| Logistics and Freight Forwarding | Air and ocean freight forwarding, road transportation, end-to-end supply chain services | Extensive global agent network, market leadership in Indian air freight, over 40 years of domain expertise, strategic acquisitions | B2B clients including exporters, importers, and commercial enterprises requiring freight services | Air freight forwarding and value-added logistics services have higher operating margins | 208 | 100 | Freight forwarding fees, transportation charges, logistics service contracts | Contract-based pricing with variable charges per shipment and service level agreements | Increasing international trade flows, amalgamation benefits, expansion into new geographies, enhanced logistics service offerings | East West Freight Carriers Ltd brand, Tandem Logistics minority stake |