ICICI Securities: Logistics Sector Trend - Unlocking Value Through Mobility Services
A container truck travels along a highway near the Jawaharlal Nehru Port, operated by Jawaharlal Nehru Port Trust, in Navi Mumbai, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)

ICICI Securities: Logistics Sector Trend - Unlocking Value Through Mobility Services

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Mr. Parthasarathy President of Mobility Services Sector, Mahindra Group highlighted his vision to make MSS a $3 billion (Rs 2,000 billion) valuation entity by FY25/26 (4 times growth).

The three business segments -

1. Transport as a Solution includes Mahindra Logistics Ltd. (ex-Alyte) and Porter will contribute $1.5 billion (Rs 110 billion),

2. Mobility as a solution, which currently constitutes Meru, Alyte and Zoomcar is expected to contribute $500 million (Rs 38 billion) and

3. Vehicle as a solution, which consists of Mahindra First Choice Wheels is expected to contribute $1 billion (Rs 75 billion).

Click on the attachment to read the full report:

ICICI Securities Logistics Sector Update.pdf


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