Seino Holdings partners with Mahindra Logistics to provide comprehensive logistics solutions in India.
Japanese logistics giant Seino Holdings has entered the Indian market by partnering with Mahindra Logistics. This strategic partnership aims to deliver integrated logistics solutions, leveraging Seino’s global ties with Japanese automotive clients to meet their logistics needs in India.
The partnership entails forming a Joint Venture (JV) between Mahindra Logistics and Seino Holdings. This JV will focus on offering Japanese automotive and non-auto customers comprehensive logistics solutions, including Auto Outbound, Warehousing, Transportation, and an advanced technology suite. By capitalising on Mahindra Logistics‘ extensive capabilities and network, Seino Holdings plans to provide optimised logistics solutions throughout India, emphasising technology, process innovation, operational excellence, and sustainability.
The Indian automotive industry has seen robust growth, becoming the third-largest automotive market globally. With a strategic emphasis on electric vehicles and initiatives like “Make in India,” the industry anticipates further expansion from Japanese OEMs and auto component manufacturers.
Yoshitaka Taguchi, CEO of Seino Holdings, expressed enthusiasm about the partnership, stating, “Seino Holdings aims to deliver significant value to customers in collaboration with Mahindra Logistics’ unmatched capabilities. Our partnership will offer comprehensive logistics solutions driven by digitization, innovation, and a customer-centric approach, enabling efficient end-to-end supply chain management.”
Rampraveen Swaminathan, MD & CEO of Mahindra Logistics, highlighted the opportunity presented by India’s economic resurgence and strategic location. He noted, “Seino Holdings’ legacy of business excellence aligns with our commitment to exceptional customer experiences and robust process capabilities. We envision this partnership creating a sustainable INR 1,000 Crore business model over the next five years, reinforcing the ‘Make in India’ initiative and promoting local manufacturing and economic growth.”
