Globe International Carriers Ltd, a logistics and transport company listed on the NSE SME platform in 2023, is positioning itself to benefit from India’s expanding infrastructure and manufacturing sectors as demand for freight and warehousing services rises.
Founded in 2006, the company operates a fleet of more than 200 vehicles providing full-truckload (FTL), part-load (LTL), warehousing and multimodal logistics services across more than 20 Indian states and Nepal. It serves industries including metals, textiles, pharmaceuticals, FMCG and automobiles.
The company has also expanded through subsidiaries such as Globe Cargo Movers, focused on warehousing operations, and recently acquired a 51% stake in Govind Kripa Infratech for Rs 29 crore in the first quarter of FY26 to strengthen its infrastructure capabilities.
India’s logistics sector is expected to benefit from large-scale infrastructure projects including the government’s Gati Shakti programme and the Bharatmala highway initiative, which aims to build 34,800 kilometres of highways by 2028. Dedicated Freight Corridors are also expected to improve delivery times and reduce transportation costs.
Industry analysts project the Indian logistics market could grow to $500bn by 2030, supported by rising e-commerce demand, manufacturing expansion under production-linked incentive (PLI) schemes and continued digitisation of supply chains.
Globe International Carriers said it is targeting a 23% compound annual growth rate in revenue to reach Rs 296 crore by FY28. The company plans to expand its fleet using proceeds from a rights issue and broaden operations across high-demand freight routes.
It also expects profitability to improve through operational efficiencies, with EBITDA margins projected to exceed 10% and return on equity forecast to rise to 13% by FY28.
The company is additionally exploring renewable energy opportunities through a solar-focused subsidiary to diversify revenue streams and improve long-term margins.
