Valet self-storage operator SafeStorage has expanded its footprint in its headquarters city of Bengaluru, India. The company now operates more than 30 warehouses in the municipality comprising 520,000 square feet. Its largest facility, on Soukya Road, comprises 200,000 square feet across 8 acres. It intends to add another warehouse by July and expand to other areas of the city, according to the source.
CEO Ramesh Madisetty attributes the company’s growth to a rise in storage demand stemming from lockdowns connected to the coronavirus pandemic. The spread of COVID-19 prompted many companies to allow employees to work from home, which triggered some staff to vacate rented apartments in the city and return home to other areas. Many of those who relocated needed somewhere to store furniture and other belongings, the source reported.
“Being the largest self-storage company in India, we are setting up new standards and rising bars across self-storage industry,” Madisetty told the source. “All our warehouse shutters are technology-enabled, and we are trying to make use of automation in every possible way to secure customer goods. We ensure safety protocols are followed diligently at all our facilities. We also believe in transparency; hence, everything we do is meticulously recorded and shared with customers. Our aim is to be a one-stop shop for storage and logistics solutions in the country.”
Founded in 2015, SafeStorage operates in five cities, with plans to expand to nine municipalities by the end of the year. It currently provides services to about 10,000 customers in Bengaluru, Chennai, Hyderabad, Mumbai and Pune, according to its website.
Source:
Manufacturing Today, SafeStorage Strengthens Its Competencies in Bengaluru
