Mahindra Logistics is revamping its subsidiary, 2x2 Logistics, in order to boost its automotive outbound logistics business. The revamp includes initiatives such as refreshing the fleet of vehicles, dome conversions, route reworking, and strengthening customer relationships. 2x2 Logistics provides logistics services to OEMs, owning and operating over 150 vehicle carriers. Mahindra Logistics aims to become a Rs 10,000 crore logistic service provider by FY 2025-26. The revamp is seen as a positive development for the company, which faced challenges in recent years due to the liquidity crisis and the impact of COVID-19.
Source: Link