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Draft:TCI Express Limited

From Wikipedia, the free encyclopedia
TCI Express Limited
TypePublic company
BSE: 540212
NSE: TCIEXP
IndustryLogistics, Courier
Founded1996
Key peopleD. P. Agarwal (Chairman)
Chander Agarwal (Managing Director)
Websitewww.tciexpress.in

TCI Express Limited is an Indian courier and express logistics company based in Gurugram, Haryana. It was founded in 1996 as TCI XPS, an express cargo division of the Transport Corporation of India.[1]

History

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In 2015, the board of Transport Corporation of India approved the spin-off of its express cargo business into a separate company, TCI Express Limited.[2][3] The demerger took effect in 2016, and the company listed its shares on the National Stock Exchange of India and the BSE in December 2016.[4]

Operations

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The company provides express parcel delivery and cargo transport across India, using road, air, and rail transport networks.[5] It operates automated sorting centers in Gurugram and Pune.[6]

References

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  1. ↑ "TCI approves demerger of express distribution business". Business Standard. 2015-10-08. Retrieved 2026-09-26.
  2. ↑ "TCI approves demerger of express distribution business". Business Standard. 2015-10-08. Retrieved 2026-09-26.
  3. ↑ "TCI demerges express cargo division XPS into separate entity". The Economic Times. 2016-06-22. Retrieved 2026-09-26.
  4. ↑ "TCI Express Limited Profile". Reuters. Retrieved 2026-09-26.
  5. ↑ "TCI demerges express cargo division XPS into separate entity". The Economic Times. 2016-06-22. Retrieved 2026-09-26.
  6. ↑ "TCI Express Limited Profile". Reuters. Retrieved 2026-09-26.
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Category:Logistics companies of India Category:Courier companies of India Category:Companies listed on the National Stock Exchange of India Category:Companies listed on the Bombay Stock Exchange Category:Companies based in Gurugram Category:1996 establishments in India