Cargo Breaking News
In a move that reaffirms its deep-rooted partnership and commitment to India’s logistics sector, CJ Logistics Corporation, South Korea’s largest logistics company, has further infused USD 32 million as a combination of Primary and Secondary transaction into CJ Darcl Logistics Ltd. (CJ Darcl), one of India’s leading integrated logistics service providers, increasing its equity stake from 50% to 56%.
The investment is aimed at strengthening CJ Darcl’s capital base and powering its next phase of growth. The funds will be strategically directed to accelerate its nationwide expansion across multimodal logistics infrastructure—spanning terminals, advanced warehousing, digital supply chain solutions, and alternative fuel platforms.
CJ Logistics and CJ Darcl forged their partnership in 2017 through a strategic partnership, when the KOSPI listed Korean logistics giant acquired 50% stake in DARCL Logistics Ltd., later rebranded as CJ Darcl Logistics Ltd. The remaining 44% stakecontinues to be held by the founding Darcl Promoters and affiliates, reflecting continued alignment and stability in ownership.
Mr. K.K. Agarwal, Chairman and Managing Director, CJ Darcl Logistics Ltd., commented, “This investment underscores CJ Logistics Corporation’s strong belief in our vision and performance. It is a testament to the trust we have built over the years and to our shared mission of transforming India’s logistics landscape. The capital will enable us to scale our integrated offerings, invest in next-generation technologies, and drive sustainable growth. We are creating a future-ready logistics enterprise that blends Indian depth with global excellence.”
