February 27 (LBO) – A 15-million dollar logistics centre which will speed up the flow of raw material and finished products at Bradix’s industrial park in India, would make the park more attractive to manufacturing units, officials said. Brandix is also building a 200 acre industrial park in Sri Lanka at Horana. The firm says its revenues are expected to grow by 28 percent in the year to March.
. A 200,000 square feet facility with an inland container terminal, computer controlled storage and handling of raw material, finished and semi-finished garments is expected to be ready by the end of 2007 at the 1,000 acre Visag Apparel City in Visakhapatnam.
“We will be able to offer a plug-and-play solution to any textile or apparel firm that comes to the park,” Brandix CEO Ashroff Omar told journalist here.
Brandix is a top apparel maker based in Sri Lanka with annual revenues of 300 million dollars.
Omar says the logistics centre would charge transaction based fees allowing manufacturing units with ‘lean inventories’ to gain cost efficiencies.
The facility may also offer centralized cutting and fabric finishing services which can push down costs further.
The logistics facility, which can be expanded to 400,000 s