Deals8 Feb 2025, 09:20 pm
Western Carriers Secures Rs. 1,089 Crore Order from Vedanta Limited
AI Summary
Western Carriers (India) Ltd, a leading private, multi-modal, rail-focused, 4PL asset-light logistics company, has secured a landmark Rs. 1,089 crore order from Vedanta Limited. This four-year contract until 2028 covers the transportation of aluminium ingots, billets, wire rods, pig iron, and EXIM shipments for export. The order includes various multi-modal logistics solutions, including moving goods from Vedanta’s plants in Jharsuguda (Odisha) to key export ports, as well as major domestic hubs pan India.
Key Highlights
- Western Carriers secures one of the largest orders in the Indian multi-modal logistics industry worth Rs. 1,089 crore from Vedanta Limited.
- The four-year contract until 2028 covers the transportation of various industrial materials and EXIM shipments.
- The order includes moving goods from Vedanta’s plants in Jharsuguda (Odisha) to key export ports and major domestic hubs pan India.
- Western Carriers has a pan-India presence with over 50 branch offices and four zonal offices across 23 states.
- As of nine months ended FY25, Western Carriers reported 1,297 crores in revenue from operations, with a profit after tax (PAT) of X68 crore.