NYK Group sets up car terminal in India

Monday, 5 January 2015 00:00 - - {{hitsCtrl.values.hits}}

NYK Auto Logistics India (NALI), a subsidiary of Japan’s NYK Group company, has decided to operate a finished-car logistics terminal with APM Terminals from June 2015 at Pipavav port in the state of Gujarat, located in the northwestern part of India.

Since exports of finished cars by automobile companies are expected to increase in the west coast of India, NALI will attempt to accommodate that strong demand by building and operating a stockyard in APM Terminals Pipavav, a container-management company, that will be able to handle up to 250,000 vehicles annually. The NYK Group said that the establishing of the finished-car terminal will take advantage of the “creative solutions” initiated in the company’s “More Than Shipping 2018″ medium-term management plan to provide higher quality finished-car services in the expanding Indian finished-car-logistics market.