Adani Logistics (ALL) have signed an agreement with NYK Auto Logistics India (NALI) to form a joint venture which specialises at strengthening finished vehicles transportation service network in India. Automobile sector is witnessing rapid growth. Loading activity in this sector increased by 16 per cent in 2017-18.
This growth, coupled with government of India’s focus on promoting alternative means of transportation to reduce carbon footprint, increasing demand of transporting vehicles through rail mode is gaining traction. The JV company will participate in AFTO Policy of Ministry of Railways and offer its automobile freight trains for transporting vehicles across India in more efficient manner and will contribute towards green India.