Transformational
acquisition
Complete acquisition of ECU Line
Started as a cargo handling operator at Mumbai Port
Entered LCL Consolidation: as an agent of ECU Line in India
Entered Container Freight Station (CFS) operations near JNPT port
Acquired stake in ECU Line
Complete acquisition of ECU Line
Listed on BSE Limited and National Stock Exchange
Acquired Econocaribe consolidators in USA
Set up Avashya Foundation, our CSR arm, with focus on inclusive initiatives across six verticles of Health, Education, Environment, Women’s Empowerment, Sports, and Disaster Relief.
Acquired majority stake in FCL Marine Agencies, Rotterdam
ECU Line rebranded as ECU Worldwide
Set up Contract Logistics business, our 3PL Logistics arm for supply chain management, providing the best-in-class logistics services including freight forwarding, custom clearance, contract logistics and warehousing.
Launched one of India’s largest Logistics Parks in Jhajjar
Completed 25 years of operations, after founding in 1994
Strategic Acquisition of Gati, India’s premier express distribution company
Entered into a Joint Venture with Nordicon, the leading ocean freight consolidator in the Nordic region
Acquisition of German based Fair Trade GmbH Schiffahrt, Handel und Logistik
Strategic demerger created Allcargo Terminals, Allcargo Supply Chain, and Transindia Real Estate.
Committed to being carbon neutral by 2040
Fulfilled the milestone of our commitment to plant 1 million trees, by planting the millionth tree in September 2023
Conferred the “Best Environment Protection Initiative of the Year” award at the Indian Social Impact Awards 2024