Allcargo Logistics bets on technology, integrated supply chains and India's growth story to outpace industry expansion
In a move aimed at facilitating a leadership transition at the Allcargo group, the company on Wednesday elevated Allcargo Global Ltd's Executive Director for North Asia Vaishnav Shetty to the position of Deputy Managing Director and inducted him as a member of the AGL Board of Directors. Vaishnav, the son of group founder and Chairman Shashi Kiran Shetty, will work closely with AGL Managing Director Adarsh Hegde, a statement said. The appointment has been approved by the Board of Directors, it added. AGL, the international supply chain arm of the Allcargo Group, accounts for as much as 80 per cent of the group's revenue. His elevation reflects the group's structured approach to succession planning and building a digital-first and future-ready organisation amid the ongoing restructuring exercise at the group, under which its businesses are being reorganised into four independent and focused entities, the company said. As part of this process, the group's international supply chain