Indian logistics solutions provider AVG Logistics secures Rs 72cr worth order

AVG Logistics Limited, one of India’s premier multimodal logistics solutions providers, has proudly announced securing a whopping new order of approximately INR 72 crores. This impressive deal, slated for execution over a span of three years, comes from a loyal multinational FMCG industry customer, solidifying AVG Logistics’ dominance in the logistics landscape.

This monumental contract is not just a nod to AVG Logistics’ proficiency in the industry but also a powerful catalyst that will bolster the company’s geographical footprint across India. AVG Logistics, with this order in its portfolio, is poised to amplify its market share with this FMCG giant, setting the stage to hit double-digit growth in the fiscal year 2024 (FY24). Moreover, this move puts AVG Logistics on an accelerated path of expansion, especially in the realm of tech-enabled customized dedicated trucking business models, spanning all regions.

Sanjay Gupta, the dynamic Managing Director and CEO of AVG Logistics, weighed in on this exciting development. He stressed that this significant award underscores their enduring relationship with pivotal FMCG customers, standing as a testament to the company’s unparalleled integrated logistics prowess and capabilities. Gupta exuded confidence, stating that this order, set to kick off from Q3FY24, will be instrumental in realizing their FY24 revenue objectives and will play a pivotal role in elevating the company’s overall performance in the foreseeable future.

With deals like these under its belt, AVG Logistics cements its position as an industry frontrunner, ready to redefine the logistics paradigm in India.