French logistics solutions provider FM Logistic plans to invest $20m in expanding its operations in India with technology-led supply chain services. The move will enable the company to enhance fourth-party logistics (4PL) and LLP services and the control tower (CT) facility inaugurated in Pune on 20 June 2022 will provide centralised services with end-to-end visibility. FM Logistic expects to add multi-client centres, technology and talent, and plans to increase its warehouse footprint to 10m sq ft in the next two to three years.
Source: Link