Mahindra Logistics kicks off ‘Go East’ strategy; to set up warehouses in Guwahati, Kolkata, Agartala, Patna
The company’s ‘Go East’ strategy envisages opening warehouses in key locations in eastern India
The company’s ‘Go East’ strategy envisages opening warehouses in key locations in eastern India
During the quarter under review, the company's revenue stood at ₹1,365 crore, up 0.22%, against ₹1,326 crore in the corresponding period of the previous year.
The industry is ready for takeoff with rising demand for Grade A facilities and high foreign investment inflows.
Mahindra Logistics has acquired B2B express business of Gurugram-based logistics firm Rivigo Services for cash consideration of ₹225 crore.
Mahindra Logistics expects a slower start to the year due to Ukraine crisis, and a pick up across segments in the later part of the year.