Creation of independent entities will bring better value to our stakeholders: Ravi Jakhar - Allcargo group
December 03 , 2024
Publication: The Hindu Business Line
The Rs 20,000 crore Allcargo group is looking towards the upcoming FY26 with major changes in the group including splitting the international and domestic business which will happen by April 2025. The logistics industry is also witnessing interesting shifts both globally and domestically. businessline spoke to Ravi Jakhar, Chief Strategy Officer, Allcargo Group on the company’s business and industry trends. Some excerpts:
Allcargo has been on a move towards demerger of business entities. In this context, I suppose FY26 will be something different for your group. Can you explain your strategy behind this? How is this going to benefit the the group?
The first part of the demerger has already been implemented with Allcargo Terminals and TransIndia Real estate already got listed more than a year ago. The current scheme is about splitting the international and the domestic business, which will happen by April 2025. We will have Allcargo ECU limited, which will be the international business, and Allcargo logistics will basically be the domestic business, which is express and contract logistics.
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