Arshiya International Ltd has informed BSE that Arshiya Rail Infrastructure Ltd (Arshiya Rail), a wholly owned subsidiary of Arshiya International Ltd, commenced Phase I of its rail operations as of February 02, 2009.
Arshiya Rail initiated its pan-India rail operations with the deployment of its first of the planned 30 rakes in Phase 1 for Vedanta Aluminium Ltd earlier today. Arshiya Rail Infrastructure is providing unique and customised rail solutions with innovative and industry / product specific designed containers for large corporations with sizeable evacuation requirements in India.
Senior officials of Vedanta Aluminium Ltd. and Arshiya Rail were present on the occasion.
According to Mr. Ajay S Mittal, Chairman & Managing Director of Arshiya International Ltd, with the commencement of Rail operations, Arshiya International has moved one step closer to being the first integrated supply chain & logistics infrastructure solution Company in India. He further said especially in economic circumstances we find ourselves in currently, we are confident that Arshiyas Rail solution combined with our Free Trade Warehousing Zones will present a substantial value proposition for our clients.
Mr. Sajal Mittra, C.E.O. of Arshiya Rail, said the Company has been able to initiate business with Vedanta by making a customised solution for them where we have provided dedicated rakes with custom built containers that help in not only decreasing operating costs for Vedanta but also reduce damage to their cargo. Arshiya Rail Infrastructure is very confident on working with its customers to bring about significant optimisation and efficiencies to the supply chain of its clients.