DSV, Adani Group, and Mahindra Logistics Ltd. were Dominating India and Thailand Automotive Logistics Market in 2021

India and Thailand Automotive Logistics Market is expected to grow with the CAGR of 6.0% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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India and Thailand automotive logistics market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in India and Thailand automotive logistics market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In March 2022, DSV announced the opening of a new giant 95,000 m2 warehouse and office in Denmark. This new warehouse will help the company to expand its business through increasing the storing and logistic capabilities resulting gaining the capability of handling large volume of logistic orders.

DSV is the dominating player in India and Thailand automotive logistics market. The other key players existing in the market are NYK Line, APL Logistics VASCOR Automotive (PVT) Ltd., TVS Supply Chain Solutions, Mahindra Logistics Ltd, TCI Supply Chain Solutions, V_TRANS, Adani Group, DSV, CEVA Logistics, KERRY LOGISTIC NETWORK LIMITED, Schenker AG, A.P. Moller-Maersk, hellmann WORLDWIDE LOGISTICS among others.

DSV

DSV was founded in the year 1976 and is headquartered in Høje-Taastrup, Denmark. The company focuses in providing and managing supply chain solutions for global companies. The company has service category as our solutions. The company operates in various business segments such as Air services, sea services, road services and solutions services of which all are market focused category. The subsidiaries of the company are DSV Road Holding NV (Belgium), Oy Agility Logistics AB (Finland), DSV Air & Sea GmbH DSV Air & Sea GmbH (Austria), DSV Air & Sea A.S (Turkey) and Agility Spain SA (Spain) among others.

For instance,

  • In December 2021, DSV announced the launch of Green logistics to accelerate the green transition of the industry. This new development will help the company to offer wide range of logistic solutions along with the focusing on reducing emissions which helps to attract customers towards green offerings

The company has wide presence across Americas, Europe, Middle East and Africa, Asia-Pacific, and Oceania.

Mahindra Logistics Ltd.

Mahindra Logistics Ltd. was founded in the year 2007, and is headquartered in Maharashtra, India. The company is engaged in providing integrated supply chain and mobility solutions across diverse industries. The company has several solution categories including supply chain management, mobility services, and technology of which supply chain management is the focused category. The company operates in various business segments such as supply chain management and enterprise mobility of which supply chain management is market focused category. The subsidiaries of the company are LORDS (India), 2X2 Logistics Pvt. Ltd. (India), and Transtech Logistics (India) among others.

For instance,

  • In February, Mahindra Logistics Ltd. announced the acquisition of majority stake in ZipZap Logistics Private Limited. This acquisition will help the company to accelerate addition of technology, geographical coverage and operational capabilities which leads ton to accelerate the growth of revenue for the company

The company has a presence in Asia-Pacific.

Adani Group

Adani Group was founded in the year 1988 and is headquartered in Gujarat, India. The company is engaged in providing transport and utility infrastructure portfolio with global standards. The company offers various solutions such as port & terminals, logistics, industrial land and dredging of which logistics is market focused category. The subsidiaries of the company are Abbot Point Operations Pty Limited (Australia), Abbot Point BulkCoal Pty Limited (Australia), Adani Agri Logistics Limited (India), Adani Logistics International Pte Limited (Singapore), Adani Yangon International Terminal Company Limited (Myanmar) and others.

For instance,

  • In January 2022, Adani Group announced the acquisition of the Sarguja rail Corridor. This acquisition will help the company to consolidate rail assets which allow the company to target 2,000 km of track length resulting in expansion of logistics operations.

The company has a presence across Asia-Pacific.