Arkas Logistics, a logistics company of the Turkish group Arkas
Holding Company, has acquired 80% of the capital of Fretlog, an Indian company
operating in the same sector. "India - underlined the
Vice Chairman of Arkas Holding, Diane Arcas Göçmez, in
the occasion of today's announcement of the transaction - is the
fifth largest economy in the world with a gross national product of
$3.7 trillion and a population of more than 1.4 billion
people. With an average annual growth rate of 6% for 20 years,
By 2030, India is expected to become the world's third-largest economy and the
second largest economy in 2075. The country, which has managed to
attracting large investments in recent years, is also the
New Favorite of the Global Economy: The Corridors Established by the
global geopolitics are always focused on connecting
India with Europe and the United States. The North-South Corridor
signed in 2000 and the India-Middle East-Europe Corridor signed by the
this year they reveal the importance of India. In this context,
being in India will give us great strength."
"Fretlog," said Muharrem Dursun, managing partner
of the Indian company - is a company with more than
20 years of experience in India, providing logistics services
end-to-end to customers in the automotive, pharmaceutical,
agricultural machinery, ceramics, marble, materials for
construction and textile industries. In the coming years, we will continue to
to provide services to both local and global customers with the
of the Arkas Logistics Group, as well as with our new
subsidiaries and investments in the country'.