Home / Knowledge / News / Textiles / AFL & Dachser join hands

AFL & Dachser join hands

26
Apr '07
AFL and Dachser join hands to set up India's most global cargo company Kempten/Mumbai. AFL, India's leading logistics & express service provider, has hived off its Cargo division into a joint venture with DACHSER GmbH & Co KG, one of the largest logistics groups in the world.

The new company is called AFL DACHSER Pvt. Ltd., and the partners each have a 50 percent stake. AFL DACHSER will have 495 employees based out of 30 branches in India. It will be headquartered in Mumbai.

The board members of the new Company are AFL chairman and managing director Cyrus Guzder, AFL director Farokh Guzder and Dachser managing directors Bernhard Simon and Thomas Reuter, while Detlev Janik, incumbent 'Global Head - Cargo', AFL, has been appointed CEO of the new joint venture Company. “Dachser is systematically expanding its international logistics network for the benefit of its customers,” says Thomas Reuter, managing director of Dachser Air & Sea Logistics.

“This joint venture means, we can now offer our customers across the globe, direct access to one of the key economic regions of the future. Dachser has already been working in partnership with AFL for over ten years now, and this has helped us to become one of the market leaders,” adds Reuter. The entire region is now being linked even more comprehensively to the global Dachser logistics network.

Cyrus Guzder, chairman & managing director of AFL said “The joint venture offers Indian customers a number of advantages in their export activities, and the new connections with Dachser's European overland network gives them a real competitive edge.


Must ReadView All

Pic: ADB

Textiles | On 22nd Sep 2021

ADB trims developing Asia 2021 growth outlook to 7.1%

The Asian Development Bank (ADB) lowered its 2021 economic growth...

Pic: Shutterstock

Textiles | On 22nd Sep 2021

Mexican cotton outlook seems promising in MY 2021-22: TexPro

Mexican cotton outlook has been improving gradually due to...

Pic: Shutterstock

Apparel/Garments | On 22nd Sep 2021

Bangladesh RMG exporters fear losses due to problems at airport

Apparel exporters in Bangladesh are expecting significant losses for...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search