Gati Ltd - Revision history

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← Older revision		Revision as of 12:10, 8 May 2022
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	{{short description\|Indian Courier company}}		{{short description\|Indian Courier company}}
			{{Advert\|date=October 2021}}
	{{Use dmy dates\|date=July 2019}}		{{Use dmy dates\|date=July 2019}}
	{{Use Indian English\|date=July 2019}}		{{Use Indian English\|date=July 2019}}
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	Gati Import Export Trading Limited<br />		Gati Import Export Trading Limited<br />
	Gati Asia Pacific Pte. Ltd.		Gati Asia Pacific Pte. Ltd.
	\| homepage = ~~{{URL\|https://www.gati.com/}}~~		\| homepage =
	}}		}}

	'''Gati Ltd.''' is an Indian [[logistics]] company, headquartered in [[Hyderabad]], [[Telangana]].<ref>{{Cite news\|url=http://www.business-standard.com/article/companies/gati-plans-more-investment-in-warehouses-109020800081_1.html\|title=Gati plans more investment in warehouses\|agency=Press Trust of India\|date=2009-02-08\|work=Business Standard India\|access-date=2017-10-10}}</ref><ref>{{Cite web\|url=http://www.livemint.com/Companies/v0bQWGdTukUXKZIBHCtkfI/Gati-to-set-up-joint-venture-with-Japan8217s-Kintetsu-Wor.html\|title=Gati to set up joint venture with Japan's Kintetsu World Express - Livemint\|website=www.livemint.com\|access-date=2017-10-10}}</ref><ref>{{Cite news\|url=http://www.thehindubusinessline.com/companies/gati-to-make-ecommerce-foray/article7962204.ece\|title=Gati to make e-commerce foray\|last=Kurmanath\|first=K V\|date=2015-12-08\|work=The Hindu Business Line\|access-date=2017-10-10\|language=en}}</ref> It offers surface and air express logistics, warehousing and supply chain ~~solutions~~, air freight and [[E-commerce in India\|e-commerce]] services. Gati has offices in all major states of India. Gati was founded in 1989 and first started operations between Madras (now [[Chennai]]) and [[Madurai]].		'''Gati Ltd.''' is an Indian [[logistics]] company, headquartered in [[Hyderabad]], [[Telangana]].<ref>{{Cite news\|url=http://www.business-standard.com/article/companies/gati-plans-more-investment-in-warehouses-109020800081_1.html\|title=Gati plans more investment in warehouses\|agency=Press Trust of India\|date=2009-02-08\|work=Business Standard India\|access-date=2017-10-10}}</ref><ref>{{Cite web\|url=http://www.livemint.com/Companies/v0bQWGdTukUXKZIBHCtkfI/Gati-to-set-up-joint-venture-with-Japan8217s-Kintetsu-Wor.html\|title=Gati to set up joint venture with Japan's Kintetsu World Express - Livemint\|website=www.livemint.com\|date=13 February 2012\|access-date=2017-10-10}}</ref><ref>{{Cite news\|url=http://www.thehindubusinessline.com/companies/gati-to-make-ecommerce-foray/article7962204.ece\|title=Gati to make e-commerce foray\|last=Kurmanath\|first=K V\|date=2015-12-08\|work=The Hindu Business Line\|access-date=2017-10-10\|language=en}}</ref> It offers surface and air express logistics, warehousing and supply chain, air freight and [[E-commerce in India\|e-commerce]] services. Gati has offices in all major states of India. Gati was founded in 1989 and first started operations between Madras (now [[Chennai]]) and [[Madurai]].

	In 2020, it was acquired by Allcargo Logistics and Shashi Kiran Shetty, CMD, [[Allcargo Logistics]] Ltd., currently serves as the chairman.<ref>{{Cite news\|url=https://www.thehindu.com/business/shetty-takes-over-as-gati-chairman/article32192745.ece\|title=Mr. Shetty takes over as Gati Ltd. Chairman}}</ref> Gati is listed on the [[National Stock Exchange India\|National Stock Exchange]] and [[Bombay Stock Exchange]].		In 2020, it was acquired by Allcargo Logistics and Shashi Kiran Shetty, CMD, [[Allcargo Logistics]] Ltd., currently serves as the chairman.<ref>{{Cite news\|url=https://www.thehindu.com/business/shetty-takes-over-as-gati-chairman/article32192745.ece\|title=Mr. Shetty takes over as Gati Ltd. Chairman}}</ref> Gati is listed on the [[National Stock Exchange India\|National Stock Exchange]] and [[Bombay Stock Exchange]].
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	=== Early history ===		=== Early history ===
	Gati began in 1989 and started providing same-day courier and distribution services and courier management ~~solutions~~ between Chennai and Madurai. The company expanded to [[Hyderabad]], Bangalore (now [[Bengaluru]]), Chennai and [[Hosur]] within the same year.<ref>{{Cite web\|url=http://www.customercarenumber.co.in/utility-services/gati-courier-limited-corporate-office-details.html\|title=Gati Courier Ltd\|language=en-US\|access-date=2017-10-10}}</ref>		Gati began in 1989 and started providing same-day courier and distribution services and courier management between [[Chennai]] and Madurai. The company expanded to [[Hyderabad]], Bangalore (now [[Bengaluru]]), Chennai and [[Hosur]] within the same year.<ref>{{Cite web\|url=http://www.customercarenumber.co.in/utility-services/gati-courier-limited-corporate-office-details.html\|title=Gati Courier Ltd\|date=13 February 2015\|language=en-US\|access-date=2017-10-10}}</ref>

	It became the first company in India to start providing the delivery date on the docket and started offering a money back guarantee.<ref>{{Cite book\|url=https://books.google.com/books?id=_G4gBQAAQBAJ&q=gati+money+back+guarantee&pg=PA63\|title=Bringing Strategy Back: How Strategic Shock Absorbers Make Planning Relevant in a World of Constant Change\|last=Sampler\|first=Jeffrey L.\|date=2014-10-28\|publisher=John Wiley & Sons\|isbn=9781118830079\|language=en}}</ref> The company was incorporated in 1995 as Gati Corporation Ltd.		It became the first company in India to start providing the delivery date on the docket and started offering a money back guarantee.<ref>{{Cite book\|url=https://books.google.com/books?id=_G4gBQAAQBAJ&q=gati+money+back+guarantee&pg=PA63\|title=Bringing Strategy Back: How Strategic Shock Absorbers Make Planning Relevant in a World of Constant Change\|last=Sampler\|first=Jeffrey L.\|date=2014-10-28\|publisher=John Wiley & Sons\|isbn=9781118830079\|language=en}}</ref> The company was incorporated in 1995 as Gati Corporation Ltd.
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	Introduced 3PL in India		Introduced 3PL in India

	Began offering multi-modal services, courier services and international operations to SAARC countries		Began offering multi-modal services, courier services and international operations to [[SAARC]] countries

	=== 2001–2008: Growth and expansion ===		=== 2001–2008: Growth and expansion ===
	~~Launched Supply Chain Management solutions~~

	~~Introduced customer convenience centres~~

	Launched Vehicle Tracking System, a centralised computer system to manage people, packages and vehicles in real time		Launched Vehicle Tracking System, a centralised computer system to manage people, packages and vehicles in real time

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	=== 2020 ===		=== 2020 ===
	Strategic acquisition by Allcargo Logistics and Gati's transition into An Allcargo Company <ref>{{Cite news\|title=Gati to return to profitability next quarter: Allcargo Logistics\|work=The Economic Times\|url=https://economictimes.indiatimes.com/markets/stocks/earnings/gati-to-return-to-profitability-next-quarter-allcargo-logistics/articleshow/76217204.cms\|access-date=2021-05-08}}</ref>		Strategic acquisition by [[Allcargo Logistics]] and Gati's transition into An Allcargo Company <ref>{{Cite news\|title=Gati to return to profitability next quarter: Allcargo Logistics\|work=The Economic Times\|url=https://economictimes.indiatimes.com/markets/stocks/earnings/gati-to-return-to-profitability-next-quarter-allcargo-logistics/articleshow/76217204.cms\|access-date=2021-05-08}}</ref>

	==GATI-KWE==		==GATI-KWE==
	Gati-Kintetsu Express Private Limited (Gati-KWE) is a Joint Venture between Gati ~~– India's pioneer and leader in Express Distribution and Supply Chain Solutions,~~ and [[Japan]]'s [[Kintetsu World Express]] (KWE) where KWE holds 30% stake in Gati-KWE and Gati holds the remaining 70%.<ref>{{Cite web\|url=http://www.livemint.com/Companies/v0bQWGdTukUXKZIBHCtkfI/Gati-to-set-up-joint-venture-with-Japan8217s-Kintetsu-Wor.html\|title=GATI TO SET UP JOINT VENTURE WITH JAPAN'S KINTETSU WORLD EXPRESS\|website=livemint.com\|language=en\|access-date=2017-10-10}}</ref>		Gati-Kintetsu Express Private Limited (Gati-KWE) is a Joint Venture between Gati and [[Japan]]'s [[Kintetsu World Express]] (KWE) where KWE holds 30% stake in Gati-KWE and Gati holds the remaining 70%.<ref>{{Cite web\|url=http://www.livemint.com/Companies/v0bQWGdTukUXKZIBHCtkfI/Gati-to-set-up-joint-venture-with-Japan8217s-Kintetsu-Wor.html\|title=GATI TO SET UP JOINT VENTURE WITH JAPAN'S KINTETSU WORLD EXPRESS\|website=livemint.com\|date=13 February 2012\|language=en\|access-date=2017-10-10}}</ref>

	== References ==		== References ==

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2021-08-22T15:24:49Z

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{{short description|Indian Courier company}}
{{Use dmy dates|date=July 2019}}
{{Use Indian English|date=July 2019}}
{{Infobox company
| name = Gati Ltd.
| logo = Gati Logo SVG.svg
| logo_size = 250px
| caption =
| type = [[Public company|Public]]
| traded_as = {{plainlist|
*{{BSE|532345}}
*{{NSE|GATI}}}}
| ISIN = INE152B01027
| industry = {{plainlist|
*[[Logistics]]
*[[Supply chain management]]}}
| foundation = {{Start date and age|1989}}
| hq_location_city = [[Hyderabad]], [[Telangana]]
| hq_location_country = India
| num_locations =
| area_served = India
| key_people = [[Shashi Kiran Shetty]] ([[Chairman]])
| products =
| revenue = {{increase}} {{INRConvert|1711|c}}
| revenue_year = 2019-20
| operating_income =
| net_income =
| assets =
| equity =
| num_employees =
| parent =
| divisions =
| subsid = Gati-Kintetsu Express Pvt Ltd.<br />
Gati Kausar India Ltd.<br />
Gati Import Export Trading Limited<br />
Gati Asia Pacific Pte. Ltd.
| homepage = {{URL|https://www.gati.com/}}
}}

'''Gati Ltd.''' is an Indian [[logistics]] company, headquartered in [[Hyderabad]], [[Telangana]].<ref>{{Cite news|url=http://www.business-standard.com/article/companies/gati-plans-more-investment-in-warehouses-109020800081_1.html|title=Gati plans more investment in warehouses|agency=Press Trust of India|date=2009-02-08|work=Business Standard India|access-date=2017-10-10}}</ref><ref>{{Cite web|url=http://www.livemint.com/Companies/v0bQWGdTukUXKZIBHCtkfI/Gati-to-set-up-joint-venture-with-Japan8217s-Kintetsu-Wor.html|title=Gati to set up joint venture with Japan's Kintetsu World Express - Livemint|website=www.livemint.com|access-date=2017-10-10}}</ref><ref>{{Cite news|url=http://www.thehindubusinessline.com/companies/gati-to-make-ecommerce-foray/article7962204.ece|title=Gati to make e-commerce foray|last=Kurmanath|first=K V|date=2015-12-08|work=The Hindu Business Line|access-date=2017-10-10|language=en}}</ref> It offers surface and air express logistics, warehousing and supply chain solutions, air freight and [[E-commerce in India|e-commerce]] services. Gati has offices in all major states of India. Gati was founded in 1989 and first started operations between Madras (now [[Chennai]]) and [[Madurai]].

In 2020, it was acquired by Allcargo Logistics and Shashi Kiran Shetty, CMD, [[Allcargo Logistics]] Ltd., currently serves as the chairman.<ref>{{Cite news|url=https://www.thehindu.com/business/shetty-takes-over-as-gati-chairman/article32192745.ece|title=Mr. Shetty takes over as Gati Ltd. Chairman}}</ref> Gati is listed on the [[National Stock Exchange India|National Stock Exchange]] and [[Bombay Stock Exchange]].

== History ==

=== Early history ===
Gati began in 1989 and started providing same-day courier and distribution services and courier management solutions between Chennai and Madurai. The company expanded to [[Hyderabad]], Bangalore (now [[Bengaluru]]), Chennai and [[Hosur]] within the same year.<ref>{{Cite web|url=http://www.customercarenumber.co.in/utility-services/gati-courier-limited-corporate-office-details.html|title=Gati Courier Ltd|language=en-US|access-date=2017-10-10}}</ref>

It became the first company in India to start providing the delivery date on the docket and started offering a money back guarantee.<ref>{{Cite book|url=https://books.google.com/books?id=_G4gBQAAQBAJ&q=gati+money+back+guarantee&pg=PA63|title=Bringing Strategy Back: How Strategic Shock Absorbers Make Planning Relevant in a World of Constant Change|last=Sampler|first=Jeffrey L.|date=2014-10-28|publisher=John Wiley & Sons|isbn=9781118830079|language=en}}</ref> The company was incorporated in 1995 as Gati Corporation Ltd.

=== 1996–2000 ===
Introduced 3PL in India

Began offering multi-modal services, courier services and international operations to SAARC countries

=== 2001–2008: Growth and expansion ===
Launched Supply Chain Management solutions

Introduced customer convenience centres

Launched Vehicle Tracking System, a centralised computer system to manage people, packages and vehicles in real time

Created a centralized call centre in [[Nagpur]].<ref>{{Cite web|url=http://www.cio.in/cio-interview/indian-logistics-industry-set-take-giant-leaps-2017|title=Indian logistics industry set to take giant leaps|last=CIO.in|website=CIO India|language=en|access-date=2017-10-21}}</ref>

=== 2009–2012 ===
Gati signed a joint venture agreement with [[Kintetsu World Express]] for their express distribution and supply chain business to form Gati–KWE, which is a subsidiary of Gati.<ref>{{Cite news|url=http://www.thehindu.com/business/companies/gati-to-form-jv-with-kwe-of-japan/article2889766.ece|title=Gati to form JV with KWE of Japan|date=2012-02-13|work=The Hindu|access-date=2017-10-21|others=Special Correspondent|language=en-IN|issn=0971-751X}}</ref>

Introduced its e-commerce logistics services <ref>{{Cite news|url=http://www.indiainfoline.com/article/equity-earnings-result-commentary/gati-q1fy18-consolidated-net-profit-rises-258-8-yoy-117082200732_1.html|title=Gati Q1FY18 consolidated net profit rises 258.8% yoy|last=indiainfoline.com|access-date=2017-10-21}}</ref>

=== 2020 ===
Strategic acquisition by Allcargo Logistics and Gati's transition into An Allcargo Company <ref>{{Cite news|title=Gati to return to profitability next quarter: Allcargo Logistics|work=The Economic Times|url=https://economictimes.indiatimes.com/markets/stocks/earnings/gati-to-return-to-profitability-next-quarter-allcargo-logistics/articleshow/76217204.cms|access-date=2021-05-08}}</ref>

==GATI-KWE==
Gati-Kintetsu Express Private Limited (Gati-KWE) is a Joint Venture between Gati – India's pioneer and leader in Express Distribution and Supply Chain Solutions, and [[Japan]]'s [[Kintetsu World Express]] (KWE) where KWE holds 30% stake in Gati-KWE and Gati holds the remaining 70%.<ref>{{Cite web|url=http://www.livemint.com/Companies/v0bQWGdTukUXKZIBHCtkfI/Gati-to-set-up-joint-venture-with-Japan8217s-Kintetsu-Wor.html|title=GATI TO SET UP JOINT VENTURE WITH JAPAN'S KINTETSU WORLD EXPRESS|website=livemint.com|language=en|access-date=2017-10-10}}</ref>

== References ==
{{reflist|2}}

{{Logistics companies of India}}

[[Category:Companies based in Hyderabad, India]]
[[Category:Logistics companies of India]]
[[Category:Transport companies established in 1989]]
[[Category:Indian companies established in 1989]]
[[Category:1989 establishments in Andhra Pradesh]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]