AVG Logistics Ltd. Expands Cold Chain Division - Ventures into QSR & Ice-Cream

AVG Logistics Ltd, a leading logistics company in India, has announced the expansion of its cold chain division. With over 240+ high-quality premium reefer vehicles, AVG has reinforced its commitment in providing top-notch cold chain solutions for a wide range of applications, from first mile to last mile delivery. The increased fleet size now comprises a diverse range of reefer vehicles, capable of maintaining temperatures ranging from -25 degrees to +25 degrees Celsius. This enhanced capability allows AVG to cater to a variety of industry sectors, from the frozen segment such as ice-cream and dairy to the quick-service restaurant (QSR) and fruits and vegetables segment.

AVG recognizes the growing demand for reliable and efficient cold chain solutions across various industries. By strategically entering the frozen and QSR segments with the latest technology, the company aims to meet the specific requirements and challenges faced by businesses operating in these sectors. Through advanced temperature-controlled systems, AVG ensures the integrity and freshness of perishable goods throughout the entire supply chain from farmto folks.

Currently operating in over 25 cities in India, AVG is poised for further expansion across all regions. With its robust cold chain and widespread network, the company is well-positioned to serve customers in diverse geographical locations (including North Eastern region) and meet the evolving needs of the market.

We are excited to bolster our cold chain division with the recent signing of a contract with HUL for movement of their ice cream under the brand Kwality Walls. We understand the critical importance of maintaining product quality and integrity in the cold chain, and our investment in advanced reefer vehicles enables us to deliver exceptional services across a wide range of temperature- sensitive industries. We are dedicated to expanding our operations and infrastructure to better serve our customers and provide them with innovative and reliable solutions.

AVG is committed to upholding the highest standards of quality, safety, and compliance in its cold chain operations. With a team of experienced professionals, state-of-the-art technology, and a customer-centric approach, the company continues to be a preferred choice for businesses seeking efficient and reliable cold chain logistics solutions.

Shares of AVG Logistics Limited was last trading in BSE at Rs. 211.75 as compared to the previous close of Rs. 211.30. The total number of shares traded during the day was 11828 in over 145 trades.

The stock hit an intraday high of Rs. 220.00 and intraday low of 211.25. The net turnover during the day was Rs. 2563793.00.

Source : Equity Bulls

Keywords

AVGLogistics INE680Z01018 ColdChainDivision QSR IceCream