R ARIVANANTHAM
CHENNAI, JUNE 26
Tamil Nadu Industries Minister Thangam Thennarasu on Saturday launched two new verticals of the diversified business conglomerate NTC Group under its flagship company NTC Logistics here. The group unveiled two new verticals — Boxory Logistics Pvt Ltd and Cargonix Xpress Pvt Ltd —as part of consolidating its operations in the country.
Thangam Thennarasu heaped praise on Dr. K Chandramohan, Founder & Chairman, NTC Group of his vision and appreciated investment of NTC Group made in Tamil Nadu, which is the strongest economy in India. Such investments offer both employment and business opportunities. He added that growth of the NTC Group is because of Dr. Chandramohan’s friends across the globe that has helped in diversifying and expanding his business globally.
- At an event here, the company unveiled a 70 metre truck trailer for the first time in the country which would be used for transporting windmill blades
- Besides serving the domestic market, the NTC Group has presence overseas, including Hong Kong, Singapore, Malaysia and has entered into partnerships with companies in Asia, Australia, the Middle East among others
Boxory Logistics would focus on freight services like air freight, multi-city transportation, warehousing, while Cargonix Xpress would be focused on same day delivery, milk run among others.
At an event here, the company unveiled a 70 metre truck trailer for the first time in the country which would be used for transporting windmill blades. NTC Group company MAHA Auto Components has manufactured the truck trailer to serve the renewable energy logistics space, a company statement said here.
Equipped with advanced features like load sensing valves, anti-lock braking systems among many others, the trailer ensures safety and reliability by providing more thrust to logistics of windmill blades, company chairman K Chandramohan said in a company statement.
Tamil Nadu Industries Minister Thangam Thennarasu formally unveiled the truck at an event held here in the presence of Chandramohan among senior officials. According to Chandramohan, the company has been taking up projects in the renewable energy sector under its entity— Everrenew Energy — which offers logistics to site construction activities for wind and solar projects.
Besides serving the domestic market, the NTC Group has presence overseas, including Hong Kong, Singapore, Malaysia and has entered into partnerships with companies in Asia, Australia, the Middle East among others. The company has strengthened its presence abroad with the opening of a new office in Malaysia recently, the statement added.
Further, to enhance its green-energy mission, NTC Group has been executing renewable energy projects through its group company, Everrenew Energy. Everrenew offers a complete concept for commissioning renewable energy solutions under one roof, starting from logistics to site construction activities for wind and solar projects, as a packaged solution. To commit more towards increasing the green covers and contribute to its carbon offset measures, NTC Group has been planting trees on over 5000 acres of land in association with the Vanam India Foundation.
