HomeFM Logistic to Deploy Electric Vehicles (EVs) in Bengaluru for WayCool Foods

    FM Logistic to Deploy Electric Vehicles (EVs) in Bengaluru for WayCool Foods

    FM Logistic India on Monday said it will deploy electric three-wheelers for intra-city deliveries in Bengaluru for agri-commerce company, WayCool Foods.

    The Pune-based third-party logistics (3PL) services provider will be helping WayCool to carry out hyper-local deliveries to local kirana stores, supermarkets as well as end consumers in Bengaluru, it said in a release. WayCool is a leading player in FMCG and food segments.

    FM Logistic is also looking to deploy at least 50 EVs(electric vehicles) in its operations and expand geographical areas under its green distribution network by the year-end, according to the release. FM Logistic said, “sustainability is at the heart of our operations. When WayCool approached us to help them to develop a green network, we were excited to be able to provide them with a green distribution offer to help fulfill their delivery commitments within city limits.”

    “We are committed to reducing the impact of our business activities on the environment. We are focused on helping our customers to develop and maintain a sustainable supply chain,” said Alexander Amine Soufiani, Managing Director – FM Logistic India. The newly-launched EVs are part of FM’s initial pilot to check for their effectiveness to carry out urban and hyper-local deliveries, the company said, adding these vehicles will be used to carry out intra-city deliveries for their customers in the FMCG, food, pharma, and retail segments. “Our partnership with FM Logistic is another step towards advancing fleet electrification. To start, we will have EVs constituting 5 percent of our total fleet and will continue to increase it,” Amrit Bajpai, COO, WayCool Foods, said.

    WayCool is committed to sustainable actions and innovations to drive efficiency across the agri-commerce value chain, he added.

    A key 3PL player in the domestic market, FM Logistic has a presence over 90 locations and manages over six million sq. ft. of warehousing space, providing warehousing and distribution logistics services for the FMCG, retail, automotive, e-commerce, engineering, telecom, and pharma segments, among others

    ELE Times News
    ELE Times Newshttps://www.eletimes.ai/
    ELE Times provides extensive global coverage of Electronics, Technology, and the Market. In addition to providing in-depth articles, ELE Times attracts the industry’s largest, qualified, and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build experience, drive traffic, communicate your contributions to the right audience, generate leads, and market your products favorably.

    Related News

    Must Read

    STMicroelectronics’ new GaN ICs platform for motion control boosts appliance energy ratings

    STMicroelectronics unveiled new smart power components that let home...

    Keysight Hosts AI Thought Leadership Conclave in Bengaluru

     Keysight Technologies, Inc. announced the AI Thought Leadership Conclave, a...

    Government approves 17 projects worth Rs. 7,172 crore under ECMS

    The Ministry of Electronics and IT announced for the...

    BD Soft strengthens cybersecurity offerings for BFSI and Fintech businesses with advanced solutions

    BD Software Distribution Pvt. Ltd. has expanded its Managed...

    Advancing Quantum Computing R&D through Simulation

    Courtesy: Synopsys Even as we push forward into new frontiers...

    Overcoming BEOL Patterning Challenges at the 3-NM Node

    Courtesy: Lam Research ● Controlling critical process parameters is key...

    Driving Innovation with High-Performance but Low-Power Multi-Core MCUs

    Courtesy: Renesas Over the last decade, the number of connected...

    Evolving from IoT to edge AI system development

    Courtesy: Avnet The advancement of machine learning (ML) along with...

    From the grid to the gate: Powering the third energy revolution

    Courtesy: Taylor, Robert, Mannesson, Henrik, Texas Instruments A significant change...

    Rohde & Schwarz India Pvt. Ltd. unveils R&D Centre in New Delhi, India

    Rohde & Schwarz announced the expansion of its Research...