SEQUEL LOGISTICS, sets up its third and largest FTWZ (Free Trade Warehousing Zone) bullion vault at MEPZ (Madras Export Processing Zone), Tambaram. After establishing the first FTWZ and IIBX vault at GIFT IFSC, Gandhinagar, Gujarat, SEQUEL has now set up its largest FTWZ vault at MEPZ, Chennai.

MEPZ-Tambaram is strategically located within 8 kms from the Chennai International Airport and 24 kms from the Chennai (Sea) Port. This provides SEQUEL with the best connectivity from across the world, with secure and shortest route from the Port to the FTWZ and hence ideal for both Air and Sea consignments.

Located in the largest jewellery consuming region of South India, Chennai city has excellent direct air and road connectivity to all the major consuming markets in India, ensuring that SEQUEL’s FTWZ is able to service the market requirements within a day.

Speaking at the inauguration, Alex Paul Menon, IAS, Development Commissioner, MEPZ, said, “We are delighted to welcome SEQUEL Logistics to MEPZ with the establishment of India’s largest bullion FTWZ vault. This facility reinforces MEPZ’s commitment to fostering a world-class business ecosystem that supports high-value industries with best-in-class infrastructure and seamless logistics. The strategic location of MEPZ, coupled with our robust regulatory framework, makes it an ideal hub for global and domestic trade. We look forward to SEQUEL’s contributions in strengthening India’s position as a leader in the precious commodities sector.”

Rajkumar S, Founder & MD, Sequel Logistics said, “SEQUEL's FTWZ at MEPZ-Chennai is truly a game changer, especially where speed and security are paramount in the Precious Commodity industry. This Sequel’s 37,000 sq ft. facility at MEPZ-Chennai makes it one of the largest & safest Bullion vaults in India, at par with the best Vaults in the world. MEPZ's highly efficient, compliant and process driven approach, guided by its strong leadership, makes MEPZ the best place to do business. We at SEQUEL are extremely happy to offer this world-class, super-efficient service facility, to the Precious Commodity / Bullion fraternity in India and across the world.”

Courtesy: AOJ Desk News