Cargosol Logistics Ltd Management Discussions

Cargosol Logistics Limited (hereinafter referred to as CLL) was first established as "Cargosol" a "partnership firm" in the year January 2004. Subsequently, in March 2011 the company was converted to "Cargosol Logistics Private Limited" and then in April 2022 was changed to "Cargosol Logistics Limited"

Main objective of the company is to provide all kinds of logistics services across the Globe including Freight Forwarding (Sea & Air), NVOCC, Projects & Breakbulk, Customs Clearance, Transportation,

Warehousing, etc.

The global freight forwarding industry is witnessing a seismic shift with massive consolidation among top players, fundamentally reshaping how goods move across continents. Indian freight forwarders and less-than-container load (LCL) consolidators face mounting pressure as multinational giants tighten their grip on the market, especially on high-volume trade routes like Asia-EuropeandTranspacific.

Key Benefits of Digital Transformation for NVOCCs

For NVOCCs, embracing technology isnt just about staying current; its about survival and thriving in a competitive industry. Heres how digitalization is making waves in their operations:

Real-Time Tracking: NVOCCs can now offer real-time shipment tracking. Shippers no longer have to wonder where their cargo is. They can get live updates on location, expected arrival times, and any delays.

Automated Booking Systems: Traditional booking processes involve a lot of back-and-forth communication. Now, with automated platforms, booking space on a vessel can be done with just a few clicks. This not only saves time but reduces errors caused by manual entries.

E-Documentation: Remember the days of filing mountains of paperworkRs Not anymore. Documents like bills of lading, invoices, and customs paperwork can now be digitally generated, stored, and shared instantly, reducing the risk of lost or misplaced documents.

Data-Driven Insights: With access to digital tools, NVOCCs can now gather and analyze data to optimize routes, manage carrier relationships, and improve pricing strategies. This leads to more efficient shipping solutions and cost savings for their customers.

Transportation of the future will be driven by two main trends: sustainability and digitalization.

Sustainable Transportation

Rapid global climate change is affecting the transportation sector and the newest technologies are making transportation greener and more sustainable, reducing environmental impact. Sustainable transportation is driven by technologies related to sustainable propulsion and automation and circularity.

Transport Digitalization

The world is becoming highly interconnected digitally and that is reshaping transportation, allowing mobility to be more efficient, safer, and personalized. Transport digitalization is driven by technologies related to human machine interface and communication and security.

The future of breakbulk and project cargo transportation in India is expanding rapidly. Driven by massive national infrastructure projects, renewable energy investments, and manufacturing growth, Indian ports like Mundra, Chennai, and Visakhapatnam are upgrading heavy-lift capabilities, while operators adopt digital tracking and AI planning to streamline oversized cargo movement.

The Head office of CLL is located in Mumbai and domestic network in Navi Mumbai, Nashik, Pune, Nagpur, Ahmedabad, Surat, Delhi, Jaipur, Panipat, Kolkata, Chennai, Bangalore, Hyderabad, Cochin, Ahmedabad and Gandhidham. International offices located at Dubai, Hongkong, China, Canada,

Thailand & United Kingdom.

Cargosol Logistics Limited joins Emerge Freight Alliance network for Africa. Connecting top freight forwarders worldwide to Africa, we can now open new trade routes and business opportunities. Through this association, we assure our stakeholders secure transactions, enhanced competitiveness with global representation and strong business relationships

Cargosol has been honoured with the Emerging Coaching Culture Practices Award in the SME category at the Coaching Culture Conference by U-Excelerate in July 2023. This recognition highlights our commitment to fostering a coaching culture that drives growth, innovation, and employee engagement. Our journey through the award process was transformative, reinforcing our dedication to embedding coaching deeply into Cargosols DNA.

India stands as the fourth-largest economy in the world. Different sectors, including the service, manufacturing, and agriculture, led Indias strong recovery after the pandemic in 2021 and 2022, resulting in 15.3% growth over the two years. India has since maintained its status as the worlds fastest-growing major economy, with a real GDP growth rate (at constant prices) of 6.5% in the year 2024-2025. Stronger supply chains today mean a stronger, more resilient India tomorrow. The governments push for infrastructure development and digitalization has further accelerated growth, establishing India as a key logistics hub in Asia.

Indias logistics sector was valued at USD 215 billion in 2021. It is well-positioned for strong growth with an expected compound annual growth rate (CAGR) of 10.7% till 2026. The governments decision to grant the sector infrastructure status has enabled access to cheaper, long-term funding, similar to roads and railways, further solidifying its significant role inthe growth story of India

LEADS is an annual report released by the Ministry of Commerce & Industry, Government of India, to assess the logistics performance of States and Union Territories across infrastructure, services, regulatory environment, and sustainability, offering insights to guide policy and investment decisions. Based on inputs from thousands of industry participants such as manufacturers, exporters, logistics providers, it gives a ground-level view of logistics challenges.

The Financial Statements have been prepared in accordance with the requirements of the Act, Indian Generally Accepted Principles (Indian GAAP) and the Accounting Standards as prescribed by the Institute of Chartered Accountants of India. The Management believes that it has been objective and prudent in making estimates and judgments relating to the Financial Statements and confirms that these Financial Statements are a true and fair representation of the Companys Operations for the period under review.

As India is marching towards a USD 5 Trillion economy, logistics is one of the key factor contributing towards this goal. We at CLL are committed to our contribution for achieving this milestone.