CJ Darcl Logistics Limited
| File:CJ Darcl Logistics.webp | |
Formerly | Darcl logistics Limited(2017) |
|---|---|
| Private | |
| ISIN | 🆔INE088I01010 |
| Industry | |
| Founded 📆 | 1986 in Hisar |
| Founder 👔 |
|
| Headquarters 🏙️ | , , |
Number of locations | 187 Branches (2024) |
Area served 🗺️ | |
Key people | |
| Services |
|
| Revenue🤑 |  ₹4,594.5 crore (US$640 million) (FY24) (2024) |
| ₹166.9 crore (US$23 million) (FY24) (2024) | |
| ₹82.8 crore (US$12 million) (FY24) (2024) | |
| Members | |
Number of employees | 6000+ (Dec 2024) |
| Subsidiaries |
|
| 🌐 Website | cjdarcl.com |
| 📇 Address | |
| 📞 telephone | |
CJ Darcl Logistics Limited (Script error: The function "langx" does not exist., Script error: The function "langx" does not exist.) is an Indian logistics company which provides integrated logistics services.[1][2]As of March 31, 2024, the company, which has its headquarters in Gurugram, Haryana, has over 187 branch offices throughout India.[2]
The company was founded by Mr. Krishna Kumar Agarwal with his three brothers, Mr. Darshan Kumar Agarwal, Mr. Roshan Lal Agarwal, and Mr. Narender Kumar Agarwal in 1986 under the name Darcl Logistics.[3]
In August 2017, Darcl Logistics came into a share holder agreement with CJ Logistics from South Korea and subsequently got named as CJ Darcl Logistics Limited.[4][5]
CJ Darcl Logistics provides services, such as freight forwarding, project cargo management, road, rail, coastal shipping, and contract logistics, as well as multimodal transportation solutions.[6][7]
History
In 1963, the father of Mr. Krishan Kumar Agarwal laid the groundwork for the logistics business, which got closed later on. Mr. Krishan Kumar Agarwal started building it from scratch in the 1970s with a small transportation business. The business started out as a proprietorship and later formed into a partnership operating five or six branches from Delhi to Guwahati for small retail transportation.[3]
In 1980, the company got its first corporate client named the Assam Oil Company situated in Digboi.[3]
The company was reorganized as Delhi Assam Roadways Corporation Pvt. Ltd.( DARCL) in 1986 and became a public limited company in 1988.[8]
The company grew in 1990 with the addition of Jindal Group & IPCL as the company's customers. The company expanded its branch network across PAN India in 1995.[3]
With an emphasis on rail transportation amplification, the company obtained a license to operate container trains in 2006. During the association's early stages, IDFC Private Equity partnered with the business in 2007 by purchasing one-third equity stake and in 2016–17, IDFC Private Equity sold its whole equity stake.[3]
The company's name was changed to "Darcl Logistics Limited" in accordance with a special resolution passed by the shareholders on February 16, 2010 . On February 23, 2010, the RoC issued a new certificate of incorporation.[9][10]
In August 2017, CJ Logistics Limited, one of the global logistics players based in South Korea teamed up with Darcl Logistics with 50% equity participation. Subsequently to this, the name of the company got changed to CJ Darcl Logistics Limited.[11][12]
CJ Darcl Logistics Limited and Tata Motors Limited inked a Memorandum of Understanding (MoU) in October 2024 to improve and expand the fleet of vehicles and investigate possibilities for logistics services.[13][14]
Industries
CJ Darcl serves the logistical requirements of various industries including metals and mining, chemicals, petrochemicals, oil and gas, fast-moving consumer goods (FMCG), automobiles, e-commerce, pharmaceuticals, and consumer durables.[15][10]
Partnerships
CJ Darcl Logistics leased more than 125,000 square feet (11,600 m2) of warehouse space from IndoSpace's Narasapura Industrial and Logistics Park for a span of nine years.[16][17]
CJ Darcl Logistics partnered with Netradyne in 2023 to enhance driving behavior through automated driver monitoring using AI-based safety technology solutions.[18][19]
Technology initiatives
AI-powered dashcams were installed throughout CJ Darcl's fleet, allowing for real-time communication with drivers, route optimization, and behavior monitoring.[20][21]
The company implemented a cloud-native Transport Management System (TMS) to transform its business practices.[21]
Awards
- "Largest Fleet Operator of the Year 2011" by Apollo CV Awards.[22][23]
- "Most Improvement Oriented Vendor Award 2011" by Tata Steel.[22][23]
- "Mahindra Navistar Transport Excellence Award", by Mahindra Navistar Automotives Limited[22][23]
- "Most Valued Transportation Partner Award" by JCAPCL in 2017.[22][23]
- "Most Innovative Logistics Provider of the Year Award" by NASSCOM, CSCMP and SIMM in 2018.[22][23]
- "Most Trusted Logistics & Transportation Company of the Year Award "at the Nation's Business Pride Awards 2021.[22][23]
- Road Freight Service Provider Award by LEAPS 2024.[24]
References
- ↑ Global, K. E. D. "CJ Logistics' Indian operation Darcl taps IPO with SEBI". KED Global. Retrieved 2025-03-12.
- ↑ 2.0 2.1 "CJ Logistics Initiates Overseas Stock Market Listing with IPO for Investment in Indian entity CJ Darcl - India News Business". 2023-11-29. Retrieved 2025-03-12.
- ↑ 3.0 3.1 3.2 3.3 3.4 Purnima. "CJ DARCL: Taking Logistics Industry from Shoreline to Skyline". Business Magazine - Magazines for CEOs | The CEO Magazine. Retrieved 2025-03-12.
- ↑ "CJ Darcl gears up to be a full-stack logistics player". Moneycontrol. Archived from the original on 2022-09-30. Retrieved 2025-03-12. Unknown parameter
|url-status=ignored (help) - ↑ "CJ Logistics to go deeper into India with CJ Darcl". koreajoongangdaily.joins.com. 2017-12-03. Retrieved 2025-03-12.
- ↑ "Tata Motors Finance Inks Strategic Partnership with CJ Darcl Logistics Ltd. to Offer INR 125 Cr. Limit for Diverse Financing Facilities". Ahmedabad Mirror. Retrieved 2025-03-17.
- ↑ "Tata Motors Finance Partners with CJ Darcl Logistics Ltd. to Offer INR 125 Cr. for Diverse Financing Facilities". The Blunt Times. 2023-06-10. Retrieved 2025-03-17.
- ↑ Chowdhury, Anirban (2021-12-18). "Logistics company CJ Darcl plans Rs 600-crore IPO". The Economic Times. ISSN 0013-0389. Retrieved 2025-03-17.
- ↑ BSE India Corporates, BSE India (September 27, 2023). "DRHP" (PDF). BSE India. Unknown parameter
|url-status=ignored (help) - ↑ 10.0 10.1 "Rating Rationale". www.crisil.com. Retrieved 2025-03-24.
- ↑ Daily, The Chosun (2024-03-04). "S. Korean companies rush to fast growing Indian market". The Chosun Daily. Retrieved 2025-03-17.
- ↑ "CJ Logistics acquires two firms". koreajoongangdaily.joins.com. 2017-04-26. Retrieved 2025-03-17.
- ↑ www.ETAuto.com. "CJ Darcl Logistics MoU with Tata Motors to explore Indian market - ET Auto". ETAuto.com. Retrieved 2025-03-17.
- ↑ "CJ Darcl Logistics signs MoU with Tata Motors". Financialexpress. 2023-10-12. Retrieved 2025-03-17.
- ↑ R, Maria. "CJ Darcl Logistics - Aiming to be India's No. 1 Total Logistics Service Provider". www.nbmcw.com. Retrieved 2025-03-12.
- ↑ "IndoSpace and CJ Darcl Logistics ink lease deal for 1.25 lakh sq-ft in Bengaluru - Construction Week India". 2024-06-26. Retrieved 2025-03-17.
- ↑ Sharma, Sandeep (2024-07-01). ProjectX India: 1st July 2024 -> New projects, contracts, and tenders information from India. Sandeep Sharma. Search this book on
- ↑ www.ETAuto.com. "CJ Darcl Logistics partners with Netradyne for AI-based safety technology - ET Auto". ETAuto.com. Retrieved 2025-03-17.
- ↑ "Netradyne AI tech to offer advanced safety to CJ Darcl Logistics fleet". Autocar Professional. Retrieved 2025-03-17.
- ↑ "CJ Darcl Logistics, Netradyne Partner For Fleet Safety Performance". Mobility Outlook. Retrieved 2025-03-17.
- ↑ 21.0 21.1 "CJ DARCL looks at tech solutions for efficient and safe logistics". The Times of India. 2024-03-13. ISSN 0971-8257. Retrieved 2025-03-17.
- ↑ 22.0 22.1 22.2 22.3 22.4 22.5 "Awards & Memberships of CJ Darcl Logistics Limited | New Delhi". www.indiamart.com. Retrieved 2025-03-17.
- ↑ 23.0 23.1 23.2 23.3 23.4 23.5 "CJ Darcl Logistics Limited: The FTL Leader Fostering Domestic Multimodal Logistics Solutions". 2023-12-26. Retrieved 2025-03-17.
- ↑ KGS (2025-01-06). "Logistics Excellence, Advancement, and Performance Shield (LEAPS) Awards". UPSC Current Affairs 2025. Retrieved 2025-03-17.
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