Gati Kausar, a cold chain transportation solutions subsidiary of Hyderabad-based Gati Limited, is planning to increase its reefer fleet (refrigerated trucks) from the current 162 to 350 by 2015.
“Gati Kausar’s business strategy will focus primarily on organised retail, including food chains, pharmaceuticals, dairy products, agro products and FMCG,” Gati said in a press release.
As part of its restructuring strategy, Gati had, in 2011, acquired Delhi-based cold chain company Kausar (India) Limited, which offers both cold and ambient supply chain solutions.
The company is also betting big on the express distribution and supply chain (EDSC) segment, and expects a growth of over 20% in this business through synergies and improve profitability through cost efficiencies.
Gati had completed a 70:30 joint venture (JV) with $3.5-billion Japanese multinational, Kintetsu World Express (KWE), to form 'Gati Kintetsu Express Private Limited' for its EDSC business. KWE had invested Rs 267 crore in the JV.