Top 10 Transport Companies in India

The top 10 transport companies in India play a vital role in the country’s logistics network, ensuring seamless movement of goods and passengers. The transportation industry includes air, rail, road, and waterborne transport, along with warehousing and storage services.

It also encompasses transit and ground passenger transport, pipelines, postal, courier, and messenger services. Transportation companies in India mostly depend on the global economy.

A stable and healthy economy boosts manufacturing output, commodity trade, leisure travel, and both consumer and business spending. While some costs, such as fuel and labor, remain constant, running a successful transportation business requires a strong global economy and efficient operational management.

Did you know? United Parcel Service, Inc (UPS), an American based company is considered to be the number 1 transport company in the world, valued at USD34.6 billion 

Here is a list of the top 10 transport companies in India, based on various factors such as revenue, size, market presence, and reputation:

I) Transport Corporation of India (TCI)

In terms of sales, Transport Corporation of India (TCI) is a biggest transport company and supply chain solutions provider in India. The company offers a wide range of services including transportation, warehousing, distribution, and supply chain management for businesses and individuals.

TCI has a nationwide network of branches and a fleet of vehicles including trucks, trailers, and containers to provide efficient and timely delivery of goods. TCI also provides custom clearance, documentation, and other value-added services to its clients.

In addition to its domestic operations, the company also has a presence in international markets through its global network of partners

Market Size:

As of December 2022, Transport Corporation of India has a market cap of $0.53 Billion. This makes Transport Corporation of India the world’s 5215th most valuable company by market cap according to company’s progress and data.

The market capitalization, commonly called market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure how much a company is worth.

Global Network:

TCI is a well-known global provider of supply chain and logistics solutions. TCI has effectively grown its business abroad through smart collaborations, alliances, and a vast network of offices and agents.

Major economic centers in Asia, Europe, North America, Africa, and other continents are included in the company’s worldwide network.

With the help of this vast network, TCI is able to provide its clients all over the world with end-to-end logistics services, such as freight forwarding, customs clearing, warehousing, distribution, and value-added services.

A strong infrastructure, including cutting-edge warehouses, transportation fleets, and sophisticated tracking systems, supports TCI’s global network. Irrespective of the location, these capabilities guarantee dependable and prompt delivery of the items.

By leveraging its global network, TCI strives to provide seamless logistics solutions, enhance supply chain efficiency, and meet the evolving needs of its global clientele.

Technology and Innovation:

TCI has made major investments in these fields because it understands how important technology and innovation are to the logistics sector. TCI wants to improve operational efficiency, optimize supply chain procedures, and provide outstanding client experiences.

To that end, it makes use of cutting-edge technology and promotes an innovative culture. To simplify its operations and offer real-time visibility into the movement of commodities, the firm uses cutting-edge software systems and digital platforms.

With the aid of these technologically advanced monitoring and tracing, inventory management, and performance analytics tools, TCI and its clients are able to make data-driven choices and proactively handle any logistical issues.

Additionally, TCI researches cutting-edge technologies to accelerate innovation in its services, including artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT).

TCI now guarantees that it stays at the forefront of industry trends and continually provides new logistics solutions to its clients by focusing on technology and innovation.

ii) Blue Dart Express

Blue Dart Express is a courier and logistics company based in India. The company was established in 1983 and is headquartered in Mumbai. It is a subordinate of DHL, the global logistics company.

Blue Dart offers a range of services including air and ground transportation, warehousing, and customs clearance. The company operates a connection of more than 50,000 locations across the nation, making it one of the largest and most comprehensive logistics companies in the country.

In addition to its domestic operations, Blue Dart also provides international shipping services to more than 220 countries and territories around the globe.

Market Size:

As of December 2022, Blue Dart Express has a market cap of $2.12 Billion. This makes Blue Dart Express the world’s 3576th most valuable company by market cap according to our data.

Global Network:

Blue Dart Express has built a strong worldwide network that enables it to provide dependable and efficient delivery services globally. To guarantee smooth operations, the corporation strategically placed its own offices and worked with reliable agents in numerous nations.

Blue Dart is able to offer end-to-end logistics services, such as collection, transportation, customs clearing, and ultimate delivery, to more than 220 countries and territories throughout the world because of its broad network.

Blue Dart Express provides a variety of services crafted to satisfy the various demands of its clients by utilizing its extensive worldwide network. These services include express delivery alternatives, freight forwarding, supply chain management, local and international courier deliveries, and specialized services for various sectors like healthcare, e-commerce, automotive, and more.

Technology and Innovation:

To improve its operating efficiency and provide a smooth client experience, Blue Dart Express places a strong focus on technology and innovation. The key to Blue Dart Express’ strategy for dominating the logistics sector is innovation. The business investigates new trends and technology constantly to find areas for development and growth.

For instance, Blue Dart has made investments in the creation of mobile applications, customer portals, and digital platforms that enable users to easily manage logistics, track shipments, and access real-time information.

In addition, Blue Dart Express actively researches environmentally friendly and sustainable methods to lessen its influence on the environment. The business looks into alternate energy sources, uses effective transportation methods, and uses ecologically friendly packaging materials.

iii) Gati

It is a leading Indian express distribution and supply chain solutions company that was established in 1989. The company offers a range of services including express delivery, freight, and supply chain solutions to businesses and individuals across India and internationally.

Gati has a connection of over 10,000 service points and a fleet of over 4,000 vehicles, and it operates through a network of branches, hubs, and warehouses located in major cities across the nation.

In addition to its main express delivery and supply chain services, Gati also offers e-commerce fulfilment solutions, cold chain solutions, and transportation solutions for the healthcare, retail, and automotive industries.

Note – There’s a scheme launched by the Prime Minister in October 2021 and goes by a similar name of “PM Gati Shakti“, you can refer that as well.

Market Size:

Global Network:

Gati Limited, headquartered in Hyderabad, Telangana, is an Indian logistics company. Air freight, warehousing, supply chain management, surface and air express logistics, and e-commerce services are among the variety of services it offers.

Gati has offices located in all major states across India. The company was established in 1989 and initially operated between Madras (now Chennai) and Madurai. In 2020, it was acquired by Allcargo Logistics, with Shashi Kiran Shetty, CMD of Allcargo Logistics Ltd., currently serving as chairman.

Gati is listed on both the National Stock Exchange and the Bombay Stock Exchange.

Technology and Innovation:

Gati recognizes the importance of technology and innovation in the transport business in India. The company has made significant investments in technology to streamline its operations and enhance the overall customer experience. Here are some key technological initiatives undertaken by Gati:

E-commerce Solutions:

To meet the expanding demands of online enterprises, Gati has created specialized e-commerce logistics solutions. Last-mile delivery, order fulfillmentt, reverse logistics, and inventory management are a few of these options.

Gati offers seamless connections with e-commerce platforms through the use of technology, facilitating quick order processing and on-time deliveries.

Warehouse Management:

Gati optimizes inventory storage and retrieval through the use of technology-driven warehouse management solutions. Accurate and effective administration of the inventory within the warehouses is made possible by automated procedures, barcode scanning, and inventory tracking systems. This facilitates quicker order fulfillment and lowers logistical error rates.

Data Analytics:

Gati uses data analytics to understand consumer behavior, enhance delivery schedules and routes, and pinpoint operational inefficiencies. Gati can improve productivity, make data-driven choices, and provide clients with value-added services by analyzing data.

iv) DHL Supply Chain

It is a division of DHL, a global logistics company that offers a range of supply chain management and logistics services. DHL Supply Chain is focused on providing solutions for the procurement, production, and distribution of goods and materials for businesses around the globe.

Some of the services offered by DHL Supply Chain include:

• Contract Logistics – customized solutions for managing the entire supply chain process, from sourcing to procurement to production, distribution and furthermore.
• Warehousing & Distribution – storage and distribution services, including cross-docking, order fulfillment, and inventory management.
• Transportation Management – Planning and execution of transportation services, including air, sea and ground transportation as well as intermodal solutions.
• Value-added Service – A wide range of services that add value to the supply chain process, including packaging, labeling, kitting and assembly.

DHL Supply Chain has a global network of warehouses and distribution centers, as well as fleet of vehicles and a team of experienced professionals to manage and develop the supply chain process.

Global Network:

More than 220 nations and territories are included in the vast global network that DHL Supply Chain can boast of. To achieve optimal coverage and effective product flow, DHL Supply Chain places its warehouses, distribution centers, and transportation hubs strategically.

The company’s global network enables quick access to important markets and trade routes, supporting the seamless movement of goods across international boundaries.

In order to overcome complicated customs laws, trade compliance standards, and paperwork requirements, DHL Supply Chain makes use of its expertise in international logistics.

This guarantees the prompt and secure delivery of goods. DHL Supply Chain is well-established throughout several nations, enabling it to provide clients with localized assistance and an understanding of certain industries.

This gives the business the ability to modify its offerings to satisfy the distinct needs of various markets and sectors, delivering specialized solutions that boost operational effectiveness and customer happiness.

Technology and Innovation:

To improve its supply chain solutions, DHL Supply Chain places a major emphasis on technology and innovation. The business uses cutting-edge digital technology and data analytics to streamline procedures, increase productivity, and give supply chain operations real-time insight.

The transportation management system (TMS) that DHL Supply Chain exclusively uses is one of the most important technology enablers. The TMS offers end-to-end visibility and connects with other supply chain management systems, allowing for greater control and administration of transportation operations.

It contributes to the optimization of carrier selection, route planning, load consolidation, and tracking, resulting in increased effectiveness and cost savings.

To improve warehouse operations, DHL Supply Chain makes use of cutting-edge technology, including the Internet of Things (IoT), automation, robots, and artificial intelligence (AI). These technologies facilitate effective order selection, sorting, and packing procedures, which lower mistakes and boost efficiency.

DHL Supply Chain also makes investments in digital tools and platforms that facilitate streamlined communication with its customers and suppliers. These systems promote solid collaborations and enable proactive decision-making by facilitating open communication, data sharing, and real-time supply chain performance monitoring.

v) Safe Express

Safexpress Private Limited is a non-govt company, incorporated on 1996. It’s a private unlisted company and is classified as ‘company limited by shares.

Company’s authorized capital stands at Rs 250.0 lakhs and has 40% paid-up capital which is Rs 100 lakhs. Safexpress Private Limited last annual general meet (AGM) happened on 29 Sep 2017. The company last updated its financials on 31 March 2017 as per Ministry of Corporate Affairs (MCA).

Safexpress Pvt. Ltd. Is majorly in Transport, storage and communications business from last 26 years and currently, company operations are active.

Market Size: 7601827816

Here is a summary of financial information of SAFEXPRESS PRIVATE LIMITED for the financial year ending on 31 March 2022.

• Revenue / turnover of SAFEXPRESS PRIVATE LIMITED is Over INR 500 cr
• Net worth of the company has increased by 15.69 %
• EBITDA of the company has increased by 0.58 %
• Total assets of the company have increased by 19.79 %
• Liabilities of the company has increased by 11.07%

Pan India:

An Indian logistics firm called Safe Express was founded in 1997 and provides a range of services, including freight forwarding, warehousing, shipping, and customs clearing. It has a vast network of more than 100 offices and warehouses, and it works all throughout India.

Although Safe Express’s primary market is India’s domestic market, the company has partnered with other logistics firms to increase its reach abroad. For instance, the business collaborates with DHL to provide its clients with worldwide shipping services.

Safe Express received the Federation of Indian Chambers of Commerce and Industry’s (FICCI) 2023 “Best Logistics Company” award.

Technology and Innovation:

Innovative uses of technology are being constantly investigated by Safe Express to improve its logistical services. The business fully believes that technology will have a significant impact on how the logistics sector develops in the future.

Better customer service:

Due to Safe Express’ widespread presence across India, the firm is able to provide national logistics services, guaranteeing a constant level of support to consumers wherever they may be located.

Efficiency boost:

Safe Express has managed to increase its operating efficiency via the investment of new technology, which has led to cost savings and better customer service.

Greater security:

Safe Express has strengthened the security of its logistical operations by implementing advanced technology that is protecting both its clients’ goods and itself.

vi) Aegis Logistics Ltd

Aegis Logistics Limited is a diversified firm based in India that provides logistics and supply chain management services.

The company has a presence in various sectors, including oil & gas, chemical & petrochemical, and retail & consumer products. Aegis Logistics operates a network of terminal facilities and pipelines for the storage & handling of liquid and gas products.

It also provides transportation and distribution services, including rail and road transport, as well as warehousing and other value-added services. Along with its domestic operations, the company has a global presence through its connection with overseas offices and partnerships.

Market Size:

Below mentioned two figures shows the 5 years Revenue and Net Profit of Aegis Logistics.

Global Network:

To support its operations and satisfy client requests, Aegis Logistics has built a powerful worldwide network. The business now operates in a number of nations, including Singapore, the Middle East, and Africa, in addition to India.

Aegis Logistics has a substantial presence in Singapore because of its affiliate, Aegis Group International. On Jurong Island in Singapore, the firm runs a cutting-edge import terminal and storage facility. Aegis Logistics can easily import, store, and distribute liquefied petroleum gas (LPG) throughout the area to this facility.

Aegis Logistics has formed a branch in the Middle East called Aegis Group International FZE, which is based in the United Arab Emirates (UAE). The company’s position in the Middle East enables it to meet the expanding need for logistical services for chemicals and petroleum in the area.

Through its subsidiary, Aegis Eastern Africa Ltd., Aegis Logistics is also present in Africa. Mombasa, Kenya, is home to the company’s storage facilities, which are important points of distribution for LPG and other petroleum goods in the East African market.

Technology and Innovation:

Advanced software systems are used by Aegis Logistics for order monitoring, inventory control, and supply chain management. With the help of these technologies, activities may be monitored and optimized in real-time, ensuring timely delivery and reducing delays or disturbances.

The business also uses technologically-based safety and security measures. To maintain the greatest degree of safety at its storage terminals and facilities, it uses cutting-edge monitoring technologies, such as CCTV surveillance, fire detection, and access control systems.

In terms of innovation, Aegis Logistics always looks for ways to improve company operations and find new growth prospects. To be on the leading edge of innovation in the logistics business, the organization aggressively seeks out partnerships and collaborations with technology suppliers, startups, and industry experts.

vii) Mahindra Logistics Ltd (MLL)

Mahindra Logistics Limited (MLL) is a provider of supply chain management and third-party logistics services in India.

It is a part of the Mahindra Group, a diversified combination with a presence in different sectors, including automotive, agribusiness, aerospace, two wheelers, and defense. MLL offers a range of services, including transportation, warehousing, distribution, and value-added services such as packaging and assembly.

The company serves several sectors, including automotive, engineering, fast-moving consumer goods, and pharmaceuticals. MLL has a network of warehouses and distribution centers across India and also has a presence in international markets through its subsidiaries and joint ventures across the globe.

Market Size:

Mahindra Logistics Ltd. key Products/Revenue Segments include Services Rendered and Other Operating Revenue for the year ending 31-Mar-2022.

For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 1,329.68 Crore, up 10.53 % from last quarter Total Income of Rs 1,202.99 Crore and up 30.22 % from last year same quarter Total Income of Rs 1,021.07 Crore. Company has reported net profit after tax of Rs 11.91 Crore in latest quarter.

As on 30-06-2022, the company has a total of 7.19 Crore shares outstanding.Show Less

Global Technology

Mahindra Logistics Limited (MILL) was established in 1993 as a subsidiary of Mahindra & Mahindra Limited. But it underwent a demerger and became an independent organization in 2007.

The MILL corporation has its headquarters in Mumbai, Maharashtra, and a sizable network of more than 100 offices and warehouses spread throughout India. Mahindra Logistics Limited (MILL) has international locations, although the Indian market continues to be its major focus.

In addition to having a significant presence throughout India, the firm has also increased its reach internationally by opening offices in countries including the Middle East, Europe, and the United States.

MILL provides a dependable partner for companies of all sizes, meeting the requirements of both little-known firms and huge multinational corporations. With a strong focus on quality and client satisfaction, the business has made a name for itself as a leading logistics supplier in India.

Technology and Innovation:

MLL places a strong emphasis on innovation and actively investigates cutting-edge technologies that have the potential to completely transform the logistics sector. This involves looking at how automation, artificial intelligence, the Internet of Things, and blockchain could improve the effectiveness, openness, and agility of logistical operations.

MLL has made major investments in the creation and use of advanced logistics solutions. Modern transportation management systems (TMS) and warehouse management systems (WMS) are used by businesses to simplify operations, track shipments in real-time, and manage inventories.

To be on the front lines of innovation, MLL also works with technological partners, start-ups, and industry experts. MLL strives to provide value for its clients by providing cost-effective, sustainable, and future-ready logistics solutions by encouraging an environment of innovation and embracing new technology.

viii) VRL Logistics Limited

VRL Logistics Limited is one of the top 10 logistics companies in India. The company was founded in 1976 and is headquartered in Hubli, Karnataka.

VRL Logistics provides a range of services, including transportation of goods, package delivery, and warehousing. It operates a fleet of trucks and has a network of branches and franchises across India. It also has a presence in other sectors, including travel and tourism, media, and real estate.

The company is also known for its distinctive orange-colored trucks, which are a common sight on Indian roads.

Market Size:

VRL Logistics Ltd. key Products/Revenue Segments include Income From Transportation Services, Travel Operations, Power, Scrap, Services (Courier), Airlines, Freight, Service (Hotel) and from Advertisement for the year ending 31-Mar-2022.

For the quarter ended 30-09-2022, the company has reported a Standalone Total Income of Rs 732.95 Crore, up 1.79 % from last quarter Total Income of Rs 720.08 Crore and up 14.86 % from last year same quarter Total Income of Rs 638.14 Crore. Company has reported net profit after tax of Rs 31.46 Crore in latest quarter.

As on 30-09-2022, the company has a total of 8.83 Crore shares outstanding.

Pan India:

A significant Indian conglomerate with headquarters in Hubballi, Karnataka, is VRL Logistics Limited, better known as the VRL Group. It runs businesses in 23 states and 4 union territories around the nation, offering a variety of services like publishing, logistics, and road transportation.

With a fleet of 4,360 vehicles, including 3,941 transport goods trucks and 419 tourist buses, the VRL Group is one of the biggest logistics and transport firms in India. In fact, VRL is recognized as the largest fleet owner of commercial vehicles in the nation’s private sector by the Limca Book of Records.

With 931 branches, 40 hubs, and several transport yards dispersed throughout India, VRL has a significant presence.

Technology and Innovation:

With a network spanning over 23 states and 4 union territories in India, VRL Logistics Limited offers seamless logistics services to its clients. In order to improve its logistics operations and the client experience, VRL Logistics Limited has made investments in technology and innovation.

A number of digital solutions have been created by the business, such as a smartphone app for tracking shipments, a customer site for handling orders, and a transportation management system for streamlining logistics processes.

To increase the visibility and effectiveness of the supply chain, VRL Logistics Limited has also adopted cutting-edge technology like GPS tracking, RFID tagging, and predictive analytics.

ix) TCI Express Limited

TCI Express Limited is a transportation and logistics company based in India. The company was founded in 1958 and is headquartered in Gurugram, Haryana.

TCI Express offers a range of services, including surface transportation, air & sea freight, warehousing, and distribution. It operates a network of branches and franchises across India and also has a presence in international markets. It also has a presence in other sectors, such as real estate and healthcare.

The company is known for its commitment to providing high-quality services and using advanced technology to optimize its operations.

Market Size:

TCI Express Ltd. key Products/Revenue Segments include Freight & Demurrage for the year ending 31-Mar-2022.

For the quarter ended 30-09-2022, the company has reported a Standalone Total Income of Rs 312.17 Crore, up 6.77 % from last quarter Total Income of Rs 292.37 Crore and up 13.19 % from last year same quarter Total Income of Rs 275.80 Crore. Company has reported net profit after tax of Rs 37.79 Crore in latest quarter.

As on 30-06-2022, the company has a total of 3.85 Crore shares outstanding.

Global Network:

To meet the transport demands of its clients in numerous nations, TCIL has built a strong worldwide network. To offer effective and smooth logistics solutions, the firm has strategically positioned its offices and warehouses in prime locations across the world.

TCIL provides clients worldwide with end-to-end logistics services through its large network, including shipping, warehousing, customs clearing, and value-added services. To ensure seamless border crossing of goods, TCIL has worked with international shipping lines, airlines, and freight forwarders.

Through these partnerships, TCIL is able to provide multimodal transportation solutions that include land, sea, air, and train modes to satisfy a variety of client needs. By utilizing its extensive network, TCIL is able to effectively manage cargo flows, optimize routes, and offer dependable delivery services to its customers anywhere in the globe.

Technical Innovation:

Recognizing the significance of technology in the logistics sector, TCIL has been making significant investments in technical innovation to improve customer satisfaction and streamline operations.

To simplify online reservations, paperwork, and payment procedures, the business has used digital platforms and e-commerce solutions. Utilizing technology, TCIL gives its clients practical, user-friendly interfaces while streamlining complicated shipping processes.

Additionally, TCIL makes use of predictive modeling and data analytics to streamline operations, cut costs, and shorten transit times. To reduce its environmental impact, TCIL has also incorporated green technology and practices.

The business has pushed for eco-friendly packaging options, deployed route optimization algorithms, and introduced fuel-efficient cars. By incorporating sustainability into its operations, TCIL displays its dedication to environmental responsibility and aids in efforts to make the logistics sector more environmentally friendly on a worldwide scale.

x) Sical Logistics Limited

Sical Logistics Limited is a transportation and logistics company based in India. The company was founded on May 6, 1955.

Sical Logistics provides a range of services, including transportation of bulk & containerized cargo, warehousing, and distribution. It operates a fleet of trucks and has a network of branches and franchises across India. IT also has a presence in other sectors, such as infrastructure development and project management.

The company is also known for its expertise in handling and transporting a variety of cargoes, including coal, iron ore, and fertilizers.

Market Size:

Sical Logistics Ltd. key Products/Revenue Segments include Income From Logistics Operations & Others for the year ending 31-Mar-2021.

For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 107.14 Crore, up .86 % from last quarter Total Income of Rs 106.23 Crore and up 29.85 % from last year same quarter Total Income of Rs 82.51 Crore. Company has reported net profit after tax of Rs 2.37 Crore in latest quarter.

As on 31-03-2022, the company has a total of 5.85 Crore shares outstanding.

Pan India:

Leading integrated logistics solutions provider Sical Logistics Limited has operations across all of India. With a nationwide network of more than 100 offices and warehouses, the firm provides a comprehensive variety of logistics services, such as freight forwarding, storage, transportation, customs clearing, supply chain management, project logistics, offshore logistics, and mining logistics.

Sical Logistics is a dependable business partner for organizations of all kinds, from little entrepreneurs to big international conglomerates. The business has established a reputation as one of India’s top logistics providers because of its dedication to quality and client satisfaction.

Sical Logistics has a proven history of expansion. The company’s sales increased by 15% during the fiscal year 2022–2023. In the upcoming years, Sical Logistics is well-positioned for development to continue.

Technology and Innovation:

Modern software platforms and digital platforms are used by SICAL Logistics to optimize operations and give clients real-time insight. These technologies provide effective cargo tracking and monitoring, route planning optimization, and increased supply chain visibility.

The business places a strong emphasis on innovation when creating tailored logistics solutions to satisfy the particular needs of its clients. In order to improve its services and offer value-added solutions, SICAL Logistics works with industry partners, academic institutions, and technology suppliers to study emerging technologies, including the Internet of Things (IoT), artificial intelligence (AI), and blockchain.

Additionally, SICAL Logistics aggressively implements environmentally friendly and sustainable practices by integrating green technology into its business practices.

Conclusion:

There are other transport companies in India that could be added in this list. Since, I mentioned only top 10 transport companies in India, you can learn more about these and other transportation companies as well.