Om Logistics acquires ICD Bawal for Rs 110 Cr

Quick Summary:

The acquisition is set to enable the company to expand its pan India operations, reduce average transit times and optimize supply chain management.

In May this year, the B2B logistics company launched RapidShyp, a Direct-to-Consumer (D2C) shipping venture.

ICD Bawal also has multimodal connectivity including ports such as Mundra, Pipavav, and JNPT, and airports including Indira Gandhi International Airport (DEL).

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Article Details

Author / Journalist: Abha Warrier

Category: StartupsEconomyBusiness

Markets: India

Topics: Including Policy Logistics Privacy Bawal Chain Company Information Management Supply Industrial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-26 @ 08:11:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 193 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 14 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 22255930

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