Rajesh Jaggi, Vice Chairman of Real Estate at The Everstone Group, commented on the development, saying, "This partnership not only represents our common dedication to quality but also strategically places CJ Darcl to take advantage of IndoSpace's wide reach across 11 cities and 52 parks, supporting their expansion in important manufacturing and consumption hubs throughout India. Furthermore, CJ Darcl has a strategic edge because of our Grade A and sustainable warehouses, which provide them with the tools they need to succeed in the ever-changing logistics industry and maximize operations.

One of the biggest developers of Grade A industrial and logistics real estate, IndoSpace presently has 52 logistics parks in 11 cities, totaling 58 million square feet in delivered and under-developed space.