NYK Group Establishes Logistics Joint Venture for Finished Cars Using Automobile Freight Trains in India
On July 13, NYK Auto Logistics India Pvt. Ltd. (NALI), an NYK Group company, signed an agreement with Adani Logistics Ltd. (ALL) to form a joint venture that specializes in the transportation of finished vehicles using automobile freight trains.
The automotive production volume is expected to further increase in India, and there is increasing demand for transporting vehicles by rail, which places less of a load on the environment.
NALI currently provides an integrated transport service for finished cars in India, including inland-transport services by trailers, PDI (pre-delivery inspection), and representation for car carriers — thus offering end-to-end services (from manufactures’ plants to ports and retail stores).
ALL, a subsidiary of one of India’s financial conglomerate Adani Group, covers a wide range of business mainly related to the port operation in India and foreign countries, including the operation of automobile freight trains.
By the collaboration with ALL, the new company will cater to the increasing demand of domestic distribution of vehicles through rail mode, and increase customer choices of inland transportation to meet the customers’ diverse needs.
Based on the company’s ” Staying Ahead 2022 with Digitalization and Green ” new medium-term management plan, the NYK Group will leverage on segments classified in “promote growth business”, and utilize its accumulated expertise of high-quality transportation services around the world to provide a sophisticated, high-quality finished-car logistics.
Source: NYK Line