TCI to invest ₹1,000 cr in CAPEX over next four years

Transport Corporation of India (TCI) has announced a substantial capital expenditure (CAPEX) plan of ₹1,000 crore over the next four years. The investment is set to bolster the company’s infrastructure and service capabilities, aiming to enhance operational efficiency and support growth across various sectors.

TCI, a leading logistics and supply chain solutions provider, plans to utilise the funds for expanding its warehousing network, upgrading technology, and strengthening its fleet. The company’s strategic focus includes the development of state-of-the-art logistics hubs and the integration of advanced technologies to streamline operations.

As part of its CAPEX strategy, TCI will also invest in expanding its digital infrastructure to improve supply chain visibility and data management. The company’s digital initiatives are expected to leverage artificial intelligence and machine learning to optimise logistics processes and enhance customer service.

The investment aligns with TCI’s vision to maintain its competitive edge in the logistics sector and cater to the growing demand for efficient supply chain solutions. The company aims to enhance its service offerings and operational capabilities, reinforcing its position as a key player in the Indian logistics industry.

TCI’s CEO, Mr. D. S. Rawat, emphasised that the CAPEX plan reflects the company’s commitment to long-term growth and innovation. He stated, “Our investment in infrastructure and technology will enable us to better serve our clients and drive efficiency across our operations. We are dedicated to advancing our capabilities and contributing to the overall growth of the logistics sector.”

The investment is anticipated to generate significant economic benefits, including job creation and improved logistics efficiency, supporting TCI’s goal of setting new benchmarks in the industry.