Corporate News 24-Jan-18
VRL Logistics to expand owned fleet
Plans to acquire 1200 customised trucks
VRL Logistics proposes to add 1200 customised trucks comprising of 600 trucks of AL 3123 make and 600 trucks of AL 3723 make to its fleet of trucks by December 2019. The investment required for this increase in owned fleet is Rs 400 crore comprising of chassis cost of around Rs 339 crore and balance being cost of body building, registration, insurance and margin for contingencies. The trucks being added have a capacity of 19 MT/ 24 MT. The company proposes to purchase the truck chassis from Ashok Leyland and would construct the truck bodies in-house.
Previous News
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