CJ Logistics Corporation has expanded its ownership in CJ Darcl Logistics Ltd., increasing its equity stake from 50% to 56%. This strategic move aims to strengthen the company’s capital base and accelerate growth across India’s rapidly evolving logistics sector.
Accelerating Infrastructure and Digital Growth
CJ Darcl will strategically use the additional investment to expand its multimodal logistics infrastructure, focusing on terminals, advanced warehousing, digital supply chain solutions, and alternative fuel platforms. The company aligns these efforts with its goal to build an integrated, sustainable, and tech-forward logistics network across India.
A Partnership Built on Shared Vision
Manufacturingtodayindia.com reports that CJ Logistics first partnered with India’s DARCL Logistics Ltd. in 2017. They acquired a 50% stake and rebranded it as CJ Darcl. CJ Logistics now holds a 56% controlling interest after the latest increase. Darcl Promoters and affiliates continue to hold the remaining 44% stake.
Scaling Capabilities for a Future-Ready Enterprise
K.K. Agarwal, Chairman and Managing Director of CJ Darcl Logistics Ltd., highlighted, “The capital will empower us to scale our integrated logistics offerings, invest in next-generation technologies, and drive sustainable growth. We are building a future-ready logistics enterprise that blends Indian depth with global excellence.”
India: A Key Pillar in CJ Logistics’ Global Strategy
Gwon Woong Kim, Head of APAC Headquarters at CJ Logistics Corporation, emphasized, “India is entering a transformative era in logistics and remains a cornerstone of CJ Logistics’ global strategy. Just as we saw Korea transition from unorganised to organised logistics infrastructure in the 1990s, India is poised for a similar acceleration.”
