SANKYU INC. has signed a basic agreement with TVS Supply Chain Solutions (TVS SCS), an integrated supply chain company in India. The companies will proceed with detailed discussions toward a collaboration agreement, and SANKYU INC. has expressed its intention to acquire a 0.5% stake in TVS SCS.
On 24 August, SANKYU INC. signed a basic agreement to collaborate with TVS Supply Chain Solutions (TVS SCS), an integrated supply chain company operating in India. The companies will proceed with detailed discussions toward signing a collaboration agreement, while SANKYU INC. has indicated its intention to acquire a 0.5% stake in TVS SCS, subject to approval from the relevant government authorities.
Through their collaboration, the companies aim to establish a high-quality service platform that combines TVS SCS's knowledge and network in the Indian market with SANKYU INC.'s combined plant engineering and logistics capabilities. In particular, the addition of SANKYU INC.'s equipment construction and maintenance capabilities is expected to support the development of a comprehensive supply chain covering construction through operational support.
TVS SCS's profile is as follows: formal name, TVS Supply Chain Solutions Limited; listed in 2023; revenue, approximately ¥182.6 billion (fiscal year ending March 2026, consolidated); employees, 16,500 (consolidated, as of the same date); business activities, integrated supply chain solutions and international freight forwarding.