AVG Logistics Limited has informed the Exchange about General Updates for with regard to Strategic Partnership for Green Supply Chain Transformation with Nestlé India Limited and Ashok Leyland Limited.
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AVG Logistics has announced a strategic partnership with Nestlé India and Ashok Leyland to create a dedicated green supply chain corridor. As part of this, the company will deploy 50 CNG-powered trucks exclusively for Nestlé India's transportation needs. These vehicles are expected to collectively cover around 2.75 lakh kilometres per month, leading to an estimated annual reduction of about 1.1 lakh kg of CO₂ emissions. The partnership aims to reduce fuel dependency, improve cost efficiency, and minimize carbon footprint. AVG Logistics stated that this collaboration will play a pivotal role in improving the company's financial performance and supporting sustainable long-term growth.
This is a positive business development for AVG Logistics, as partnering with two well-known large companies (Nestlé India and Ashok Leyland) strengthens its green logistics profile and could enhance order book visibility and margins. However, the actual financial benefit will depend on contract terms and scale of operations, so investors should watch for further updates on revenue impact.