Tata Motors Finance, one of India’s leading NBFC in the vehicle finance industry, have entered into a strategic partnership with CJ Darcl Logistics Ltd, a leading multimodal logistics solutions provider, to extend 125 Cr. Limit for various facilities including vehicle operating lease, invoice financing and fuel financing.
CJ Darcl Logistics Ltd. will use the operating lease facility to strengthen its fleet capacity, deploy TML vehicles, manage fuel expenditure, streamline working capital, and meet growing demand for its logistics service offerings. CJ DARCL Logistics is the largest FTL Player in the country, with over 1,000 own vehicles and a market fleet of over 8 lacs+ vehicles.
It provides transportation services through all modes of transport, promoting both ecological and financial sustainability. The company is striving to become a full-stack logistics enterprise and has expanded its operations into diverse fields such as Multimodal, Project Cargo, Air Cargo, Warehousing. Krishan Kumar Agarwal, Chairman & Managing Director, CJ Darcl Logistics Ltd. said, “We are confident that this partnership will create mutually beneficial opportunities and pave the way for long-term success.”
