ASCENDAS PANVEL FTWZ PVT LTD

ASCENDAS PANVEL FTWZ PVT LTD is neither a factory nor a traditional trading company. It is a developer and operator of a Free Trade Warehousing Zone (FTWZ).

Company Introduction:

ASCENDAS PANVEL FTWZ PVT LTD is a key player in India's logistics and industrial real estate sector. The company is primarily involved in the development, management, and operation of Free Trade Warehousing Zones (FTWZ). An FTWZ is a special customs-bonded area designed to facilitate international trade by providing integrated warehousing, logistics, and value-added services within a duty-free environment.

Role and Services:

As an FTWZ developer and operator, ASCENDAS PANVEL offers state-of-the-art infrastructure and services that enable businesses to efficiently manage their import, export, and re-export operations. Goods stored within the FTWZ are exempt from customs duties until they are cleared for domestic consumption, offering significant financial and operational advantages to companies.

The range of services provided typically includes:

Warehousing and storage facilities for various types of goods.

Logistics support and supply chain management solutions.

Customs clearance and compliance facilitation.

Value-added services such as kitting, labeling, packaging, quality control, and minor assembly.

Infrastructure for seamless movement of goods for international trade.

Target Clientele:

The company serves a diverse clientele, including multinational corporations, manufacturers, e-commerce companies, and logistics providers who seek to optimize their supply chains, reduce costs, and benefit from streamlined customs procedures for their international goods movement.

Location:

The ASCENDAS PANVEL FTWZ is strategically located in Panvel, Navi Mumbai, an important industrial and logistics hub in India, offering excellent connectivity to major seaports, airports, and national highways.

In summary, ASCENDAS PANVEL FTWZ PVT LTD functions as a provider of specialized logistics infrastructure and services, supporting and enabling efficient international trade for its client businesses, rather than manufacturing goods or engaging in direct buying and selling of commodities. They are a real estate developer and service provider in the logistics and warehousing domain.

ASCENDAS PANVEL FTWZ PVT LTD is a Free Trade Warehousing Zone (FTWZ). FTWZ companies typically do not "manufacture" or "sell" products in the traditional sense. Instead, they provide services related to the storage, handling, and distribution of goods for import and export. These services often include:

* Warehousing

* Inventory management

* Customs clearance

* Logistics and transportation

* Value-added services like labeling, packaging, and minor processing

Therefore, Ascendas Panvel FTWZ Pvt Ltd facilitates the movement of various products, but it does not directly produce or sell specific items. The types of goods handled would depend on their client companies and the trade flows through the zone.