Kolkata-headquartered Western Carriers (India) Ltd (WCIL) will look to grow its export-import (EXIM) business in FY26 by riding on its ₹1,089 crore logistics agreement with Vedanta Limited. The four-year agreement until 2028 entails shipping aluminium products, pig iron, and EXIM cargo from Vedanta's Jharsuguda units to domestic destinations and foreign ports.
Key Highlights:
Contract Size: Multi-modal logistics solutions encompassing rail, road, and warehousing for bulk loads.
Infrastructure Capacity: 50+ branches, 16 warehouses, and 55+ rail handling points spread over 23 states.
Financials: ₹1,297 crore revenue and ₹68 crore net profit during the first nine months of FY25.
Expansion Plans: WCIL plans to upgrade its operating capacities by investing in commercial vehicles, specialized containers, and handling gear to fulfill increasing EXIM demands.
CEO Kanishka Sethia also underscored WCIL's dedication to the rationalization of cost and efficiency across its pan-India infrastructure and cutting-edge digital capabilities. India's EXIM market, estimated to double significantly in future years, leaves WCIL highly leveraged for seizing the boom in increasing volumes of trade.
Sources: Economic Times, ITLN, Capital Market News, March 23, 2025