Stock Analyst Choice

TCI: Moving India

A growing economy and the big infrastructure boom mean that things are looking up for TCI. One of India's largest logistics solutions provider, TCI's stock is hot at the moment. Find out why

Gone are the days when Transport Corporation of India (TCI) was just a transportation company. It is now an integrated logistics solution provider with a presence across the entire logistics value chain. In fact, TCI is one of the largest multi-modal logistics solutions providers in India. Set up in 1958 as part of the TCI Group, the company has an extensive network of around 1,100 company-owned offices with over 5,700 employees. TCI has transformed its business model over the years to focus on high-margin businesses like supply chain, express cargo and shipping. Its six business segments ensure that it has a presence across the entire logistics value chain: transportation (including conventional trucking), express (cargo and courier), supply chain solutions (SCS), coastal shipping, windmills and trading (fuel stations). It operates a fleet of over 3,000 trucks, 5 cargo ships, 6.5 million square feet of state-of-the-art warehousing space, and a total installed windmill power generation capacity of 11.5 MW. The company forayed into third party logistics (3PL) solutions by forming a joint venture with Mitsui

This article was originally published on November 30, 2007.


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