CHENNAI: The Rs 1,000-crore NTC Logistics India Pvt Ltd (formerly Namakkal Transport) has expanded its footprints in the logistics sector with the launch of two new offerings — Everrenew Energy and SCINNTC — with a view to becoming a $1-billion company by 2025.
While Everrenew is a project management solution to the renewable industry, SCINNTC delivers synchronised supply chain solutions. Mr. K Chandramohan, Chairman and MD, NTC Group, said: “We strive to meet every customer’s dynamic supply chain demands with accuracy and are aiming to become a $1-billion company by 2025.” SCINNTC is expected to garner a turnover of Rs 500 crore in the next five years, while Everrenew will achieve Rs 300-Rs 400 crore in next 2-3 years, he added. Mr. S Jayasimman, President & COO (Renewables), said the company has been handling Over Dimensional Cargo such as wind mill blades for renewable energy companies like Siemens Gamesa. Everrenew is an extension of this business by offering customers a one-stop-solution to build projects from scratch to completion.
The service offerings include identification of land, data analysis to ascertain project viability, permits and approvals; land aggregation and development, including civil and electrical works, logistics, installation & commissioning, he said. Mr. V Balaji, CEO, SCINNTC, said the company has invested in warehousing space of over five million sq ft at strategic locations, including Penukoda at Ananthapur in Andhra Pradesh for the automobile sector. This facility will be close to Kia Motors’ facility and cater to suppliers of the South Korean major.
NTC Logistics will offer customers a complete warehouse management that include returnable packaging solutions and first and last mile connectivity. The company will also target other sectors such as industrial, life science, healthcare, energy, consumer & FMCG, he said.
