Hindalco boosts presence in logistics, aims to lower India's cost by 15%

Hindalco Industries, the flagship company of Aditya Birla Group, is strengthening its presence in India’s transportation segment, to help lower logistics cost by 10-15 per cent.

“We are entering the Rs 1000 crore truck-and-trailer market in India, replacing the existing mild-steel usage with aluminium alloy,” managing director Satish Pai told Business Standard. “This will bring down logistics cost in the segment by 10-15 percent as the lightweight aluminium vehicle will carry more tonnage,” he added.

Aluminium trailers along with the recently launched bulkers are the two consumer-facing products the company is looking to establish in the domestic market. These trailers