CJ Logistics Corporation, South Korea’s largest logistics firm, has increased its equity stake in CJ Darcl Logistics Ltd. from 50% to 56% following an infusion of USD 32 million through a mix of primary and secondary transactions. CJ Darcl is one of India’s prominent integrated logistics service providers.
The additional capital is expected to support CJ Darcl’s ongoing expansion efforts across multimodal logistics infrastructure, including terminals, warehousing, digital supply chain systems, and alternative fuel-based platforms. The move also reinforces the existing partnership between the two companies, which began in 2017 when CJ Logistics acquired an initial 50% stake in DARCL Logistics Ltd., now known as CJ Darcl Logistics Ltd.
The remaining 44% of the company continues to be held by the founding Darcl Promoters and affiliates, maintaining a joint ownership structure.
According to Mr. K.K. Agarwal, Chairman and Managing Director of CJ Darcl Logistics Ltd., the investment reflects the companies’ ongoing alignment and shared focus on scaling operations, adopting emerging technologies, and building resilience in a changing logistics environment.
Mr. Gwon Woong Kim, Head of APAC Headquarters at CJ Logistics Corporation, noted that India represents a key region within CJ’s global strategy.
Drawing parallels with logistics infrastructure evolution in Korea during the 1990s, he highlighted India’s transition towards organized logistics systems and the role of partnerships in facilitating this shift.
CJ Darcl currently operates a network of nearly 200 branches across India, serving over 2,000 customers through a workforce of more than 5,000. The company offers a range of logistics services supported by a combination of owned assets and technology-led processes.
This increased investment comes at a time of heightened activity in India’s logistics sector, amid ongoing infrastructure development, regulatory reforms, and a growing emphasis on sustainability and digital transformation.
