Gati-KWE launches air freight product, to spend Rs 100 crore on infra, technology in FY22
Gati-KWE, an Allcargo company has launched air freight solutions for pharma, electronics and auto ancillaries. The company has also earmarked a budget of Rs 100 crore for infrastructure and technology development in FY21-22. Allcargo owns close to 47% in Gati.
“We have an aggressive expansion plan, targeting robust growth of 30% Y-o-Y by FY22 with the air freight business contributing a healthy double-digit to the topline. We are committed to adding value to our customers’ supply chains by providing end-to-end air cargo and multi-modal transport solutions in a time-efficient and cost-effective manner,” said Bala Aghoramurthy, Deputy Managing Director, Gati-KWE Ltd.
