Allcargo Gati, one of India’s leading premier express distribution and supply chain management companies, announces a 10.2 percent average general price increase (GPI) effective from January 1, 2025 for its express distribution services.
This is the first price revision since Allcargo Logistics’s acquisition of Gati in 2019, driven by the necessity to align pricing with ongoing operational investments and maintain standards of service quality, says an official release. “The GPI will help offset the significant increase in costs over the years, taking into consideration inflation, administrative costs related to regulatory and security measures, enabling further investment in infrastructure and technological advancements. New customers who sign up between October 1 and December 31, 2024, will have the GPI excluded.”
Ketan Kulkarni, Deputy Managing Director, Gati Express and Supply Chain (GESCPL) says: “At Allcargo Gati, our primary objective is to provide exceptional logistics solutions with unmatched reliability and efficiency. This price revision is a strategic response to the evolving economic environment. Amid rising fuel costs and inflationary pressures, this move is essential to maintaining the high standards of service our customers expect. The revised pricing will allow us to further invest in infrastructure and technological advancements enabling us to be well-positioned to meet the increasing demands of our clients across diverse regions.”
Uday Sharma, Chief Commercial Officer, Allcargo Gati adds: “This price revision reflects our focus on delivering superior value to our customers while ensuring sustainability and excellence. Allcargo Gati’s crucial investments in key areas like infrastructure development,
technology and workforce, all of which have been strategic to our ability to deliver leading service quality.”
As part of Allcargo Gati’s growth strategy, six of the eight planned hubs in the metro cities have already been deployed and to be operational by the end of this fiscal year, the release added.