CCI Group, a 4PL Integrated Logistics and supply chain company, has invested approximately Rs 640 crore in the development of phase-II of grade A logistics park in Polivakkam, Chennai. The company had invested Rs 250 crore in phase-I. Overall the project span across 20 lakh sq ft. Naresh Sharma, managing director of the company said, "Polivakkam is a key hub in CCI’s long-term expansion plans. The region is steadily becoming a logistics hotspot due to its proximity to the Sriperumbudur-Oragadam industrial cluster." With this latest investment, CCI Group has now allocated a total of Rs 890 crore towards the Polivakkam logistics hub. This expansion is structured into two segments, Phase 2A, a standard requirement facility set to be operational by mid-2025, and Phase 2B, dedicated to built-to-suit (BTS) solutions. Currently, CCI Group has presence across 48 cities, managing more than 15 million sq ft of owned warehouses and logistics parks. Globally, it operates in over 105 countries.
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