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Gati Limited is an Indian logistics company headquartered in Hyderabad, Telangana.[4][5][6] It engages in surface and air express logistics, warehousing, supply chain, air freight, and e-commerce services. Founded in 1989, Gati first started operations between Madras (now Chennai) and Madurai.
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| Company type | Public |
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| ISIN | INE152B01027 |
| Industry | |
| Founded | 1989 |
| Founder | Mahendra Kumar Agarwal [1] |
| Headquarters | , India |
Number of locations | 1300 remote locations through 340 branches (2022) |
Area served | India |
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| Website | www |
In 2020, it was acquired by Allcargo Logistics. Shashi Kiran Shetty, chairman and founder of Allcargo Logistics Ltd., currently serves as the chairman.[7] Gati is listed on the National Stock Exchange and Bombay Stock Exchange.
History edit
Early history edit
Gati was founded in 1989 and began providing same-day courier and distribution services and courier management between Chennai and Madurai. The company expanded to Hyderabad, Bangalore (now Bengaluru), Chennai and Hosur within the same year.[8]
It became the first company in India to start providing the delivery date on the docket and started offering a money back guarantee.[9] The company was incorporated in 1995 as Gati Corporation Ltd.
1996–2000 edit
Introduced 3PL in India
Began offering multi-modal services, courier services and international operations to SAARC countries[citation needed]
2001–2008: Growth and expansion edit
Launched Vehicle Tracking System, a centralised computer system to manage people, packages and vehicles in real time
Created a centralized call centre in Nagpur.[10]
2009–2012 edit
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.[11][12]
Introduced its e-commerce logistics services [13]
2020 edit
Acquired by Allcargo Logistics[14]
References edit
- ^ "Gati Founder and MD Mahendra Agarwal resigns". The Economic Times. Retrieved 20 September 2022.
- ^ a b c d "Annual Report 2021-22" (PDF). Archived (PDF) from the original on 20 September 2022. Retrieved 20 September 2022.
- ^ MarketScreener. "GATI LIMITED : Shareholders Board Members Managers and Company Profile | INE152B01027 | MarketScreener". www.marketscreener.com. Retrieved 20 September 2022.
- ^ "Gati plans more investment in warehouses". Business Standard India. Press Trust of India. 8 February 2009. Retrieved 10 October 2017.
- ^ "Gati to set up joint venture with Japan's Kintetsu World Express - Livemint". www.livemint.com. 13 February 2012. Retrieved 10 October 2017.
- ^ Kurmanath, K V (8 December 2015). "Gati to make e-commerce foray". The Hindu Business Line. Retrieved 10 October 2017.
- ^ "Mr. Shetty takes over as Gati Ltd. Chairman".
- ^ "Gati Courier Ltd". 13 February 2015. Retrieved 10 October 2017.
- ^ Sampler, Jeffrey L. (28 October 2014). Bringing Strategy Back: How Strategic Shock Absorbers Make Planning Relevant in a World of Constant Change. John Wiley & Sons. ISBN 9781118830079.
- ^ CIO.in. "Indian logistics industry set to take giant leaps". CIO India. Retrieved 21 October 2017.
- ^ "Gati to form JV with KWE of Japan". The Hindu. 13 February 2012. ISSN 0971-751X. Retrieved 21 October 2017.
- ^ "GATI TO SET UP JOINT VENTURE WITH JAPAN'S KINTETSU WORLD EXPRESS". livemint.com. 13 February 2012. Retrieved 10 October 2017.
- ^ indiainfoline.com. "Gati Q1FY18 consolidated net profit rises 258.8% yoy". Retrieved 21 October 2017.
- ^ "Gati to return to profitability next quarter: Allcargo Logistics". The Economic Times. Retrieved 8 May 2021.