AVG Logistics bags long-term transportation contract from Haldiram

AVG Logistics Ltd. | Logistics | Transportation & Logistics | BSE: 543910 | NSE: AVG

12 Jun 2026 Evaluate

AVG Logistics has secured a long-term transportation contract from Haldiram-Nagpur, one of India's most renowned food brands and a leading manufacturer of sweets, namkeen, snacks, ready-to-eat products, beverages, and other fast-moving consumer goods (FMCG) offerings. Under the contract, the company will deploy 100 dedicated vehicles to support Haldiram Nagpur's logistics and distribution requirements across the Western and Southern regions of India, along with key eastern states including Odisha, Bihar, and Jharkhand. The contract has been awarded for an initial tenure of three years and is expected to generate around Rs 35 crore in annual revenue for the company. This order plays an important role in the company's ongoing capacity expansion strategy and further strengthens its position in the FMCG logistics sector.

The addition of 100 dedicated vehicles will enhance the company's fleet capacity, enabling the company to efficiently cater to the growing transportation requirements of the FMCG industry. The expanded fleet will be strategically deployed across key distribution corridors, improving service coverage, optimizing turnaround times, and enhancing delivery efficiency across multiple regions. This capacity augmentation aligns with the company's strategic objective of scaling operations through long-term dedicated contracts with leading industry players. The contract is expected to improve fleet utilization, enhance operational efficiencies, and provide greater revenue visibility over the medium term, thereby reinforcing the company's leadership position in the FMCG logistics segment.

AVG Logistics offers their customers services in three key areas like transportation whereby they provide point-to-point, less-than truck-load, time-definite transportation services; warehousing whereby they provide warehousing, distribution and cold-chain warehousing; and value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts.

AVG Logistics Share Price

177.75 9.80 (5.84%)

12-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
Allcargo Logistics	8.91
TVS Supply Chain Sol	131.55
Container Corp	450.20
Delhivery	440.05
Mahindra Logistics	337.50
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