CABT Logistics to set up 120 micro-warehouses
CABT Logistics will make an investment of USD eight million (around Rs 64 crore) for setting up around 120 micro-warehousing facilities across the country. The micro-warehousing facilities will be set up in a phased manner.
In Phase-I, 75-80 micro fulfilment centres will be established in Tier-I cities, including Delhi-NCR, Bengaluru, Kolkata, Pune and Mumbai.
In Phase-II, remaining micro-warehouses will come in Tier-II and Tier-III cities. The company had set up 17 micro-warehousing facilities at different locations in 2021.
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