Allcargo Gati Announces 10.2% General Price Increase From January 2025

Abhijeet Singh
26 Sep 2024
01:39 PM
1 Min Read

Price hike driven by inflation and rising input costs, aims to support infrastructure and technological advancements.


Allcargo Gati Announces mobility outlook

Allcargo Gati Limited has announced a 10.2% General Price Increase (GPI) effective from January 1, 2025, for its Express Distribution services. This marks the first price revision since Allcargo Logistics Limited’s acquisition of Gati in 2019. The price adjustment is driven by inflation, rising input costs, and the need to align pricing with the company’s ongoing operational investments in infrastructure and technology.

The increase comes as Allcargo Gati invests heavily in maintaining its high standards of service quality. The company plans to offset the significant rise in operational expenses over the past four years, which include inflation, regulatory costs, and rising fuel prices. The GPI will also fund further investments in infrastructure and technological advancements, enhancing service reliability and transparency.

Ketan Kulkarni, Deputy Managing Director of Gati Express and Supply Chain Pvt Limited (GESCPL), stated “This price revision is a strategic response to the evolving economic landscape. Amid rising fuel costs and inflationary pressures, it is essential to maintain the high standards of service that our customers expect. The increased pricing will allow us to continue investing in infrastructure and technology, enabling us to meet the growing demands of our clients.”

As part of its growth strategy, six of the eight planned hubs in metro cities will be fully operational by the end of this fiscal year, improving turnaround time and service reliability. Additionally, the company’s Enterprise Research Planning (ERP) platform is undergoing a comprehensive upgrade to further optimise delivery processes.

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