New Delhi, June 15: Multimodal logistics solutions provider AVG Logistics Ltd has secured a three-year transportation contract from Haldiram Nagpur, strengthening its presence in the fast-moving consumer goods (FMCG) logistics segment.
Under the agreement, the company will deploy 100 dedicated vehicles to support Haldiram Nagpur’s distribution network across western and southern India, as well as key eastern markets including Odisha, Bihar and Jharkhand.
The contract is expected to generate annual revenue of around ₹35 crore for AVG Logistics, translating into an estimated order value of nearly ₹105 crore over the initial three-year tenure.
The company said the addition of 100 vehicles would enhance its fleet capacity and improve service coverage and delivery efficiency across major distribution corridors. The contract forms part of AVG Logistics’ strategy of expanding operations through long-term dedicated contracts with large consumer-facing companies.
The agreement was finalised by Vinayak Gupta, Chief Strategy Officer and ESG Head, and Sumit Garg, Executive Vice-President of AVG Logistics, along with Kamal Aggarwal of Haldiram Nagpur.
Commenting on the development, Sanjay Gupta, Managing Director and Chief Executive Officer of AVG Logistics, said the order underscores the confidence that leading FMCG companies have in the company’s logistics capabilities.
“Strengthening our presence in the FMCG sector remains a key priority, and this deployment enables us to deliver more efficient, scalable and reliable logistics solutions. We remain committed to supporting our clients’ growth with high-quality transportation services,” Gupta said.
Founded in 2010, AVG Logistics provides transportation, warehousing, distribution and supply chain management services, including third-party logistics (3PL) offerings. The company operates more than 70 automated branches across India and manages a fleet of over 3,000 owned and hired vehicles, along with warehousing space of more than 8.56 lakh sq ft.
Its customer base includes companies such as Nestlé, Hindustan Unilever, Maruti Suzuki, ITC, Bharti Airtel, Tata Steel, Marico, Varun Beverages and Coca-Cola.
For FY25, AVG Logistics reported revenue of ₹551.52 crore, EBITDA of ₹95.57 crore and profit before tax of ₹26.33 crore.