Allcargo Forays Into Express Logistics With GATI Acquisition
MOTORINDIA|December 2019
The deal is seen to be important considering that the express logistics industry is expected to reach Rs. 48,000 crores (USD 7 billion) by 2023

Allcargo Logistics Ltd., India’s largest integrated logistics solutions provider, has forayed into the express logistics space by acquiring a controlling stake in GATI Ltd., a pioneer in the segment. Through this transaction, Allcargo Logistics has added another domestic service to its portfolio by entering a segment which has been growing exponentially. It has now become the only Indian company to provide a comprehensive range of services including multimodal transport operations (MTO), container freight station operations and inland container depot operations (CFS-ICD), projects and engineering solutions, warehousing, distribution, contract logistics and logistics parks.

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