PSA Singapore moves to provide port rail connectivity in India with the acquisition of DLI

The Hindu Business Line. 2 August. 7 minute read.
Singapore-based global port operator PSA International, along with private equity firm Gateway Partners will acquire a controlling stake from Infrastructure India Plc (IIP) in Distribution Logistics Infrastructure Pvt Ltd (DLI) for USD 125 million. DLI, with offices in Bengaluru and Gurugram and presence across India, provides logistics services such as rail freight, trucking, customs clearing and bonded warehousing.
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