Arshiya Rail Infrastructure (ARIL) part of Arshiya International, a unified supply chain infrastructure and solutions group has signed a long term deal with GATX India (GIPL), a subsidiary of GATX Corporation, to lease its rakes to ARIL. This relationship will help Arshiya Rail in migrating business to a capex lean model, resulting in lower gearing and improved margins as ARIL expands its business.
As part of the 10-year deal, GIPL will initially provide 10 newly manufactured BLC rakes, for Arshiya Rail on operating lease. Further, leveraging GATX’s 114 years of expertise, ARIL will be able to introduce world class wagon technology and bring in the highest standards of safety, reliability, efficiency in rake operations, besides expanding its gamut of services in delivery of customized solutions to clients, all vital to growing the Indian rail-freight business.
An augmented rail capacity through its relationship with GIPL is planned to be deployed at its new state-of-the-art rail terminal at Kliurja, which will act as a hub and will offer integrated and cost effective solution to its customers across major Indian cities.
Arshiya International is engaged in providing end-to-end logistics and supply chain solutions to customers across the world. The company’s offices are located at Singapore, Australia, Dubai, Qatar, Oman and the United States. The company offers solutions in areas of innovative technology, business process outsourcing, supply chain, demand chain and financial flow management services.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 50.46 |
| TVS Supply Chain Sol | 176.00 |
| Container Corp | 785.25 |
| Mahindra Logistics | 385.40 |
| Transport Corp. | 1155.30 |
| View more.. | |
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