The Transport Corporation of India (TCI) announced on Thursday the opening of one of its largest warehouses in Kolkata. Situated in CGTA Nagar, the sprawling facility spans nearly three lakh square kilometres and is built on 10.5 acres of land.

This multimodal facility is strategically positioned as a hub for the eastern and northeastern regions. In addition, the facility will facilitate cross-border trade with neighbouring countries, including Bhutan and Bangladesh, as well as Southeast Asia. It is equipped to serve a diverse assortment of industries, including automotive, e-commerce, FMCG, retail, textiles and others. It also offers cold-chain solutions.

“Our new warehouse in Kolkata reflects the growing economic activity in the region, fuelled by positive policies by the respective state governments, as well as by the increased connectivity with Northeast India on the back of various strategic investments in infrastructure by the Government of India,” said Manoj Kumar Tripathi, CEO, TCI Supply Chain Solutions, in a statement.

According to Tripathi, this state-of-the-art facility will feature modern designs that prioritise sustainability and will serve a diverse range of industries, supporting their operations across Eastern and Northeastern India, as well as the country’s neighbouring regions. “It has a futuristic design and is one of the most eco-conscious facilities of its kind, thus also making it an optimum choice for the industry to make their supply chains relatively greener,” he added.

The warehouse is constructed with fly ash bricks, features rainwater harvesting, utilises natural lighting, and employs low-VOC paints, among other eco-friendly elements. It also has ultra-flat laser screed flooring, robotics-ready infrastructure, and energy-efficient systems designed for high-volume and future-proof operations.

TCI reported a first-quarter revenue of ₹1150.6 crore, a growth of 9% from the year-ago period. During the same period, it reported a net profit of ₹107.2 crore, representing a year-over-year growth of 17.1%. “Overall economic trends were moderate this quarter with mixed sectoral trends,” the company said in a presentation.

According to Vineet Agarwal, managing director of TCI, the company is seeing that, although the first quarter has been slightly weaker, it should start to see a pickup subsequently. The company’s revenue and profit growth outlook remains at 10-12%.