GATI Ltd signs MoU with China Rly Exp Int Logistics

Mumbai, Jan 11 (UNI) GATI Ltd, a pioneer in the logistics sector in India, today announced the signing of a comprehensive Memorandum of Understanding (MoU) with China Railway Express International Logistics Company Ltd (CREIL), a market leader in China for rail and road cargo and packaging delivery.

After signing of MoU, GATI Ltd CEO and MD Mr Mahendra Agarwal told mediapersons ''This MoU would result into an end-to-end distribution solutions from anywhere in India to everywhere in China and vice versa. This unique tie up will provide exporters and importers a unique opportunity for end-to-end connectivity in India and China markets. GATI has delivery in 594 districts out of 602 districts and CREIL has pan-China presence in 500 cities across all 31 provinces. The two companies will co-operate in development of freight forwarding ocean freight, courier and logistics services in booming India-China trades lane.'' CREIL Vice President Qiao Song said, ''The timing could not have been better for our dedicated agreement with GATI Ltd. Amid this robust trade and business growth environment, companies doing business in India and China can now seamlessly acess the networks of two market leaders.'' UNI AR KU VKG1915