Western Carriers Secures ₹139 Crore Contract from Vedanta

Western Carriers (India) Limited (WCIL) has announced the receipt of a significant work order from Vedanta Limited. The contract, valued at approximately ₹139 crore, covers material handling operations for imports, finished goods (FG) domestics, and exports at Vedanta’s JSG Plant.

Scope and Duration of the Agreement

The contract spans a duration of 4-year and involves end-to-end logistics and material handling at Vedanta’s plant. This long-term engagement highlights WCIL’s operational capabilities and strengthens its position in the material handling segment.

Vedanta’s Role and Project Details

Vedanta Limited, a leading player in natural resources, was awarded this contract as part of its ongoing infrastructure and operational upgrades at the JSG Plant. WCIL’s role will include managing logistics for inbound and outbound materials, streamlining processes, and supporting Vedanta’s supply chain.

Impact on WCIL’s Growth Strategy

This contract aligns with WCIL’s broader strategy to expand its industrial logistics portfolio. With an estimated revenue boost over the next 4-year, this project underscores the company’s expertise in managing complex logistics operations.

Market Reaction and Share Price Movement

Following the announcement, WCIL’s share price surged by 9.73%, reflecting investor optimism about the company’s growth trajectory. As of 9:29 AM on January 3, 2025, the stock demonstrated strong trading activity. 

About Western Carriers

WCIL, founded in 1972 is a leading multi-modal, rail focused, 4PL asset-light logistics company in India in terms of container volumes handled/operated. The company endeavours to address logistics complexities by creating customiszed, one -stop/single-window, end-to-end and integrated logistics solutions to customers, which involve a variety of value-added services across the supply chain. 

WCIL has several years of experience in road, rail and sea/river multi-modal movement for domestic as well as EXIM cargo in and out of India. The company has longstanding relationships with key clients across sectors of metals, FMCG, pharmaceuticals, and oil and gas, to name a few. Recognised for its quality and efficiency, the company has received multiple awards.

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