HYDERABAD : Jassper Shipping, a provider of project logistics, breakbulk, bulk cargo and industrial supply chain solutions, is planning to invest $50 million over the next three years.
The proposed investment is intended to strengthen its capabilities across project logistics, heavy-lift transportation, vessel chartering and multimodal cargo solutions, supporting India’s accelerating infrastructure and industrial expansion.
The growth capital, to be infused by the company’s promoters in a phased manner, will be deployed towards expanding project logistics infrastructure, strengthening bulk and breakbulk cargo handling capabilities, enhancing technology-led logistics planning, and scaling operations across key industrial and port-led logistics corridors.
The first phase of the investment programme will see $10 million deployed to expand the company’s B2B project logistics business, with a focus on serving sectors including power, steel, petrochemicals, heavy engineering, manufacturing and large infrastructure projects.
The investment will also support specialised transportation capabilities, port-to-plant logistics, vessel chartering and integrated multimodal freight solutions for oversized and critical cargo
“Our planned $50 million investment reflects our long-term commitment to building stronger capabilities across project cargo, breakbulk logistics, vessel chartering and integrated industrial supply chains,” Pushpank Kaushik, CEO & Head of Business Development (Subcontinent, Middle East & Southeast Asia), Jassper Shipping said in a release on Wednesday.
“We are investing not only in infrastructure and capacity but also in technology and execution capabilities that enable customers to move complex cargo efficiently, safely and reliably,’’ he added.
The investment programme would further enhance Hyderabad-based Jassper Shipping’s presence across India and the Gulf, enabling the company to scale cross-border project logistics, industrial cargo movement and specialised freight solutions,
