The Minister for Foreign Affairs, Singapore, George Yeo, officially declared open the warehouse facility of the YCH India, Indian subsidiary of Singapore-based Logistics and Supply Chain Management Company, at SIPCOT Hi-tech SEZ near Sunguvarchatram on Thursday.
Declaring open the 5,25,000 sq.ft warehouse facility, the Singapore Minister lauded the YCH for its commitment and dedicated service which, he claimed, ensured that their clients sought their services even on a foreign soil.
Speaking on the occasion, the Chairman and Chief Executive Officer, YCH group, Robert Yap, said the company had adopted partnership method to penetrate Indian logistics market. The demand for logistic services would increase in near future with more and more special economic zones coming up.
The company expects to tap the inland logistic market potential to maximum possible extent, even though its principal objective was provide reliable supply chain management system, he added.