Hyderabad, India: Gati Kausar, a cold chain transport provider and subsidiary of Gati Limited, plans to increase its refrigerated truck fleet from the current 162 to 350 by 2015.
“Gati Kausar’s business strategy will focus primarily on organised retail, including food chains, pharmaceuticals, dairy products, agro products and FMCG,” Gati said in a press release.
As part of its restructuring strategy, Gati had acquired Delhi-based cold chain company Kausar last year. It offers cold and ambient supply chain solutions.
Gati also expects growth in the express distribution and supply chain segment and forecasts growth over 20% in this business through synergies and improve profitability through cost efficiencies.
Gati had completed a 70:30 joint venture with $3.5-billion Japanese multinational, Kintetsu World Express in a business called Gati Kintetsu Express Private.
