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Home News ALS, Singamas form JV; to invest Rs.300 crore in next 3 years

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ALS, Singamas form JV; to invest Rs.300 crore in next 3 years

ALS, Singamas form JV; to invest Rs.300 crore in next 3 years

Friday, March 31, 2017, 10:50 PM

Apollo LogiSolutions Ltd (ALS) and Singamas Container Holdings Ltd (Singamas) have formed a joint venture for liquid logistics operations in India. The joint venture 'ALS Singamas Logistics Ltd' will invest over Rs 300 crore over the next three years to develop an ecosystem and deliver value to its customers, a joint statement issued by the two firms said.
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