GATI has concluded the joint venture with Japan’s Kintetsu World Express to form Gati-Kintetsu Express, to provide Express Distribution and Supply Chain Solutions in the country.
As per JV agreement, Gati will hold 70% stake and 30% will be held by Kintetsu World Express (KWE) in Gati-Kintetsu Express (GATI-KWE). GATI-KWE is a subsidiary of GATI.KWE has invested Rs 267.7 crore for its 30 per cent stake in the JV after getting nod from the Foreign Investment Promotion Board.
Gati is a leading player in express distribution and logistics and operates through two divisions - Express Distribution & Supply Chain (EDSC) and Coast- to-Coast (C2C) division.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 9.66 |
| TVS Supply Chain Sol | 114.75 |
| Container Corp | 526.50 |
| Delhivery | 469.75 |
| Mahindra Logistics | 395.30 |
| View more.. | |
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