Gati Ltd
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| 250px | |
| Public | |
| Traded as | BSE: 532345 NSE: GATI |
| ISIN | INE152B01027 |
| Industry | Logistics and supply chain management |
| Founded | 1989 |
| Headquarters | Hyderabad, Telangana, India |
|
Area served
|
India |
|
Key people
|
Shashi Kiran Shetty (Chairman) |
| Revenue | Total revenue stood at INR 1711.67 crores in FY2019-20 |
| Subsidiaries | Gati-Kintetsu Express Pvt Ltd. Gati Kausar India Ltd. |
| Website | gati.com |
Gati Ltd. is one of India's premier express distribution companies headquartered in Hyderabad, Telangana, India.[1][2][3] It offers surface and air express logistics, warehousing and supply chain solutions, air freight and e-commerce services. Gati has offices in all major states of India.
Gati was founded in 1989 and first started operations between Madras (now Chennai) and Madurai. In 2020, it was acquired by Allcargo Logistics and Shashi Kiran Shetty, CMD, Allcargo Logistics Ltd., currently serves as the Chairman. [4] Gati is listed on the National Stock Exchange and Bombay Stock Exchange.
Contents
History
Early history
Gati began in 1989 and started providing same-day courier and distribution services and courier management solutions between Chennai and Madurai. The company expanded to Hyderabad, Bangalore (now Bengaluru), Chennai and Hosur within the same year.[5]
It became the first company in India to start providing the delivery date on the docket and started offering a money back guarantee.[6] The company was incorporated in 1995 as Gati Corporation Ltd.
1996–2000:
Introduced 3PL in India
Began offering multi-modal services, courier services and international operations to SAARC countries
2001–2008: Growth and expansion
Launched Supply Chain Management solutions
Introduced customer convenience centres
Launched Vehicle Tracking System, a centralised computer system to manage people, packages and vehicles in real time
Created a centralized call centre in Nagpur.[7]
2009–2012
Gati signed a joint venture agreement with Kintetsu World Express for their express distribution and supply chain business to form Gati–KWE, which is a subsidiary of Gati.[8]
Introduced its e-commerce logistics services [9]
2020
Strategic acquisition by Allcargo Logistics and Gati's transition into An Allcargo Company [10]
GATI-KWE
Gati-Kintetsu Express Private Limited (Gati-KWE) is a Joint Venture between Gati – India’s pioneer and leader in Express Distribution and Supply Chain Solutions, and Japan's Kintetsu World Express (KWE) where KWE holds 30% stake in Gati-KWE and Gati holds the remaining 70%.[11]
References
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