Tiger Logistics Fuels Growth with New Projects in Government & PSU Business

Tiger Logistics (India) Limited, a leading end-to-end international logistics provider, has strengthened its presence in the Public Sector Undertaking (PSU) segment bysecuring major projects with Bharat Heavy Electricals Limited (BHEL) and emerging as the frontrunner for asignificant air cargo contract with Hindustan Petroleum Corporation Limited (HPCL). These developmentsreinforce the company's reputation as a trusted partner for handling critical cargo across diversegovernment and PSU sectors, backed by its comprehensive service offerings and proven expertise.

New Assignment with BHEL:

- Tiger Logistics' association with BHEL continues to yield significant projects, handling a widespectrum of logistics requirements, including Customs Clearance, Warehousing, Transportation, FCL& LCL Export & Import, Air Export & Import, Break Bulk, and Over Dimensional Cargo (ODC).

- Tiger Logistics has recently secured significant Five ODC Projects originating fromItalyfor BHEL, outof which two are en route. Apart from this, one additional air cargo shipment fromArgentinais inprocess (air-chartered service).

- These projects underscore Tiger Logistics' capability to handle complex international logisticschallenges and deliver seamless solutions for critical PSU operations.

Emerging as Frontrunner for Major HPCL Air Cargo Project:

- Building on its track record of successful collaborations with HPCL, Tiger Logistics is on the verge ofsecuring a substantial new project from HPCL.

- The company has emerged as the L1 bidder for a significant Air Cargo project with HPCL, estimatedto involve a sizeable volume of shipments per month.

- This achievement reflects Tiger Logistics' competitive pricing and its demonstrated ability to meetthe stringent demands of the oil and gas sector.

Expanding Footprint with BEML and Other Government & PSU Enterprises:

- Apart from BHEL and HPCL, Tiger Logistics forged a strong association with other prominent PSUs inFY25, solidifying its position in the PSU sector. These include a two-year contract withBharat EarthMovers Limited (BEML) encompassing both air and sea import services, with recent shipments fromthe Czech Republic to Pune and the UK to Chennai.

- Other advancements in FY25 include a two-year empanelment with the Airport Authority of India(AAI). Also, other existing contracts include Bank Note Paper Mill India Private Limited (BNPMIPL), Hindustan Aeronautics Limited (HAL), Central Electronics Limited (CEL) andBharat ElectronicsLimited (BEL).

Mr. Harpreet Singh Malhotra, CMD of Tiger Logistics (India) Limited, said, "We are witnessing strongtraction in our PSU business, which is a testament to our commitment to providing reliable, efficient, andcost-effective logistics solutions tailored to the unique needs of Government/PSU enterprises. Our recentsuccesses in securing new business highlight our growing capabilities across multiple logistics modes and ourdedication to supporting the growth and operational efficiency of India's key public sector organisations.

Tiger Logistics is strengthening its revenue base and building its reputation as a trusted partner for highvalue cargo movements. With smart investments in infrastructure and a strong focus on customised logisticssolutions, the company is well-positioned to expand into PSU segments. As Tiger Logistics expands itsoperations and market presence, it remains fully committed to creating long-term value for shareholderswhile further reinforcing its leadership position in the logistics industry."

Source : Equity Bulls

Keywords

TigerLogisticsIndia PSUSegment orderWin BHEL HPCL