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December 21, 2024
It Partnership to provide Japanese automotive clients in India, aiming for a INR 1,000 crore (USD 120 Million) business over five years, supporting 'Make in India'.
Date: May 31, 2024From L to R Rampraveen Swaminathan, MD & CEO, Mahindra Logistics and Mr. Yoshitaka Taguchi, CEO, Seino Holdings
Gifu, Japan- Seino Holdings co Ltd., a Japanese logistics company, has entered into Indian market thought a strategic partnership with Mahindra Logistics Limited., This partnership aims to offer integrated logistics solutions to leverage Seino’s relationships with Japanese automotive customers and serve their logistics requirements in India.
Mr. Yoshitaka Taguchi, CEO, Seino Holdings, said, “Seino Holdings is expected to provide significant value to customers, and in collaboration with Mahindra Logistics’ unmatched capabilities, we endeavour to serve Japanese customers in India. Through this partnership, we will offer comprehensive logistics solutions supported by digitisation, innovation, and a customer-centric approach, allowing us to efficiently manage the end-to-end supply chain.”
Mr. Rampraveen Swaminathan, MD & CEO, Mahindra Logistics, said, “India’s economic resurgence, complemented by its unique geographical location, offers Japanese multinational companies an unprecedented opportunity in the country. Seino Holdings, with its distinguished legacy of business excellence, is in alignment with our commitment to delivering exceptional customer experiences and robust process capabilities throughout the supply chain.”
He further said that the company envisions this partnership contributing to the creation of a sustainable INR 1,000 crore (USD 120 Million) business model over the next five years, further reinforcing the ‘Make in India’ initiative and fostering local manufacturing and economic growth.