-33.60 (-2.40%) Adani Ports and Special Economic Zone’s (APSEZ’s) subsidiary Adani Logistics has signed an agreement with NYK auto logistics India to form a joint venture which specialise in transportation of finished vehicles using automobile freight trains. The joint venture aims at strengthening the finished vehicles transportation service network in the country.
APSEZ is part of Adani Group with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution. APSEZ represents a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.