Tata Motors Finance and CJ Darcl Logistics Ltd have entered into a strategic partnership to extend 125 Cr. Limit for various facilities such as vehicle operating lease, invoice financing and fuel financing. The operating lease facility will equip CJ Darcl Logistics Ltd.
with the necessary resources to strengthen its fleet capacity, enabling it to deploy Tata Motors Limited (TML) vehicles under its business, efficiently manage its fuel expenditure, streamline working capital, and meet the growing demand for its logistics service offerings.
CJ DARCL Logistics is the largest FTL Player in the country, with over 1,000 own vehicles and a market fleet of over 8 lacs+ vehicles. It provides transportation services through all modes of transport, promoting both ecological and financial sustainability. The company is striving to become a full-stack logistics enterprise and has expanded its operations into diverse fields such as Multimodal, Project Cargo, Air Cargo, Warehousing. Commenting on this expansionary development, Krishan Kumar Agarwal, Chairman & Managing Director, CJ Darcl Logistics Ltd. said, “We are confident that this partnership will create mutually beneficial opportunities and pave the way for long-term success.”