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.

Cargo Talk - - News -

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

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