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Paradeep Parivahan Limited, a BSE SME-listed logistics company, has been awarded the prestigious LEAPS Award 2025 (Logistics Excellence, Advancement and Performance Shield) by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry. The award was presented by Union Minister Piyush Goyal on May 13, 2026, in New Delhi. The company was recognised under the Multimodal Transport Operator category following a rigorous multi-stage evaluation process. A total of 71 companies participated, including global players like FedEx, Maersk, and DP World. The company was shortlisted among leading MTOs and invited for a presentation before the evaluation committee. Paradeep Parivahan is already deploying one of India's largest EV fleets for bulk logistics under an 8-year agreement with UltraTech Cement signed in January 2026.
This award recognises the company's operational excellence, technology adoption, and sustainability practices on a national platform, which could boost investor confidence. However, this is a recognition/award announcement rather than a new order or revenue-generating event.