Allcargo Logistics, a publicly traded logistics solution provider with tenants including Amazon and Walmart-owned Flipkart, as well as sports retailers such as Decathlon, opened its Malur Logistics Park in Karnataka on Monday.
The Park, which is two million square feet in size and cost Rs. 700 crore to build, was inaugurated by Malur MLA KY Nanjegowda, Shashi Kiran Shetty, Chairman of Allcargo Logistics, and Venkat Raja, the DC of Kolar district. This logistics and warehousing park is now completely full. Allcargo's park will assist Karnataka in becoming a logistics hub that connects to the southern states of Andhra Pradesh and Tamil Nadu, making the state a desirable destination for large businesses.