Short Bio
Allcargo Gati Limited, based in the city of Mumbai, is a logistics powerhouse that specializes in providing integrated transportation and logistics services. This entity is a joint venture between Allcargo Logistics and Gati Limited. Allcargo Logistics holds the majority share, boasting 50.2% ownership.
Overview
Company Name | Allcargo Gati Limited |
Also Known as | Gati Limited (pre-acquisition) |
Type | Logistics |
Industry | Transportation and Logistics |
Founded | 1989 |
Founders | Shashi Kiran Shetty (Allcargo Logistics) |
Headquarters | Mumbai, Maharashtra, India |
Area Served | Nationwide |
Revenue | Not specified |
Net Income | Not specified |
Not specified | Not specified |
Website | https://www.allcargogati.com/ |
Founder
In 2020, Allcargo Logistics acquired Gati Limited, setting the stage for a new chapter in the company’s history. Shashi Kiran Shetty, the Chairman of Allcargo Logistics Ltd., assumed the role of guiding the company through this transformative period.
History
Gati Limited, now an integral part of Allcargo Gati, originally hailed from Hyderabad, Telangana. Gati Limited focused on a spectrum of logistics services, including surface and air express logistics, warehousing, supply chain management, air freight, and e-commerce services. The company made its mark with offices strategically positioned in major states across India.
(1989)
Gati made its mark by introducing same-day courier and distribution services between Chennai and Madurai. The company rapidly expanded its operations to other key locations.
1996–2000
Gati became the pioneer in India by introducing the concept of third-party logistics (3PL). It expanded its services to include multi-modal transportation, courier services, and international operations to SAARC countries.
2001–2008: Growth and Expansion
During this period, Gati achieved milestones such as launching the Vehicle Tracking System, a centralized computer system managing people, packages, and vehicles in real time. The company also established a centralized call center in Nagpur.
2009–2012
Gati signed a joint venture agreement with Kintetsu World Express, forming Gati–KWE, a subsidiary specializing in express distribution and supply chain business. This period also marked the introduction of e-commerce logistics services.
2020
A monumental year for Gati as it transitioned into “An Allcargo Company” through a strategic acquisition by Allcargo Logistics.
Services
Founded in the year 1989, Gati Limited embarked on its journey by connecting Madras (now Chennai) and Madurai through its courier and distribution services. Over time, the company expanded its footprint to Hyderabad, Bangalore (now Bengaluru), Chennai, and Hosur within the same year.
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(Disclaimer : The figures mentioned in the budget are according to various sources. The Filmy Charcha hasn’t confirmed the numbers individually.)