AVG Logistics Secures 3-Year Contract with Haldiram Nagpur, Expects ₹35 Crore Annual Revenue
AVG Logistics has secured a 3-year contract with Haldiram-Nagpur, deploying 100 vehicles. The deal is expected to generate approximately ₹35 Crore in annual revenue, strengthening AVG's position in the FMCG logistics sector.
The contract is substantial in terms of fleet deployment (100 vehicles) and expected annual revenue (₹35 Crore), directly contributing to the company's top line and reinforcing its market presence in a key sector.
The announcement details a new, significant contract win for AVG Logistics, which is expected to generate substantial annual revenue. This is a positive development for the company's growth and market position.
AVG Logistics Limited has announced the bagging of a significant three-year long-term contract from Haldiram-Nagpur. This contract involves the deployment of 100 dedicated vehicles to support Haldiram Nagpur's logistics and distribution needs across Western and Southern India, as well as key eastern states including Odisha, Bihar, and Jharkhand.
The agreement is projected to generate approximately ₹35 Crore in annual revenue for AVG Logistics. This expansion is part of the company's strategy to increase its capacity and solidify its position in the FMCG logistics sector. The addition of 100 vehicles will enhance fleet capacity, improve service coverage, optimize turnaround times, and boost delivery efficiency.
The contract was finalized by key personnel from both AVG Logistics, including Mr. Vinayak Gupta (Chief Strategy Officer & ESG Head) and Mr. Sumit Garg (Executive Vice President), and Mr. Kamal Aggarwal Ji from Haldiram-Nagpur. Mr. Sanjay Gupta, Managing Director & CEO of AVG Logistics Limited, expressed confidence in the company's capabilities and reiterated the focus on strengthening its presence in the FMCG sector through efficient, scalable, and reliable logistics solutions.
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AVG Logistics Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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