PROJECT

Projects

Summary of Investment Information

Project Number

33009

Company Name

SNOWMAN LOGISTICS LIMITED

Date SPI Disclosed

Feb 7, 2013

Country

India

Region

South Asia

Projected Board Date

Mar 15, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - INF Asia & Pac

Industry

Infrastructure

Previous Events

Approved : Apr 15, 2013
Signed : Apr 22, 2013
Invested : May 24, 2013

Sector

Storage (Including Agricultural Products)

Project Description

Snowman Logistics Limited (Snowman or the Company) is an integrated temperature-controlled logistics (TCL) provider with a pan-India presence. Its primary business lines are:

Storage: Snowman provides temperature controlled storage services to a number of industries. It has an aggregate capacity of 33,400 pallets spread over 18 locations.
Transportation: Snowman offers temperature controlled transportation services for both long distance transportation and regional distribution to individual retail hubs, with its fleet of 158 reefer vehicles.
Consignment agency: Snowman’s offerings under this division include a range of supply chain services including inventory management, order collection, etc.

As part of this Project, Snowman proposes to set up storage facilities at two new locations in Orissa and Gujarat (the Project).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation