#Venture logistics india install#
#Venture logistics india driver#

At the same time, the joint venture’s plans call for developing a Level 4 heavy truck in the next three to five years. The FAW J7 L2 was created to address the desire of shippers and fleet operators to start using the semi-autonomous technology that is available today.

#Venture logistics india driver#

and China, the FAW J7 L2 truck offers semi-autonomy to automate driving activities and reduce human error and driver fatigue, and provide safety improvements and fuel optimization, according to Cupertino, Calif.-based Plus.ai, which was founded in 2016.

LOGOS Luhari Logistics Estate is part of the LOGOS India Logistics Venture with Ivanhoé Cambridge, which has US$800 million in investment capacity to develop and own high-quality, modern industrial and logistics facilities in key markets of India.Tested through pilots in the U.S.

#Venture logistics india install#

LOGOS also plans to install over 10 MW of rooftop solar plants across its industrial and warehousing parks in India over the next three years to cater to clean energy requirements. As part of the same, MLL is establishing new facilities which comply with IGBC/LDEED certification standards. The company has also undertaken several sustainable initiatives, focused on carbon neutrality, circularity, and resource conservation. It has also committed to limit global warming to 1.5☌, as per the Paris Agreement of Climate change. Mahindra Logistics is one of the few companies in the logistics sector to receive validation from Science Based Targets Initiative (SBTi) in reducing carbon emissions. This solar installation will create sustainable and efficient logistics facilities, reduce carbon footprint and offer our customers environmentally responsible solutions”. LOGOS’ India Head of Asset Management and New Initiatives, Ankit Samdariya, said, “We are thrilled to partner with a sustainability-focused customer to bring renewable energy to our Luhari Logistics Estate. We are seeing strong demand from customers wanting to establish world class and sustainable infrastructure, and this project reflects the evolving appetite for exceptional sustainable performance”. LOGOS’ India CEO, Mehul Shah, said, “Sustainability is a core part of our business, and we are very proud to continue to deliver sustainable solutions for our properties and customers through this new solar installation. At Mahindra Logistics, we continue to provide integrated, customised solutions through a sustainable ecosystem and thank our partners – LOGOS for supporting us in our journey towards carbon neutrality”. Offering large format, multi-client, net zero, state-of-the-art warehousing infrastructure is an effort towards green logistics. Rampraveen Swaminathan, Managing Director and CEO, Mahindra Logistics Limited, said: “Our commitment to becoming carbon neutral by 2040 is an endeavour to lead the logistics industry by example. The facilities are designed in line with MLL’s sustainability standards, renewable energy, and waste management requirements including liquid discharge management as well as state-of-the-art automation. This warehouse is a part of Mahindra Logistics Pan-India network of multi-client facilities that manage the fulfilment and distribution of its clients’ services within the e-commerce, consumer, and engineering industries. LOGOS Luhari Logistics Estate is a 125-acres state-of-the-art warehousing park with industry-leading sustainability features including at least 10 acres of Miyawaki Forest Plantation, EV charging infrastructure, and IGBC-Platinum certified buildings. In 2021, LOGOS and Mahindra Logistics entered into India’s largest lease with a single warehouse estate located off NH8 in Delhi-NCR region. This saving is equivalent to the amount of CO2 absorbed by a 240-acre forest and is also equipped for solar charging of cargo and personal mobility vehicles. The facility now, has 500 KW installed roof top solar panel, providing for more than two-third of Mahindra Logistics electricity requirement saving circa 12,000 tonnes of CO2 over its lifetime. With this transformation in Luhari, MLL’s total renewable powered warehouses are now over 4MN sq. New Delhi, May 24, 2023: Mahindra Logistics Limited (MLL) – country’s largest integrated logistics solutions providers along with LOGOS – leading Asia Pacific logistics specialist and Venture partner Ivanhoe Cambridge, transforms India’s largest warehousing facility, in a single park, towards net-zero. Mahindra Logistics and LOGOS with its venture partner Ivanhoe Cambridge pave way for green logistics transforms India’s largest warehousing facility of 1.4MN towards Net-Zero Thursday 25th May 2023 ~ Conserving 50,000 units monthly, the installed solar panel will provide for more than two-third of Mahindra Logistics electricity requirement while saving an equivalent of CO2 absorbed by a 240-acre forest ~