Financial Daily from THE HINDU group of publications
Friday, May 10, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Logistics - Supply Chain Management


XPS Cargo into cold containers with Japan co

Our Bureau

BANGALORE: XPS Cargo, the express cargo arm of TCI, has joined hands with Japanese majors, Mitsui and Yanmar, to foray into cold container business.

XPS is likely to buy 50 diesel-powered containers by end-2003 for Rs 20 crore.

The company aims to garner 40 per cent market share of the Rs 100-crore organised segment.

The new technology called `cold chain' is likely to help in reducing transport cycle time of perishable items and, hence, those items could be offered at economically better rates.

Send this article to Friends by E-Mail

Stories in this Section
AI floats tender for lease of Boeing aircraft


Airport lease drags over `world class' -- Technical consultants mulled
GVK consortium bags expressway project
Indfex to link Chennai to China, far-eastern ports
SCI panel against $33-m bridge loan to Greenfield
XPS Cargo into cold containers with Japan co


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line