Allcargo Gati Ltd Announces 10.2% Price Hike for Express Shipments

Allcargo Gati Ltd announced a 10.2% price hike for its express shipments effective January 1 next year. The General Price Increase (GPI) aims to offset rising costs due to inflation and regulatory measures. New customers signing up between October 1 and December 31, 2024, will be exempt from this increase.

Allcargo Gati Ltd has unveiled plans for a 10.2% increase in prices for its express shipments, effective from January 1 next year.

The company stated that the General Price Increase (GPI) is designed to counter rising costs driven by inflation and administrative expenses linked to regulatory and security requirements.

This move will also allow Allcargo Gati to invest in infrastructure and technological innovations. Customers who sign up between October 1 and December 31, 2024, will be exempt from the GPI.

(With inputs from agencies.)