APM Terminals Inland Services Chennai warehouseGlobal terminal operator, APM Terminals, has said its Inland Services division in South Asia has signed an agreement with Volvo Cars to provide a finished vehicle storage warehouse at the port of Chennai in India for imports from Europe.

The 9,500 sq.m facility will include bonded and non-bonded areas with an overall capacity of 500 vehicles.

“We are pleased to be the exclusive Indian partner for inland logistics and services solutions for Volvo Cars, one of the world’s best known and highly respected automotive brands,” said APM Terminals India’s managing director, Ajit Venkataraman.

A spokesperson for Volvo Cars said that sales of its models in India have grown over the past three years.

“We look forward to using APM Terminals Inland Services, South Asia’s facilities, as we prepare for high growth in India by launching new models and expanding our network, our cars will be in safe care,” said Tom von Bonsdorff, managing director, Volvo Auto India.