Navigators, Visa Global Logistics join hands
The tie-up between two companies from Australia and India shall create a global presence for both partners and help them attain higher standards through its presence worldwide. It will be known as Navigators Visa Global Logistics.
Navigators Logistics has entered into strategic joint venture (JV) with an Australian privately-owned freight forwarder Visa Global Logistics, with its Group Head Office in Sydney. The company has over 45 offices covering more than 12 countries with presence in over 30 countries through strategic partnerships. The new company shall be called Navigators Visa Global Logistics. Lorenzo Angeloni, Italian Ambassador to India graced the crucial event as the chief guest.
Navigators is uniquely positioned to handle door-to-door deliveries for all kinds of international cargo to/from worldwide to India, including food products, perishables, building material, heavy over dimensional plant and machinery, etc. The international freight forwarding sector/industry has not seen much foreign direct investment in the last few years and the scenario seems to be changing in the post GST positive reforms. But now both companies can ideally complement each other and help mutually increase their presence on the Europe-India and Australia-India trade lanes.
Angeloni, said, "We are in a positive mind that the Italian-Indian relations shine together through this merger." According to Vaibhav Verma, Founder Promoter - Navigators, “Navigators with the Visa experience and wide network plans to further expand their presence in Indian Subcontinent with new offices not only in India, but in other neighbouring countries, including Sri Lanka and Bangladesh. It eyes a growth of over 40-50 per cent CAGR basis through the joint offices of both Navigators India and Visa.” Stanley Gomez, Founder Promoter and Managing Director - Navigators, added that NVGL plans to reposition its market share and positioning specially in the Indo-Italian trade lane. Vittorio Tarchi, Group Chairman, Visa Global, said, "We located offices in different parts of the world to provide container movement expediency from ship to customers.”
Navigators eyes a growth of over 40-50 per cent CAGR basis through the joint offices of both Navigators India and Visa Global