Business Update12 Jun 2026, 11:14 am
AVG Logistics Secures 3-Year, ₹35 Cr Annual Contract from Haldiram-Nagpur
AI Summary
AVG Logistics Limited has secured a significant three-year contract from Haldiram-Nagpur to deploy 100 vehicles for their logistics and distribution needs across Western, Southern, and key Eastern regions of India. This contract is expected to generate approximately ₹35 Crore in annual revenue for AVG Logistics. The deal strengthens AVG Logistics' position in the FMCG logistics sector, aligning with its capacity expansion strategy and enhancing fleet utilization and revenue visibility.
Key Highlights
- Secured a 3-year contract with Haldiram-Nagpur.
- Contract involves deploying 100 vehicles for distribution.
- Expected to generate ₹35 Crore in annual revenue.
- Strengthens AVG Logistics' presence in FMCG logistics.
- Aligns with company's capacity expansion strategy.
Price Impact
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