Focus will be on express, last-mile biz, not cold chain: AllCargo's Shetty

The chairman of AllCargo Logistics says his aim is is to double the margin in the express segment to 10%

Shashi Kiran Shetty, Chairman, Allcargo Logistics Ltd
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Shashi Kiran Shetty, Chairman, Allcargo Logistics Ltd

Aditi Divekar Mumbai
With expansion of e-commerce businesses, the express industy holds strong growth potential. AllCargo Logistics is set to capture the opportunity through its deal with Gati, pioneer in the industry. In a telephonic interview with Aditi Divekar, Allcargo’s Chairman Sashi Kiran Shetty talks about the company’s growth plans. Edited excerpts:

With a stake in Gati, you now have a presence in heavy investment cold chain business. How do you plan to grow this business?

In cold chain, we do not intend to put huge capital, atleast initially, as we need to understand this business. We could look to getting into collaboration in the

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First Published: Dec 06 2019 | 7:59 PM IST

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