In this article, you will find the top logistics companies in India. The logistics industry is regarded as the spinal cord of the economy as it is responsible for the supplies of all goods and services in the whole country. Presently, the logistics industry is valued at USD 160 Billion and it is expected to grow to USD 215 Billion till 2020.
GST has impacted this industry positively, as the increase in the growth rate was nearly 2%, taking it to 10.5% per annum after the implementation of GST. The government of India also took notice of the potential of the logistics sector and included it in the Harmonised Master list of Infrastructure subsector. This step will help this sector in getting long-term credit facilities at reasonable interest and it will also help in making this industry organised.
According to a survey in 2017-2018, the logistics sector employees nearly 22 million people. Currently, India spends around 14.4% of its GDP at logistics which is way more than other developed countries. To reduce this, the Government of India has taken positive steps like GST and has set a target of bringing it down to 10% by 2020.
The current condition of the logistics companies and industry is unorganised but positive steps taken by GOI and the industry itself has put the industry on the path of development. Poor logistics infrastructure is the main hurdle in the development of this industry. Though some steps have been taken, there is still some time to get this sector organised.
List of Top 10 Logistics Companies In India
1.DHL Express India Pvt Ltd
DHL Express India Pvt Ltd was founded in 1969 by three partners with its headquarters in Bonn, Germany. It is one of the most dynamic and largest logistics company in the world. DHL provides logistics services in 220 countries and employees more than 3.6 Lakh people worldwide.
DHL is moving towards parcelcopters and drones for the deliveries of the parcels. It operates a huge fleet of vehicles, planes, helicopters and more for delivery and has many centres in Bengaluru, Chennai, Cochin, Coimbatore, Jaipur, Hyderabad, Kolkata, New Delhi, Pune, and Tirupur. With the implementation of GST, DHL has committed to invest heavily in India in opening new warehouses as its sales have grown by 30% in the last 5 years in India.
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2. Agarwal Packers & Movers Ltd
Agarwal Packers & Movers Ltd was founded in 1987 by Ramesh Agarwal with its headquarters in New Delhi, India. It is one of the largest logistics service provider in India with a speciality in moving household items. With 30 years of experience, this company has done almost 18 lakh shiftings.
Agarwal Packers & Movers have an annual turnover of around 500 crores with 102 branches all over the world. It employees nearly 5500 people serving in 1200+ locations. They expertise in Transportation and it’s Ancillary Services (i.e. packing, unpacking, loading, unloading etc.), Warehousing, 3PL, International Moving, Airport Cargo Terminal Management, Home and Office Storage, Trucking Cubes, Container/Cube Transportation etc.
3. VRL Group
VRL Group was founded in 1976 by Vijay Sankeshwar with its headquarters in Hubballi, Karnataka. This company was started with a single truck and later expanded to one of the largest logistics company in India with around 5000 vehicles. Operations of this company are diversified in nearly 25 states of India.
VRL Group provides services in Aviation, Travel and Cargo & Courier. The revenue of this company was 7047 crores in 2017 with an increase of 5% from previous year.
4. Allcargo Logistics Ltd
Allcargo Logistics Ltd was founded in 1993 by Shashi Kiran Shetty with its headquarter in Mumbai, India. It provides services like multimodal transport, freight stations, warehouses and third-party logistics. As one of the largest logistics company in India, Allcarcargo has a turnover of USD 900 million as of March 2015.
Allcargo Logistics employees more than 8000 people across the world. It also has expanded its operations in around 90 countries with 200 offices. In past few years, Allcargo is acquiring a number of foreign logistics companies in order to expand its operations in other countries.
5. Gati Ltd
Gati Ltd was founded in 1989 by Mahendra Agarwal with its headquarters in Hyderabad, India. It is one of the most promising logistics company in India with its expertise in supply chain and express distribution. It also provides warehouses for storage services. This company employee nearly 6000 people from across the globe.
With 600 offices, 5000 vehicles and 4000 business partners, Gati Ltd is poised to become one of the largest logistics company in the world. In the financial year 2017, it recorded a revenue of USD 265 million.
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6. Transport Corporation Of India Ltd
Transport Corporation Of India Ltd was founded in 1958 by Shri Prabhu Dayal Agarwal with its headquarter in Gurgaon, Haryana. With the experience of nearly 6 decades, this company is moving 2.5% GDP of India by value. Services provided by this companies includes Road and Rail Movement to SAARC Nations (FTL, LTL), Express Distribution (Air and Surface), Warehousing & Yard Solutions and Customs Clearance – CHA ( Both sides of the Borders).
Transport Corporation Of India has a strong force of nearly 6000 employees. It also has 1400 offices around the globe. This company is also involved in charity like building schools, hospitals etc across the nation.
DTDC was founded in 1990 by Subhasish Chakraborty with its headquarter in Bengaluru, Karnataka. It is one of the most popular and renowned logistics company in India. It has its presence in around 500 districts with 10500 franchisees delivering nearly 18 million parcels every month. DTDC is committed to expanding its services around the globe.
With around 15000 people as its employees, DTDC is expanding its presence in nearly 250 locations around the world. This company also aims to become a 5000 crore company by 2020. Currently, it is one of the best express courier service provider in India.
8. ABC India Ltd
ABC India Ltd was founded in 1962 as a surface transport operator by Mr Anand Kumar Agarwal with its headquarter based in New Delhi, India. With a large branch network of 100 outlets and huge warehousing capacity, it is one of the most promising logistics company in India. This company owns nearly 250 trucks and has a presence in every major city of India.
ABC India Ltd provides express courier services and logistics services across all modes including Rail, Sea and Air. It has a workforce of around 500 employees. It also partners with local and international freight forwarders to ensure smooth logistics supplies.
9. Aegis Group
Aegis Group was founded in 1956 by Kapoor M. Chandaria with its headquarters based in Mumbai, India. This company provides logistics services in bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations. Aegis Group has a strong presence in oil and gas sector.
Its main clients are Indian Oil, Bharat Petroleum, Shell and Reliance. In the financial year 2017, it posted a net profit of 134 crores. To expand its presence, Aegis Group is working on expanding its warehouse capacity for LPG.
10. FedEx Express India Pvt Ltd
FedEx was founded in 1973 by Frederick W. Smith with its headquarter in India is based in Mumbai, India. It has the presence in more than 127 countries with 3.6 million deliveries every day. The main services provided include express courier services, door to door services and light and heavyweight shipments.
FedEx has a workforce of nearly 25000 people across the globe with the vehicle fleet of 4000. It is one of the most reliable and trusted logistics company in the world with high-end technology.
Some Other Logistics Company In India
- Container Corporation of India Ltd
- Logistics Post
- Global Vectra Helicorp Ltd
- First Flight Couriers Ltd