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Japan logistics major enters Indian container business

Japan logistics major enters Indian container business

Tuesday, April 18, 2017, 6:50 PM

The Indian container train sector is set to get a Japanese touch soon, with logistics major Konoike Transport today announcing the forming of a joint venture with New Delhi-based Associated Container Terminals Ltd (ACTL). The JV company, called Joshi Konoike Transport and Infrastructure, will invest at least Rs 100 crore in the initial stage for licence procurement and to buy container trains.
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