Hyderabad-based freight logistics firm to spend Rs 90 crore in first phase across power, steel, cement, agriculture, fertilisers and infrastructure sectors
Bangalore — Jassper Shipping, an international cargo logistics company that moves everything from heavy machinery and cement to food grains, fertilisers and farm produce, today announced it will invest up to US$50 million (approximately Rs 450 crore) over the next three years to expand its services across India, the Gulf region and other international markets.
The investment will be made in stages by the company’s promoters and is subject to market conditions, regulatory and board approvals. It comes at a time when India is rapidly building new infrastructure and expanding its farming, manufacturing and trade sectors, all of which need goods and materials moved safely from factories, farms and ports to the places where they are needed.
In the first phase, the company will spend US$10 million (approximately Rs 90 crore) to strengthen its cargo-moving business across a wide range of sectors: power, steel, cement, agriculture, fertilisers, petrochemicals, construction materials, heavy engineering, manufacturing and large infrastructure projects.
The demand for such services is growing fast. India’s major ports handled over 915 million tonnes of cargo in 2025–26, about 7 per cent more than the year before, according to the Ministry of Ports, Shipping and Waterways. The government has also set up 142 Gati Shakti Cargo Terminals across the country as of July 2026, adding roughly 224 million tonnes of new freight-handling capacity every year, according to the Ministry of Railways.
“India is going through a long phase of building new infrastructure, expanding factories and growing its farm and trade sectors. All of this creates big opportunities for a company like ours that moves cargo of every kind, whether it is heavy machinery for a power plant, cement for a highway, or fertilisers and food grains for farmers. Our Rs 450 crore investment will help us build the scale and capability to serve this growing demand,” said Pushpank Kaushik, CEO and Head of Business Development (Subcontinent, Middle East and Southeast Asia), Jassper Shipping.
In simple terms, whenever large goods need to be moved, whether it is heavy machinery for a power plant, cement and steel for a highway or dam, fertilisers and food grains for agriculture, or bulk materials for a factory, they often arrive by ship at a port and then have to be carried by road, rail or river to the final destination. Jassper Shipping handles this entire journey: arranging ships, loading and unloading cargo, and delivering it safely to the site. The company works with large construction firms, manufacturers, agricultural traders and industrial groups. Its network stretches across Southeast Asia, Africa, the Arabian Gulf, the Red Sea and the Far East, and it now plans to strengthen its presence in India and the Gulf.
About Jassper Shipping
Founded in 1993, Jassper Shipping is an international shipping and logistics company providing project logistics, breakbulk logistics, bulk logistics, ship chartering and industrial supply chain solutions. The company has operations and network coverage across Southeast Asia, Africa, the Arabian Gulf, the Red Sea and Far East Asia, and works with a large network of clients and vendors.
Over the years, Jassper Shipping has expanded into specialised logistics and allied businesses, including Jassper Fuels, while also integrating electric vehicles into its distribution logistics as part of its broader focus on technology-enabled and sustainable logistics solutions.
Website: www.jasspershipping.com
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