Primex News International

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Barco and Prasad Unveil India’s First HDR Projection Color Grading Facility

    June 28, 2025

    Eternia: Spacious Residences For Grand Living

    June 28, 2025

    Debut book The Liar’s Guide by Sanjay Shukla explores the humour and psychology behind everyday lies

    June 28, 2025
    Facebook Twitter Instagram
    Primex News International
    • Home
    Facebook Twitter Instagram
    Primex News International
    Home»Business»AVG Logistics bags long-term contract from Indian Railways for operations of Leased Parcel Express Train
    Business

    AVG Logistics bags long-term contract from Indian Railways for operations of Leased Parcel Express Train

    By May 6, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email

    Mumbai (Maharashtra) [India], May 6: AVG Logistics Limited, (BSE – 543910, NSE – AVG), AVG Logistics Limited has secured a 6 year long term contract, for lease of Parcel Cargo Express Train (PCET) from the Indian Railways. This special train, connects Agartala (Tripura) / Guwahati (Assam) to Delhi / Ludhiana (Punjab) and will complete 4 trips every month over the next 6 years, totalling 313 trips during the contract tenure. 

    The Carrying Capacity during the trip is expected to be 364 tonnes per trip for initial 6 months and will increase to 484 tons per trip later. The Express Train Service will cover the distance of 2768 kilometres in 90 hours ensuring expeditious, seamless connectivity between the two locations.

    Commenting on the collaboration, Mr. Sanjay Gupta Managing Director & CEO, AVG Logistics Limited said, “We are excited about our new collaboration with Indian Railways (Northeast Frontier Railway). This collaboration highlights our strong commitment to improve cargo/parcel transportation services, bringing us nearer to our sustainability goals and increasing the proportion of Green (eco-friendly) logistics in our revenue stream. We expect to generate revenue of ~Rs. 198 Crore (~Rs. 33 Crore p.a.) over 6 years tenure. This contract will enhance our financial strength and help us fuel our ambition to undertake more ambitious projects, thereby elevating our overall financial performance. 

    Through this Contract, while departure of the train from Agartala to Ludhiana the company will serve the industries in the field of Tea, Bamboo, Plastic granules, Mosquito repellent, FMCG, Hair oil etc. and departure of the train from Ludhiana-Delhi-Guwahati- Agartala which is the toughest location of northeast due to its geographical location and seasonal disturbances which affects regular road closures, land sliding etc. and this new train will help in serving the industries in the field of FMCG, Cycle, Hosiery, Electronics, White Goods, shoes, consumable items, Raw Material, Sanitary etc. We believe that this strategic move and committed services will have a positive impact on our operational efficiency, service reliability, and overall business growth. 

    The long-term nature of this contract underscores our commitment to achieving sustained excellence in logistics services. We look forward to the rest of the year with renewed vigour, excited to create value for the company, stakeholders, and the environment.”

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

    Business
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Barco and Prasad Unveil India’s First HDR Projection Color Grading Facility

    June 28, 2025

    Eternia: Spacious Residences For Grand Living

    June 28, 2025

    Sands Resorts Macao marks six years as Platinum Partner of MILT Congress 2025 -Reinforcing the power of purposeful collaboration in building long-standing partnerships

    June 28, 2025

    ZeroB Launches ‘Bharat Ka Paani’ – A Nationwide Commitment to Safe Drinking Water for Every Indian

    June 28, 2025

    OVERWHELMING RESPONSE TO SEPC LIMITED RIGHTS ISSUE OF 35,00,00,000, PARTLY PAID-UP EQUITY SHARES AGGREGATING TO RS. 350.00 Crores

    June 28, 2025

    WANotifier Joins TinySeed EMEA Fall 2024 Batch to Help Businesses Market at Scale on WhatsApp

    June 28, 2025

    Comments are closed.

    Top Reviews
    Editors Picks

    Barco and Prasad Unveil India’s First HDR Projection Color Grading Facility

    June 28, 2025

    Eternia: Spacious Residences For Grand Living

    June 28, 2025

    Debut book The Liar’s Guide by Sanjay Shukla explores the humour and psychology behind everyday lies

    June 28, 2025

    Dr. Vikas Singhal Honored with Bharat Shri Award 2025 for Advancing Evidence-Based Homeopathic Practice

    June 28, 2025
    About Us
    About Us
    Our Picks

    Barco and Prasad Unveil India’s First HDR Projection Color Grading Facility

    June 28, 2025

    Eternia: Spacious Residences For Grand Living

    June 28, 2025

    Debut book The Liar’s Guide by Sanjay Shukla explores the humour and psychology behind everyday lies

    June 28, 2025
    Top Reviews
    © 2025 Primex News International. Designed by Primex Media Services.
    • Home

    Type above and press Enter to search. Press Esc to cancel.