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In a pioneering Indo-Saudi joint venture after the recent visit by Prime Minister Narendra Modi and the sweeping economic reforms by the Arabian country, India’s logistics behemoth Patel Integrated Logistics Ltd (PIL) has teamed up with Saudi Arabia’s renowned Nationwide Group to develop Pivot Logistics.
The joint venture, harnessing the synergies of two leading groups with legacy and experience, has been floated to tap the emerging opportunities in the largely-fragmented logistics sector of GCC and at the same time to add new dimension to the ecosystem.
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