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Business News Today: Latest Business News, Finance News

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Hong Kong-based Crown Worldwide Group launches new facility in Coimbatore
2026-05-11 · via Business News Today: Latest Business News, Finance News

Hong Kong-based logistics and records management firm Crown Worldwide Group on Monday announced the launch of its new facility in India in Coimbatore.

The development marks a significant expansion for the company in India, one of the key global markets, and strengthens the ability to serve a growing client base with integrated storage and information management solutions, the company said in a statement.

Located on a 4.5-acre site, the facility is designed with future growth in mind and supports a phase 1 capacity of over 468,000 Standard Carton Equivalents (SCE), with expansion potential up to 720,000 SCE in phase 2 through an additional 45,000 sq ft, without disrupting ongoing operations, Crown Worldwide said.

The facility will also support Crown Relocations and Crown Workspace, including its renewing centre, which focuses on refurbishing and reusing workplace assets, it said.

"As Asian economies continue to grow, so does the demand for infrastructure partners," said Jennifer Harvey, Group CEO, Crown Worldwide Group.

"India is one of our fastest growing markets, and this new facility strengthens our ability to support clients with physical document and corporate asset storage, digitalisation and information management solutions," she added.

India continues to be a key growth driver for Crown globally, with sustained demand across sectors and increasing need for secure, scalable information and asset management, the company said, emphasising that the launch of the facility reflects the group's continued investment in building long-term infrastructure aligned with this growth.

"We invest in markets with sustained growth and India continues to stand out in that regard. This facility significantly strengthens our ability to serve clients operating in and out of India," said Tze Shen Kong, CEO, Asia, Crown Worldwide Group.

"India is not just a growth market for Crown, it is increasingly central to how we are building capacity for the region," said Srinivas Krishnan, Regional Managing Director - South Asia, Crown Worldwide Group.

"This facility strengthens our network while preparing us for the scale and complexity of demand we are seeing from clients in South India," he stated.

Published on May 11, 2026