Indo-Italian venture to tap auto logistics market
Indo-Italian venture to tap auto logistics market Our Bureau New Delhi, March 19 Pallia Transport has formed a joint-venture with Italian logistics firm Gruppo Mercurio SPA (GM SPA). The joint venture Mercurio Pallia Logistics will provide logistics services to automotive companies. It will procure about 100 trailers over the next one year and has already placed orders for 20 trailers with Tata Motors. GM SPA, an 130-million company, will bring in its expertise in stockyard management,
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