Seino Holdings, a Japanese logistics firm, is entering the Indian market through a partnership with Mahindra Logistics. This partnership aims to offer integrated logistics solutions to leverage Seino’s global relationships with Japanese automotive customers and serve their logistics requirements in India.
Under the terms of the agreement, the companies will form a joint venture, owned by Mahindra Logistics and Seino Holdings. This JV will focus on providing Japanese automotive & strategic non-auto customers with integrated logistics solutions covering auto outbound, warehousing & transportation, and a comprehensive technology suite. Leveraging Mahindra Logistics’ vast capabilities and strong network, Seino Holdings can now deliver optimized logistics solutions and extend its reach to customers across India with a strong focus on technology, process innovation, operational excellence, and sustainability.
Yoshitaka Taguchi, CEO, Seino Holdings, said, “Seino Holdings is expected to provide significant value to customers, and in collaboration with Mahindra Logistics’ unmatched capabilities, we endeavor to serve Japanese customers in India. Through this partnership, we will offer comprehensive logistics solutions supported by digitization, innovation, and a customer-centric approach, allowing us to efficiently manage the end-to-end supply chain”.
Rampraveen Swaminathan, MD & CEO, of Mahindra Logistics, said, “India’s economic resurgence, complemented by its unique geographical location, offers Japanese multinational companies an unprecedented opportunity in the country. We envision this partnership contributing to the creation of a sustainable Rs 1,000 crore business model over the next five years, further reinforcing the ‘Make in India’ initiative and fostering local manufacturing and economic growth.”