RLPL-CONCOR to focus on End to End Inter Modal Logistics Solutions

24 Sep '07

2 min read

Reliance Logistics Pvt Ltd (RLPL), an Associate Company of Reliance Industries Ltd and Container Corporation of India Ltd. (CONCOR) have formed a Joint Venture company named Infinite Logistics Solutions Pvt Ltd. (Infinite) with 51:49 shareholding respectively to provide End to End Inter Modal Logistics Solutions to its Customers.

Infinite Solutions shall attempt to play the role of the Lead Player in this segment by leveraging the combined strengths of RLPL and CONCOR in the respective areas of Logistics and Inter Modal Transportation.

While mainly investing in talent, it shall supplement the same by trucking, warehousing and Material Handling Equipment assets to support the vision. Infinite shall provide customized and standard containerized transportation by road and rail, distribution and related ancillary services.

The expected customer base shall range from manufacturers, traders and retailers from a variety of different industries spread across the length and breadth of India.

India's Logistics business is estimated at more than Rs 4.5 trillion and is expected to grow at more than 15% over the next decade.

Logistics business contributes as high as 12 to 13% share to the GDP which gives Infinite a unique opportunity to participate in the growth as Logistics Service Providers to offer value adding 3PL and 4PL solutions.

With the recent adoption of Rail and other modes of transportation, there is a need felt by customers for comprehensive Inter Modal solutions, which Infinite will offer.

Reliance Logistics Pvt Ltd

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