Western Carriers India Ltd., a provider of integrated logistics and supply chain solutions, on Wednesday announced an order win valued at approximately Rs 558 crore from Jindal Stainless Ltd.
The three-year contract involves the dispatch of slabs, coils, and sheet plates in DSO Containers to multiple destinations across India, according to an exchange filing.
This engagement strengthens the relationship between WCIL and JSL. This contract also highlights Western Carriers' ability to deliver logistic services for the manufacturing and metals sector, the filing said.
Commenting on the development, Rajendra Sethia, chairperson and managing director of Western Carriers India, said: "This is a prestigious mandate that reinforces our capabilities in managing large-scale, mission critical logistics operations across India."
"We remain committed to delivering efficient and quality services to support the domestic industrial ecosystem," he added.
Western Carriers is one of India's largest multi-modal, rail-focused, 4PL asset-light logistics companies. With a scalable, technology-enabled business model, WCIL delivers customised, end-to-end 3PL and 4PL logistics solutions, integrating road, rail, water, and air transport along with value-added services across the supply chain.
Founded as a rail-centric logistics venture by Rajendra Sethia in 1972 and incorporated under WCIL in 2013, the company has evolved over five decades to become a partner for integrated, single-window logistics solutions tailored to complex operational needs.
Western Carriers stock closed 0.43% higher at Rs 110 apiece, compared to an 0.80% advance in the benchmark Nifty 50 at close on Wednesday. The scrip has declined 2.98% on a year-to-date basis.
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