Tiger Logistics Renews Partnership With Jindal Stainless For Global Steel Shipping

The BSE-listed international logistics pioneer Tiger Logistics (India) Ltd. said on Tuesday that it has extended its collaboration with Jindal Stainless, one of India's top steel exporters. This accomplishment demonstrates Tiger Logistics' ability to handle the extensive logistics related to steel with an aim to boost the industrial growth of the nation.

Famous for playing a significant part in the global steel business, Jindal Stainless continues to count on Tiger Logistics to deliver its steel products to foreign regions in a dependable manner. Tiger Logistics will manage international logistics for a variety of steel-related products under this extended partnership, guaranteeing continuous shipping from India to more than 30 nations. Tiger Logistics oversaw more than 3,000 cargoes for Jindal Stainless in FY24-25.

The extended agreement demonstrates Tiger Logistics' capacity to manage demanding, large-scale, and valuable shipments, especially in industries like steel that need accuracy, security, and prompt delivery. Tiger's global presence and emphasis on logistics innovation confirm its position as a major player in global supply chains.

Mr. Harpreet Singh Malhotra, CMD of Tiger Logistics (India) Limited, expressed appreciation, stating, "We are privileged to support India's role as a prominent steel exporter. By enabling the efficient transport of steel, we contribute to the success of our clients and the country. This renewed association with Jindal Stainless highlights our proficiency in managing steel logistics. The steel sector is a key component of India's Economic progress, and Tiger Logistics' role ensures the reliable delivery of products to international destinations."

"This partnership reflects our commitment to India's industrial goals while strengthening our position in global supply chains. At Tiger Logistics, we strive to remain the trusted logistics provider for our clients, and we thank our stakeholders for their confidence, which drives us to achieve new goals and build a successful future together," he further added.

Tiger Logistics India Limited is a prominent global logistics firm and solutions provider that is listed on the Bombay Stock Exchange. Its services include transportation, customs clearance, defence and project logistics, and freight forwarding (air and ocean). Tiger Logistics is a global company with more than 24 years of expertise in a variety of sectors, including engineering, automotive, yarns, textiles, pharmaceuticals, commodities, and fast-moving consumer goods. Tiger Logistics provides dependable, effective, and timely freight transfer worldwide by collaborating with agents and partners worldwide.

When this piece was written on Tuesday afternoon, Tiger Logistics (India)'s shares were down 1.13% at Rs 58.50, with a market value of Rs 618.49Cr.