Safexpress announces Rs 100 cr investment in northeast

IANS  |  Guwahati 

Ahead of the much hyped Global Investment Summit, Safexpress, India's largest Supply Chain and on Friday announced an investment of Rs 100 crore in the northeastern region.

Safexpress, which has the largest Logistics Network in the northeast, is representing the Logistics industry at the Global Summit, which will be held in Guwahati from Saturday.

Of the 12 focus industries identified by the government for investment in northeast in general and in particular, logistics is one of the major industries.

"On this momentous occasion, we are pleased to announce an investment of Rs. 100 Crore in the Northeast region. We whole-heartedly support this wonderful initiative by to boost investment in this region," said Managing Director, on Friday.

The is seen as an icon in logistics industry, and hence was the flagbearer of the industry at this very prestigious Summit.

"Given the vital role plays in connecting northeast to the rest of the country, has recently built up an ultra-modern Logistics Park in Guwahati.

We have invested Rs 30 crore in creating this state-of-the-art Logistics Park," said Vineet Kanaujia, - Marketing,

"Northeast has always been a very high priority region for us. We have offices across the whole of northeast," he added.

--IANS

ah/pgh/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, February 03 2018. 00:28 IST