Mr. Shashi Kiran Shetty bestowed with 'Global Indian Maritime Personality' award by Maharashtra Chamber of Commerce, Industry and Agriculture

Allcargo Logistics Limited's Chairman and Managing Director Mr. Shashi Kiran Shetty was felicitated as the Global Indian Maritime Personality at the recently held Conference on Vision for Port Lead Development of Maharashtra. The event was organised by Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA). The award was presented by Mr. L Radhakrishnan, Chairman, JN Port Trust, in appreciation of Mr. Shetty's relentless contribution to the global logistics sector.

Mumbai, Maharashtra, January 10, 2013 /India PRwire/ -- Allcargo Logistics Limited's Chairman and Managing Director Mr. Shashi Kiran Shetty was felicitated as the Global Indian Maritime Personality at the recently held Conference on Vision for Port Lead Development of Maharashtra. The event was organised by Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA). The award was presented by Mr. L Radhakrishnan, Chairman, JN Port Trust, in appreciation of Mr. Shetty's relentless contribution to the global logistics sector.

On being felicitated with the award, Mr. Shashi Kiran Shetty, Chairman & Managing Director, Allcargo Global Logistics Limited said, "Logistics in India is at a nascent stage compared to the West and there is a lot we can do to bring in efficiency and effectiveness. We at Allcargo are constantly evolving our practices to provide truly value added services to our customers. It is an honour for us to be recognized as the face of Indian Maritime."

Notes to Editor

About Allcargo Logistics Limited

Allcargo Logistics Ltd., part of The Avvashya Group, is a leading multinational company providing integrated logistics solutions. The company offers specialized logistics services across Multimodal Transport Operations, Container Freight Station Operations and Project & Engineering Solutions. Benchmarked quality standards, standardized processes and operation excellence across all the services and facilities, have enabled Allcargo Logistics Ltd. to emerge as the market leader in all these segments.

The company currently operates out of 189 own offices in 89 countries and gets supported by an even larger network of franchisee offices across the world. Allcargo Logistics Ltd. is today one of India's largest publicly owned logistics companies, listed on the Bombay Stock Exchange (BSE: 532749) and The National Stock Exchange of India (NSE: ALLCARGO).

With a consolidated turnover of Rs. 4325 crore, profit after tax of Rs. 284 crores as of 31st March 2012 Allcargo Logistics Ltd. has demonstrated superior performance and significant growth prospects in the past years. http://www.allcargologistics.com/


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