NYK establishes logistics JV for finished cars using automobile freight trains in India
On July 13, NYK Auto Logistics India Pvt. Ltd. (NALI), an NYK Group company, signed an agreement with Adani Logistics Ltd. (ALL) to form a joint venture that specializes in the transportation of finished vehicles using automobile freight trains, NYK Group said on Tuesday.
The automotive production volume is expected to further increase in India, and there is increasing demand for transporting vehicles by rail, which places less of a load on the environment.
NALI currently provides an integrated transport service for finished cars in India, including inland-transport services by trailers, PDI (pre-delivery inspection), and representation for car carriers — thus offering end-to-end services from manufactures’ plants to ports and retail stores.
ALL, a subsidiary of the Adani Group, an Indian financial conglomerate, covers a wide range of businesses mainly related to port operations in India and other countries, including the operation of automobile freight trains.
Through the collaboration with ALL, the new company will cater to the increasing demand for domestic distribution of vehicles by rail and increase customer choice to better meet customers’ diverse needs.
Based on the company’s "Staying Ahead 2022 with Digitalization and Green" new medium-term management plan, the NYK Group is making efforts to promote growth businesses and utilize its accumulated expertise of high-quality transportation services around the world to provide sophisticated, high-quality finished-car logistics.