TVS Supply Chain Solutions has established a 40,000 sq ft warehouse at the Free Trade and Warehousing Zone (FTWZ) in Mannur village, located approximately 30 km from Chennai. According to reports from CNBC TV18 and ScanXNews, this facility is designed to strengthen Caterpillar India Pvt Ltd's global supply chain operations by enabling multi-country sourcing of components and supporting Caterpillar's manufacturing operations through streamlined global parts procurement. The facility features approximately 4,000 pallet positions and is strategically located along the Chennai-Bengaluru Industrial Corridor, providing optimal connectivity for Caterpillar's global operations in the region.
The modern facility offers strong connectivity to the ports of Chennai, Ennore and Kamarajar, which together handle nearly 20% of India's container traffic. As reported by CNBC TV18 and ScanXNews, the warehouse benefits from this strategic location and is expected to help Caterpillar optimize lead times, reduce landed costs and respond more efficiently to fluctuations in global demand and supply. The facility's infrastructure enables Caterpillar to optimize lead times, reduce landed costs, and respond swiftly to global demand and supply needs, positioning it as a resilient and scalable base within their global supply network.
The development aligns with the government's 'Make in India for the World' initiative, positioning Caterpillar's India operations as a key node in its global supply chain network. According to the exchange filing reported by CNBC TV18 and ScanXNews, the FTWZ-based solution is expected to strengthen supply chain resilience amid global trade volatility by enabling faster and more efficient cross-border movement of goods. Ravi Viswanathan, Managing Director of TVS Supply Chain Solutions, emphasized that their tailored solution strengthens supply chain resilience amid global trade volatility, combining the FTWZ model with their end-to-end warehousing capabilities to enable faster and more efficient global supply chain movements.
Ramesh Muthuraman, Director of Operations at Caterpillar India, stated that the facility enhances sourcing flexibility and helps the company manage complex multi-country supply chains more effectively. As reported by CNBC TV18 and ScanXNews, TVS Supply Chain Solutions also manages Caterpillar's external warehouse operations in Hosur and in-plant warehousing, deploying dedicated and trained personnel to support the company's manufacturing operations. Over the past five years, TVS Supply Chain Solutions and Caterpillar have established a collaborative relationship built on operational excellence, trust, and a shared commitment to creating resilient, future-ready global supply chains.
Shares of TVS Supply Chain Solutions ended marginally lower on Tuesday, March 10, declining by 0.65% to ₹106.00 on the NSE, according to CNBC TV18 reports. This modest decline occurred despite the positive development of establishing the new warehouse facility for Caterpillar India, reflecting the market's cautious response to the company's operational expansion news. The company's recent Q3 FY26 performance showed strong financial results with ₹2,715.8 crores revenue and 11.1% year-on-year growth.
