APM Terminals Inland Services,
South Asia has signed an exclusive agreement with Gothenburg, Sweden-based
Volvo Cars to provide a dedicated, specialised warehouse facility in Chennai.
The customised warehouse will provide an integrated Inland Services solution
for the Volvo Completely Built Up Units (CBUs) imported from Europe to India
through the Chennai port.
“The 102,000 square foot
facility will include bonded and non-bonded areas with an overall capacity of
500 vehicles. This specialised warehousing solution by APM Terminals Inland
Services is a step towards expanding its portfolio of customised solutions for
customers. We are pleased to be the exclusive Indian partner for inland
logistics and services solutions for Volvo Cars, one of the world’s best known
and highly respected automotive brands,” said APM Terminals India Pvt. Ltd.
Managing Director, Ajit Venkataraman.
Volvo Cars, a subsidiary of
the Chinese-based Zhejiang Geely Holding Group since 2010, has seen Indian car
sales grow rapidly in the past three years. India is now the world’s
fifth-largest passenger car market, after China, the USA, Japan and Germany.
India’s car sales have doubled since 2006, with approximately 2.7 million new
cars sold in in 2015, reflecting an increase of 7% over 2014, as the Indian
economy continues to expand at a brisk pace.
“We look forward to using APM
Terminals Inland Services, South Asia’s facilities, as we prepare for high
growth in India by launching new models and expanding our network, our cars
will be in safe care,” said Volvo Auto India Pvt. Ltd Managing Director Tom von
APM Terminals India Pvt. Ltd.
is a part of the APM Terminals- a Global Port, Terminals and Inland Services
operator comprising of 64 ocean ports and terminals in 39 countries, along with
135 inland services locations in 39 countries. APM Terminals India Pvt. Ltd.
has world-class CFS facilities at NhavaSheva, Chennai, Dadri and Cochin.
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