CJ Darcl Logistics signs a Memorandum of Understanding (MoU) with Tata Motors to strengthen and enhance CJ Darcl’s fleet of vehicles and explore options of logistics services. The MoU was signed on 11th October 2023, in the presence of Krishan Kumar Agarwal, Managing Director of CJ Darcl Logistics Limited; Kang Sin Ho, CEO of CJ Logistics Corporation; Girish Wagh, Executive Director of Tata Motors Limited and Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors. Post the MoU, the companies would deliberate on possibilities to enhance CJ Darcl’s fleet and make their operations greener. The engagement also intends to make CJ Darcl’s operations more efficient with comprehensive annual maintenance contracts, dedicated service team and streamlined after-sales processes. With Tata Motors advanced trucks and expertise in fleet management through value-additions, telematics systems and service network, CJ Darcl aims to set new benchmarks in the Indian logistics industry.
Kang Sin Ho, CEO of CJ Logistics Corporation said, “India has been a dynamic market for logistics and is anticipated to remain a growth outperformer. According to CRISIL MI&A, India’s GDP is expected to grow at an average of 6.1% between fiscal 2025 and 2027, compared with 3.1% globally as estimated by International Monetary Fund. In this direction, the Indian government introduced the Gati Shakti Scheme, National Logistics Policy, Bharatmala Pariyojana, and Sagarmala which became the key enablers of logistics in India. Further to bolster our efforts to provide logistics solutions, we have collaborated with Tata Motors Limited. This is aimed at bringing operational efficiency to the forefront. The engagement will focus on evaluating cost-effective vehicle deployment to strengthen CJ Darcl’s fleet, whilst providing on-ground support.”