French contract logistics provider, FM Logistic, inaugurated its first Control Tower (CT) facility in Pune on Tuesday. The Control Tower is part of FM’s strategy to enhance its 4PL and LLP offerings.
Jean-Christophe Machet, CEO of FM Logistic, Stéphane Descarpentries, Managing Director, Asia and Strategic Projects, Alexandre Amine Soufiani, Managing Director, FM Logistic Singapore and Ajit Jangle, Managing Director, FM Logistic India attended the event. Through this new offering, FM Logistic will provide its customers all across the country with centralised transportation control tower services that offer end-to-end visibility.
FM Logistic has invested around US$ 100 million in India since 2016 and will be investing another US$ 20 million over the next 12-18 months. Sector wise, auto forms nearly 15 percent of their total business.
About this achievement, Jean-Christophe Machet said, “At FM Logistic, we are always willing to adapt to the current market demands. The COVID-19 pandemic has confirmed that it is critical for supply chains to cater to the ever-changing needs of the business. Our new control tower solution in India reaffirms our commitment to helping our customers meet their growing business needs efficiently, by offering mutualised solutions enabling more sustainable and economical supply chains.”
FM Logistic India’s newly appointed Managing Director, Ajit Jangle, added, “It gives me immense pleasure to inaugurate our new Control Tower facility. We continue to strengthen our leading position in India through this sophisticated digital solution. This new offering provides consolidation, optimisation and efficiency – all the prerequisites for a robust supply chain. In today’s volatile business environment, it is imperative to build and maintain robust and resilient supply chains. Through this new service, we are certain that we will ensure the future readiness of our customers’ supply chains and in turn, delight them. By means of this technology-driven solution, we will efficiently enable our customers to expand their business horizons.”
India’s logistics sector is expected to grow from a $200 billion market in 2020 to $320 billion by 2025. Backed by the Indian government to further strengthen supply chains with the introduction of the National Logistics Policy in September 2022, India continues to draw attention as a major logistics hub in Asia. To keep its leading hub status, Indian supply chains need to be customer-centric requiring greater use of digital technologies. In the quest for visibility and greater customer centricity, more companies have implemented or are considering rolling out a supply chain control tower.