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Stellar Value Chain Solutions to invest ₹200 crores in D2C fulfillment space

Tuesday 10th Jan 2023    239
Stellar Value Chain Solutions to invest ₹200 crores in D2C fulfillment space
 

Stellar Value Chain Solutions, one of the leading providers of technical 3PL warehousing and distribution solutions, plans to invest around ₹ 200 crores in the next 3-4 years to build modern, technical fulfillment centers exclusively for D2C (Direct-To consumer) brands.

The company plans to scale up its cumulative D2C fulfillment space to approximately 7 million square feet in Mumbai, Delhi, Bengaluru, Chennai, Hyderabad and Kolkata by 2026.

The D2C fulfillment centers will be located in key strategic locations and will serve all industries, with a major focus on electronics, fashion, FMCG and home furnishings. Stellar Value Chain Solutions is considering onboarding approximately 20 D2C brands as its first pool of D2C customers.

These centers will be equipped with advanced technologies that will provide the D2C brands with new supply chain solutions while developing smarter 3PL strategies. The centers also offer fast shipping and efficient returns management.

Anshuman Singh, Chairman & Director of Stellar Value Chain Solutions Pvt. Ltd. said, “With the increase in adoption of digital channels and technologies, as well as the robust growth of the start-up ecosystem, India is in the midst of a D2C revolution. We intend to develop a strong supply chain backbone for emerging and growth-oriented D2C brands by rolling out state-of-the-art D2C fulfillment centers in key consumption hubs across India. We have always been at the forefront of our mission to strengthen our service offerings, and the plan to launch a D2C fulfillment center is in line with that outlook. Our technology-based fulfillment centers, along with modern transportation solutions, will help D2C brands deliver a superior customer experience. Our greater goal is to support large-scale entrepreneurship across the country with our differentiated supply chain services.”

In addition, the fulfillment centers will adopt a green logistics model to ensure environmental sustainability. Stellar Value Chain Solutions has plans to increase the hiring of professionals at both management and operational levels to ensure the efficient operation of the D2C fulfillment centers. The company will also provide real-time visibility and routing facilities to help D2C brands build efficient logistics transportation capabilities.

Stellar Value Chain Solutions is headquartered in Mumbai and it has over 14 million square feet of state-of-the-art premium storage and distribution centers in 21 major cities. Its clients include more than 1,000 companies in various industries.

 
 
 
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