Mahindra Logistics and Bajaj Electricals sign logistics agreement worth Rs 1,000 crore

Wednesday signed an agreement with to handle its end-to-end logistics network and solutions.

“This deal is a complete end-to-end redesign and outsourcing of Bajaj Electricals’ entire logistics by Mahindra Logistics,” said a statement.

The total contract value, will be in excess of Rs 1,000 crore over the next 5 years the statement said.

MLL has developed for BEL a fully redesigned and consolidated logistics network, with storage optimisation, transportation management and inventory movement through technology.

They will use electric delivery trucks from EDel by Mahindra Logistics.