AVG Logistics Limited has secured a significant long-term contract worth approximately Rs 35 crore from Haldiram Nagpur, according to a BSE filing. The contract involves deploying 100 dedicated vehicles to support Haldiram Nagpur’s logistics and distribution requirements across India. This order represents a major milestone in AVG Logistics’ capacity expansion strategy.
The contract has been awarded for an initial tenure of three years and is expected to generate approximately Rs 35 crore in annual revenue for AVG Logistics. The addition of 100 dedicated vehicles will enhance AVG Logistics’ fleet capacity, enabling the company to efficiently cater to the growing transportation requirements of the FMCG industry.
As part of the agreement, AVG Logistics will provide logistics and distribution services to Haldiram Nagpur across the Western and Southern regions of India, along with key eastern states. The expanded fleet will be strategically deployed across key distribution corridors, improving service coverage, optimizing turnaround times, and enhancing delivery efficiency.
The order adds to AVG Logistics’ existing portfolio of long-term contracts with leading industry players. This capacity augmentation aligns with AVG Logistics’ strategic objective of scaling operations through long-term dedicated contracts. The contract is expected to improve fleet utilization, enhance operational efficiencies, and provide greater revenue visibility over the medium term.
This order reinforces AVG Logistics’ position as a leading multimodal logistics solutions provider in India.
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