Adani Logistics Ltd and NYK Auto Logistics in joint venture
Adani Logistics Ltd has formed a joint venture with NYK Auto Logistics (India) Pvt Ltd which specializes in transportation of finished vehicles using automobile freight trains. This JV company will participate in AFTO Policy of Ministry of Railways and offer it’s automobile freight trains for transporting vehicles across India in more efficient manner and will contribute towards ‘green’ India. The JV company will commence operations with 6 automobile freight trains. Based on market trends, the JV will operate 25 automobile freight trains in 3 years.