JSW Port Logistics Pvt Ltd, a wholly owned subsidiary of JSW Infrastructure has acquired 70% stake in Navakar Corporation, a multimodal logistics provider for last mile connectivity. This marks the foray of ports major into logistics and value added services, offering improved port connectivity and streamlined supply chain services to its customers.
Navakar Corporation operates three CFSs on the Mumbai-Pune highway with 25000 teus, 65,000 teus and 425000 teus. The first two are located near Ajivali village and the third near Somatane village. The facility near Somatane Village has a private freight terminal and two rail sidings. Navakar also operates container trains PAN India for moving domestic and exim cargo.
