SAASTHA WAREHOUSING LTD FTZ ON A/C OF SCHLUMBERGER ASIA SERVICES LIMITED

Saastha Warehousing Ltd FTZ ON A/C OF Schlumberger Asia Services Limited is a logistics and warehousing service provider, not a factory or a trader.

Company Profile:

Location: India

Business Type: Logistics and Warehousing Service Provider

Introduction:

Saastha Warehousing Ltd operates a specialized Free Trade Zone (FTZ) facility in India dedicated to providing comprehensive warehousing, logistics, and supply chain management services on behalf of Schlumberger Asia Services Limited.

Nature of Operations:

This entity functions as a third-party logistics (3PL) provider, specifically managing the storage, handling, and distribution of goods for Schlumberger. The "ON A/C OF" designation clarifies that Saastha Warehousing is performing these services as a service provider to Schlumberger Asia Services Limited, leveraging the benefits and strategic advantages of an FTZ.

Role for Schlumberger:

For Schlumberger, a leading global technology company for the energy industry, this FTZ facility serves as a critical hub for storing a wide array of products, including specialized oilfield equipment, tools, spare parts, and materials. Operating within an FTZ allows for streamlined import/export processes, customs duty deferral, and efficient inventory management, supporting Schlumberger's extensive operations in the region and across Asia.

Key Activities:

Storage and inventory management of goods within the Free Trade Zone.

Handling of incoming and outgoing shipments.

Potentially includes value-added services such as kitting, labeling, or light assembly, as permitted within FTZ regulations, before goods are either imported into the domestic tariff area or re-exported.

Facilitating the supply chain for Schlumberger's various projects and operational needs.

In essence, Saastha Warehousing provides the necessary infrastructure and expertise to manage Schlumberger's complex logistics requirements within a customs-advantaged environment, ensuring efficient and compliant movement of their critical assets.

SAASTHA WAREHOUSING LTD FTZ ON A/C OF SCHLUMBERGER ASIA SERVICES LIMITED stores goods but does not manufacture or sell products. It provides warehousing services for Schlumberger Asia Services Limited. Therefore, there are no products manufactured or sold by Saastha Warehousing.