Chennai: SEQUEL Logistics, India's leading logistics company, has inaugurated its third and largest Free Trade Warehousing Zone (FTWZ) bullion vault at MEPZ (Madras Export Processing Zone), Tambaram, Chennai.

Strategically located 8 km from Chennai International Airport and 24 km from Chennai Port, the facility offers seamless connectivity for both air and sea consignments. Positioned in South India's prominent jewelry market, the vault ensures next-day service to major Indian cities through robust air and road networks.

Mr. Alex Paul Menon, IAS, Development Commissioner, MEPZ, praised SEQUEL's initiative, emphasizing MEPZ's commitment to fostering high-value industries with world-class infrastructure. “This facility strengthens MEPZ's role as a global trade hub,” he said.

Mr. Rajkumar S, Founder & MD, SEQUEL Logistics, highlighted the 37,000 sq. ft. vault's global standards, underscoring its secure and efficient operations tailored for the bullion industry.

Established in 1984, MEPZ SEZ drives industrial growth, hosting over 300 export-oriented units. In FY 2023-24, the region recorded ₹1.82 lakh crore in exports, contributing significantly to Tamil Nadu's economy.

Headquartered in Bengaluru, SEQUEL Logistics specializes in critical logistics, managing secure cargo for metal exchanges, banks, and jewelers.

Its extensive domestic network spans 700+ towns and 8,000+ pin codes.