Monday, September 24, 2007

Reliance Logistics in JV with Concor

Reliance Logistics (RLPL), an associate company of Reliance Industries, and the public sector Container Corporation of India (CONCOR) have forged a 51:49 joint venture company to provide end-to-end logistics solutions to manufacturers, traders and retailers across the country.

Christened Infinite Solutions, the new JV company will provide customised and standard container transportation by road and rail, distribution and related ancillary services. The company is planning significant investments in trucking, warehousing and material handling equipment assets.

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