Covering Havells' product portfolio of electrical and consumer goods, Delhivery will deploy its technology-led integrated warehousing and transportation solutions to deliver speed, precision, and faster complete end-to-end visibility.
Delhivery started its journey with Havells in 2017 by providing part-truck load (PTL) services. Over the years, Delhivery's role has evolved from being a transportation service provider to a strategic partner in Havells' growth journey.
Sandeep Barasia, executive director and chief business officer, Delhivery, said, “We are delighted to be a trusted partner for Havells as it embarks on a large-scale transformation of its supply chain. We believe that Delhivery can power Havells to achieve its growth targets while also enabling its digital transformation goals with our technology platform. Our experience across a range of sectors—from automotive, engineering & industrials to pharma, FMCG, and retail—will unlock tangible value across the complete value chain.”
Delhivery is India's largest and fastest growing fully integrated logistics services provider. With its nationwide network covering over 18,500 pin codes, the company provides a full suite of logistics services such as express parcel transportation, PTL freight, TL freight, cross-border, supply chain, and technology services.
The logistics solution provider reported a consolidated net loss of 89.48 crore in Q1 FY24 as against a net loss of Rs 399.34 crore posted in Q1 FY23. Revenue from operations increased 10.5% year on year to Rs 1,929.78 crore in the quarter ended 30 June 2023.
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