About North Eastern Carrying Corporation Limited

North Eastern Carrying Corporation Limited (NECC) is a logistics and road transport company established in 1968 by Late Sh. Jaswant Rai Jain to serve the East and North East from Delhi with part-load services. The company’s national footprint expanded after Sh. Sunil Kumar Jain joined in 1980, adding new verticals and taking NECC PAN India. Its equity shares were listed on BSE in 2012 and on NSE in 2016, marking key milestones in its public market journey.

NECC provides end-to-end logistics solutions across Part Truck Load (PTL), Full Truck Load (FTL), bulk movements (including mining logistics such as chrome/iron/manganese ore), Over Dimensional Consignments (ODC) and warehousing. The company offers integrated services with more than 1.5 million sq. ft. of warehousing (mix of leased and owned) and turnkey ODC capabilities.

Geographically, NECC serves customers throughout India with significant presence in neighbouring countries. The network operates across India, Nepal and Bhutan, with broader presence extended to Nepal, Bhutan, Tibet and the border area of Bangladesh.

The company’s PTL division is its flagship, moving small parcels (below 50 kg) from all over India to the eastern and north-eastern regions, backed by more than 4,00,000 customers and 230 offices across India/Nepal/Bhutan. NECC complements PTL with FTL placements for major corporates anywhere-to-anywhere in India, bulk logistics for industrial commodities, and ODC movement on a turnkey basis.

NECC also deploys Electric Heavy Commercial Vehicles (EV HCVs) alongside conventional lorries in its operations. As at March 31, 2025, the company reported a total manpower of 554 employees, including executive directors. The company has zero subsidiaries.

Key Milestones of North Eastern Carrying Corporation Limited

• Expansion from part-load services focused on East and North East to Pan India coverage.
• Listing on BSE (2012) and NSE (2016).
• Significant development of PTL network with over 4,00,000 customers and 230 offices.
• Adoption of Electric Heavy Commercial Vehicles in fleet.

North Eastern Carrying Corporation Limited Business Segment and Geographic Presence  

Operates a single segment – road transport and logistic services, offering PTL, FTL, bulk commodity transportation, ODC movements and warehousing, with operations across India and neighbouring countries Nepal, Bhutan, Tibet and border area of Bangladesh. 

Transport of goods by road including part truck load, full truck load, bulk movements, over dimensional consignments, warehousing and integrated logistics solutions.

North Eastern Carrying Corporation Limited Key Management

• Sunil Kumar Jain, Chairman & Managing Director
• Utkarsh Jain, Whole-time Director
• Chandan Singh, Chief Financial Officer (from October 30, 2024)
• Rakesh, Company Secretary (from December 03, 2024)

Latest Updates on North Eastern Carrying Corporation Limited

• Acquired 10.81% stake in SG Green Logistics Private Limited (MoU December 2023).
• Preferential issue and warrant conversion raised funds for loan repayment and working capital.
• Equity share capital at 10,00,00,000 shares of Rs 10 face value as of March 31, 2025.
• Credit rating upgraded to IND BBB in October 2024.
• Secured five-year EV-based transport contract with Tata Steel Limited.
• Reported freight, loading/unloading and warehousing activities with freight as dominant segment in FY 2024-25.
• Confirmed single reportable segment for operations.