News

Mahindra Logistics maintains mid-teen volume growth target for the year

January 09, 2025 2 min read
author Anamika Mishra, Sub Editor
Mahindra Logistics, a third-party logistics provider based in Mumbai, is maintaining its target for mid-teen volume growth, supported by new contracts and steady expansion in existing accounts. Although the company experienced a slowdown in recent quarters, it reported improved performance in the October-December 2024 quarter (Q3 FY25). Rampraveen Swaminathan, the Managing Director and CEO of Mahindra Logistics, stated, “We have observed volume growth driven by festive demand. There is healthy growth in the e-commerce sector, along with stable activity in the automotive market, particularly in the passenger vehicle and two-wheeler segments. It’s a mixed picture overall. While there are challenges, most of our business clients have demonstrated considerable volume growth in the October-December

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