Pune Media

Western Carriers India Ltd selected as partner by Tata Steel Sponge Iron Joda plant

Western Carriers (India) Limited (WCIL), one of the leading 3PL and 4PL logistic companies in India, has been selected as the sole supply chain partner for in-plant logistics & container rake transportation for Tata Steel Sponge Iron Joda (TSSIJ) plant in Joda, Odisha for a three-year period.

This order entails entire logistics support and container rake transportation for both loose and bagged direct reduced iron (DRI/ Sponge Iron).

WCIL offers comprehensive end-to-end logistics services, ensuring seamless movement of goods across multiple modes of transport, including road, rail, and sea/river. Its expertise spans both domestic and EXIM cargo, facilitating efficient logistics within national borders and beyond.

The Company has a proven track record of serving diverse customers across industries.

Commenting on this business development of the Company, Mr. Rajendra Sethia, Chairman and Managing Director, WCIL said “This order represents a crucial partnership for the Company, reinforcing the position as a trusted player in the 3PL and 4PL logistics space.

Being selected by Tata Steel, as a sole logistics partner at one of their plants is a true honor and a testament of the faith & confidence that our customers have shown in us. The transportation of DRI via container rake aligns perfectly with our strategy to leverage rail transport, providing efficient and sustainable logistics solutions for our clients.

Our commitment to delivering tailored solutions and fostering long-lasting relationships positions us as a trusted ally in navigating today’s complex supply chain landscape.”

Shares of Western Carriers India Limited was last trading in BSE at Rs. 149.00 as compared to the previous close of Rs. 145.40. The total number of shares traded during the day was 63196 in over 1624 trades.

The stock hit an intraday high of Rs. 151.05 and intraday low of 146.25. The net turnover during the day was Rs. 9417885.00.

Source : Equity Bulls

Keywords


WesternCarriersIndia
WCIL
INE0CJF01024
LogisticsSolutionProvider
SupplyChainPartner
TataSteelSpongeIronJoda



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