The Indian logistic industry presently generates employment for more than 20 million people in this country as the industry has evolved at a CAGR of more than 7 percent in the last five years. The rank index of India in the initial six parameters of logistics performance has enhanced owing to the growth and innovation portrayed by the top logistics companies in this country coupled with the flourishing e-commerce logistics businesses in India.
Top 10 Logistics Companies In India
The Indian logistics industry also serves as an important partner for big sectors such as FMCG, manufacturing, retail, and many others. Transport is a very important function of this sector and the complete list of top 10 logistics companies in India form nearly 60 percent of the total Indian logistics sector market size, followed by storage and warehouse.
The top 10 companies that we have stated below own the majority of the logistic market share, which in the future is anticipated to rise during the increasing demand and growing population.
1. CTC Freight Carriers Private India Limited
CTC Freight Carriers Pvt Ltd was founded in the year 2002, in Navi Mumbai. The business has developed as one of the best logistics companies in this country in the Indian logistics industry. This logistics company in India which is among the top logistics 10 companies in India, has a large warehouse and also a well-connected network throughout the country.
2. Trans Ocean Bulk Logistics
Trans Ocean Bulk Logistics is a prime logistics company in this country in the Indian logistics sector. The company was founded in 1982. This is one of the top logistics companies in India that was founded in 1998 by Mr. Sudam Pawar.
3. Aegis Logistics Ltd
Aegis Logistics Ltd. was established in 1956 and the shares of this company have been listed on the BSE (Bombay Stock Exchange) since 1978. Its shares also trade on the NSE (National Stock Exchange). It is said to be the third largest logistic company in India in terms of revenue.
4. Allcargo Logistics Ltd
Allcargo Logistics Ltd was established in the year 1993 and has its headquarters in Mumbai. It is among the top 10 Logistics companies in India. It provides multi-modal transportation services. This leading logistics entity is part of Avvashya Group. It provides a varied range of multimodal transport services that include less than container load, full container load, and non vessel functioning common carrier. It also provides pan India container freight stations, inland container depots, ship owning, third-party logistics, warehousing, and chartering. The company functions across more than 160 nations through over 300 offices.
5. Apollo LogiSolutions Ltd
Apollo LogiSolutions was established in the year 2009 and has its headquarters in Gurgaon, Haryana. The entity is an Integrated Logistics solutions provider and a 90 percent subsidiary of Apollo International Ltd. The company offers end to end integrated logistics services via its strong global connection spread throughout multiple locations. It provides freight forwarding, customs brokerage, dry ports, port clearance, customs handling, bonded warehouses, warehousing, third party logistics, freight forwarding, first mile, and last-mile connectivity. The entity has a global network of more than 100 countries. It also has a prominent presence in the integrated logistics area with a special aim at the movement of EXIM cargo.
6. Container Corporation Of India Ltd
Container Corporation of India was established in the year 1988 and has its headquarters in New Delhi. The Company is involved in the transportation of containers (rail and road) and also handling of containers. The business is also involved in the functioning of logistics facilities, which include dry ports, private freight terminals, and container freight stations. Its divisions are EXIM and Domestic. Both Domestic and EXIM divisions of the company are associated with transportation, handling, and warehousing services. Its International services involve road services, train services, air cargo movements, block booking on a round trip basis, and reefer services. Its domestic services involve a volume discount scheme, door delivery or pickups, train services, and terminal handling charges.
7. Maheshwari Logistics Ltd.
Maheshwari Logistics Ltd was created in the year 2006 in Valsad Gujarat. It is among the top logistics companies in this country. The entity has a fleet of over 60 trucks and an association with over 1,000 trucks via third parties. It carries out passenger and freight transportation through road, rail, air, and also waterways.
8. Mahindra Logistics Ltd
Mahindra Logistics was established in the year 2000 and this company is based in Mumbai. The company offers logistics services to both external and internal customers. It provides outbound and inbound logistics, warehousing, linefeed, inter-plant movement, and other services. It also provides People Transport Solutions, which is a line of business that offers customized services to businesses for the transfer of employees from home to their workplace and back. This company is a subsidiary of Mahindra & Mahindra Ltd.
9. Safexpress Pvt Ltd
Safexpress Pvt Ltd began its journey in 1997. The company delivers logistic excellence to its users. The company provides a wide spectrum of supply chain services that include 3PL and Consulting and Express Distribution. It is among the best courier companies in India. It is providing a range of services to varied business verticals that include FMCG, E-commerce, and Consumer Electronics & Institutional, Healthcare, Publishing to Auto-motives, Hi-Tech, Electrical, and Engineering Hardware, etc.
10. TCI Express Ltd
TCI Express Ltd started its operation in 1996. TCI is a leading integrated logistics and supply chain solutions provider and also a pioneer in the space of cargo transportation in India. TCI provides seamless multi-modal Logistics solutions, storage, warehousing, transport, and support services for transportation. The entity is associated with express distribution and provides a single-window door-to-door solution to users. It provides express solutions with more than 3,000 pick-ups and roughly 13,000 delivery locations with its containerized fleet of vehicles. The business offers services to nearly 200 nations across the globe.
The Bottom Line
In the past few years, the logistics industry has gained growth. Various latest innovations have also been done in the logistics industry to facilitate transportation. Many new logistics companies entered the space. Keeping that in mind, we have discussed the top 10 logistics companies in India that are presently the market leaders. The list has been made based on the revenue each company earns and also the range of services that they offer.