AVG Logistics Ltd in strategic partnership for Green Supply Chain Transformation

AVG Logistics Limited, in strategic partnership with Nestlé India and Ashok Leyland, is pleased to announce a significant milestone in our commitment to sustainability and green logistics. Through this collaboration, we are proud to roll out a dedicated green corridor for Nestlé India, powered by the deployment of 50 CNG trucks.

This partnership marks a transformative step in the logistics sector, contributing to a reduction in market dependency while simultaneously enhancing cost efficiency and significantly minimizing the carbon footprint. The CNG-powered vehicles will collectively cover an estimated 2.75 lakh kilometres per month, and are projected to contribute to an emission reduction of approximately 1.1 lakh kg of CO₂ annually.

This initiative highlights the synergy between operational efficiency and carbon mitigation, strengthening supply chain resilience while promoting long-term environmental responsibility.

We would like to extend our heartfelt appreciation to the Nestlé India team, especially Sh. Varun Gupta (Supply Chain Director, Nestlé SAR) and Sh. Balbir S Bhalla (Head of Physical Logistics for SAR), whose continuous guidance and unwavering support have been instrumental in making this project a reality.

Our sincere thanks also go to the Ashok Leyland team, particularly Sh. Arindam Das (Zonal Manager), for their valuable partnership in enabling cleaner, more reliable, and future-ready transportation solutions.

At AVG Logistics, we remain steadfast in our commitment to integrating sustainable innovation into our value chains. By leveraging cost-effective transportation models, technology-led logistics solutions, and green logistics strategies, we aim to continue delivering measurable value to our partners while actively contributing to a cleaner, more sustainable future.

This strong and productive partnership with Nestlé India and Ashok Leyland will facilitate innovative supply chain solutions and play a pivotal role in improving financial performance of the Company. Their trust and support will help in driving sustainable growth and operational excellence, empowering us to continually deliver on both business and environmental goals.

Shares of AVG Logistics Limited was last trading in BSE at Rs. 175.70 as compared to the previous close of Rs. 175.40. The total number of shares traded during the day was 450 in over 37 trades.

The stock hit an intraday high of Rs. 178.50 and intraday low of 171.20. The net turnover during the day was Rs. 79419.00.

Source : Equity Bulls

Keywords

AVGLogistics INE680Z01018 StrategicPartnership NestleIndia AshokLeyland