Allcargo Logistics considers foraying into container terminal business

Allcargo Logistics Ltd is mulling a potential entry into container terminal operation business to explore opportunities with the container freight stations (CFS) and inland container depots (ICD) the firm runs across India, shared a top official.
“Some of the strategic objectives that we could explore would be whether it would make sense to get into container terminal operations,” said Ravi Jakhar, Chief Strategy Officer, Allcargo Logistics.
This, however, does not include greenfield port development as those are infrastructure projects. But if there happens to be any opportunities for container terminals, we could look at it, Jakhar said.
“From a strategic point of view, container terminals could be a potential area of synergy with CFS/ICD business”, Jakhar explained. He, however, added that the firm “does not have active investment plans on the drawing board”.