To
offer Auto-outbound, Warehousing, and Transportation solutions along with an
integrated Tech Suite
Seino Holdings Co. Ltd. – a
prominent Japanese logistics firm, is entering into the Indian market through a
partnership with Mahindra Logistics Limited. 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.
The Indian auto industry
has witnessed strong growth and has emerged as the third-largest automotive
market in the world. With a strategic focus on electric vehicles and programs
such as “Make In India”, the industry is estimated to see continued growth from
Japan-based OEMs and auto component manufacturers.
Commenting
on the partnership, Yoshitaka Taguchi, CEO, Seino Holdings Co. Ltd.,
said, “Seino Holdings is expected to provide significant value to customers,
and in collaboration with Mahindra Logistics' unmatched capabilities, we
endeavour 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”.
Commenting
on the Joint Venture, Rampraveen Swaminathan, MD & CEO, Mahindra Logistics
Limited, said, “India's economic resurgence, complemented by its
unique geographical location, offers Japanese multinational companies an
unprecedented opportunity in the country. Seino Holdings, with its
distinguished legacy of business excellence, is in alignment with our
commitment to delivering exceptional customer experiences and robust process
capabilities throughout the supply chain. 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”.