Transnational Shipping India Pvt Ltd (TNS Line ) an emerging NVOCC player in India has diversified its business by adding one more feather in its cap with entering in Automobile sector by acquiring dealership of Swaraj Mazda and Isuzu trucks and buses.
TNS Group Managing Director Mr. Vikas Yadav said Daily Shipping Times that as a Group we always believed into diversifying into shipping and non-shipping sectors.
In May 2018, TNS acquired dealership of Swaraj Mazda and Isuzu trucks and buses for 5 districts in Rajasthan namely Jaipur, Ajmer, Tonk, Dausa & Sawai Madhopur.
TNS Automobiles Pvt Ltd built a state of the art showroom and servicing facility in Jaipur. Similar facilities will be soon developed in remaining four districts which is expected to be complete by Mid 2019.
SML ISUZU LIMITED was incorporated in July 1983 as Swaraj Vehicles Limited to manufacture Light Commercial Vehicles (LCV) in the State of Punjab. SML Isuzu Ltd. (SMLI) is a trusted and reliable commercial vehicle manufacturer since 1985.
It has over 33 Years of experience in producing Light & Medium commercial vehicles to meet the Indian customer needs. SMLI is a first company to manufacture and supply state of the art fully built Buses, Ambulances and customized vehicles.
Sumitomo Corporation, Japan and Isuzu Motors, Japan respectively holds 44% and 15% shareholding in the Company.
TNS GROUP has also diversified their investments into dry cargo broking and ship management services in April 2018 under the name of Forecastle Shipping Pvt Ltd. Dry Cargo chartering is varied and complex market involving more than three billion tonnes of cargo each year. Our experienced team is based in Mumbai and Dubai acting as vital link between charterers and ship owners.
TNS will further develop and expand its shipping business by chartering and operating bulk vessels in the steadily growing Asian market and shall provide stress-free service by serving its customers’ wide ranging needs for quality logistics solutions.
Source:- Dailyshippingtimes.com
