Coldman Logistics, the Mumbai-based warehousing and distribution company, laid the foundation stone for construction of a new temperature controlled warehouse.

Dev Anand, Director, Coldman Logistics, in a statement said Sri City is an ideal location offering huge opportunities, superior connectivity to Chennai, Ennore and other ports and infrastructure required for business.

"We will be expanding our network to other ports and major cities on pan India basis by building state-of-the-art temperature controlled warehouses, which will cater to food, pharma and other industrial products in next two years," he added.

Coldman Logistics is a leading cold chain warehouse and logistics solutions provider in the Western region of India. It proposes to build a large cold chain warehouse in a plot of 5 acres at an investment of Rs 60 crore.

It will have five variant temperature zones along with dry warehousing and vegetable processing area. This warehouse can cater to the storage needs of food, pharma, processing of pre-cut vegetables for export and domestic consumption and other industrial products. The facility which is expected to be ready by early April 2017 will provide jobs locally for about 50 people.

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