L-R
- Ragnar Dalen, Executive Vice President Corporate Development; Rickard
Ingvarsson, CEO Asia; Allan Melgaard, Global CEO & Co-Founder; Vikash
Agarwal, CEO India
Scan
Global Logistics (SGL), renowned for its global logistics expertise, announces
its entry into India, reinforcing its commitment to strategic growth. This
milestone reflects SGL’s long-standing priority of establishing a direct
presence in the country and reinforcing its position as a global freight
forwarder.
India
is the fifth-largest economy in the world, with an annual GDP growth of 6-7%.
Predictions suggest that by 2075, it will be the second-largest economy with
30% higher purchasing power than the US. SGL’s expansion into India comes at a
time when the country’s position in global trade is becoming even more
critical, with increasing foreign investment and a growing demand for
efficient, reliable logistics solutions.
By
establishing a local presence, SGL is uniquely positioned to serve both
multinational companies operating in India and Indian companies expanding
internationally, offering tailored solutions that align with the country’s
dynamic economic growth.
SGL's
new India operations will be launched with a strong foundation, opening three
offices in Chennai, Delhi, and Mumbai, with Mumbai serving as the head office.
The local team will be led by seasoned professionals with extensive experience
from renowned companies such as Maersk, CEVA Logistics, and Rhenus Logistics.
Allan Melgaard, Global CEO of Scan Global Logistics,
says, “Establishing a presence in India has always been a top priority for SGL.
We wanted to enter the market with the right team-one that shares our purpose,
customer-first mindset, and spirit of entrepreneurship. With that in place, we
are confident this is the perfect time to begin our journey in India. We are
starting operations in three key locations, with ambitious plans to rapidly
expand our footprint across the country.”
Vikash Agarwal, CEO of Scan Global Logistics India says -
"Our entry into India marks a pivotal step for Scan Global Logistics.
India is an exciting market where speed, flexibility, and trusted relationships
matter more than ever. We are building an agile organization from the ground
up-empowered to make swift decisions and deliver solutions tailored to our
customers’ evolving needs.”
Building on global growth
SGL’s
expansion into India is a natural continuation of its global growth strategy.
Over the past year, the company has strengthened its presence through key
acquisitions, including Blu Brasil in Brazil, Foppiani Shipping & Logistics
in Italy, and ITN Logistics in Canada. Establishing operations in India is a strategic
next step, a market with vast opportunities in a rapidly growing economy where
international customers increasingly operate and source goods. With its local
expertise and global service offerings, SGL India will provide a comprehensive
suite of solutions, including specialised capabilities in Project Logistics and
Humanitarian Logistics.
