Western Carriers bags ₹558 crore logistics contract from Jindal Stainless

Multi-modal logistics firm, Western Carriers India Limited (WCIL), on Wednesday (June 25) said it has secured a logistics contract worth approximately ₹558 crore from Jindal Stainless Limited (JSL).

The contract spans three years and covers the movement of stainless steel products across the country. Under the agreement, Western Carriers India will handle the dispatch of slabs, coils, and sheet plates in DSO containers to various destinations across India.

"Rajendra Sethia, Chairman and Managing Director, Western Carriers India, said, This is a prestigious mandate that reinforces our capabilities in managing large-scale, mission-critical logistics operations across India. We remain committed to delivering efficient and quality services to support the domestic industrial ecosystem."

Also Read: Western Carriers wins order worth nearly ₹28 crore from Jindal Stainless

Western Carriers (India) is a multi-modal, rail-focused, 4PL asset-light logistics company. It offers fully customisable, multi-modal logistics solutions encompassing road, rail, water, and air transportation and a tailored range of value-added services. Over the years, the company plans to enhance its service delivery through robust growth and operational efficiency.

Western Carriers (India) was incorporated in March 2011. Some of its key customers are Tata Steel, Hindalco Industries, Vedanta, BALCO, HUL, Coca-Cola India, Tata Consumer Products, Wagh Bakri, Cipla, Haldia Petrochemicals, MCPI, Gujarat Heavy Chemicals, BCPL, and DHL, among others.

Shares of Western Carriers (India) Ltd ended at ₹110.50, up by ₹0.25, or 0.23%, on the BSE.

Also Read: Western Carriers shares jump 13% post ₹139 crore material handling contract from Vedanta