In view of the emerging huge business avenues in the sector, TVS Logistics has entered into the construction sector and targeted investment worth Rs.6,000 crore in the new verticals including movement of bulk commodities and procurement planning of non-production items for other projects. According to the CEO (India), TVSLSL, R Shankar, in the construction business, the company will get into bulk transport of various commodities such as cement and steel. These capabilities are available within the company’s fold elsewhere and will be cross deployed in India. TVS Logistics has over the last decade-and-a-half acquired over 20 businesses in logistics and related areas worldwide. Apart from that, TVSLSL will also get into procurement, procurement planning and inventory management of non-production items, referred to as C-class items, for its clients. This is a step beyond just logistics services. These are proven models of outsourcing in developed markets and can be deployed in India particularly with the transition to GST. As a matter of fact, TVSLSL is exploring option of supplying construction material on ‘just-in-time’ basis or as needed by large construction companies. Essentially, large construction companies may have multiple construction sites in a city. TVSLSL will provide a consolidated storage facility to hold adequate stocks like pipes and electrical fittings which can be moved as needed by the clients, he added.
📅Published on:
07 March 2018
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
