Business Standard

Pincon Spirits buys 100 vehicles from Tata Motors

Image

Press Trust of India New Delhi
Liquor firm Pincon Spirits today said it has bought 100 goods transport vehicles from auto major Tata Motors to increase logistics infrastructure.

"...It has acquired 100 goods transport vehicles from Tata Motors for increasing its captive logistics infrastructure," the company said in a BSE filing.

Pincon Spirits said that by adding to the captive logistics infrastructure, it has equipped itself for catering to transportation of much greater volume goods and also for cost curtailment in transportation.

Shares of the company were trading 3.77 per cent up at Rs 64.70 on BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 28 2017 | 2:43 PM IST

Explore News