About TCI Express Limited

TCI Express Limited is a specialist B2B express logistics company with nationwide reach and international capabilities. Established in 1996 and listed in 2016, the company operates India’s only express delivery network with its own nationwide infrastructure. It offers multimodal express services including Surface, Domestic Air, International Air, Rail, and C2C, along with E-commerce Express and Pharma Cold Chain solutions. Services feature time-definite deliveries, extended Sunday and holiday operations with late pickups, cross-border express, and a Diplomat service for locations outside the network.

The company has over 970 owned branches, 60 zonal offices, and 28 sorting centres, supported by a fleet of more than 5,500 GPS-enabled containerised vehicles and a workforce exceeding 3,000. Two sorting centres in Gurugram and Pune are fully automated, with automation underway at Kolkata and Ahmedabad. TCI Express predominantly serves B2B customers (97%) with a focus on Tier II and Tier III cities.

Industries served include automobile, telecom, retail, textile, pharmaceuticals, electronics, and e-commerce. The company employs an asset-light model supported by an API-based technology stack, containerised transport, ERP-enabled operations, real-time tracking, barcoding, and CCTV monitoring to ensure speed, reliability, and cost-efficiency.

TCI Express operates pan-India and manages international routes with a regional representative office in Singapore supporting the company’s strategic footprint in the region. It has one subsidiary.

Key Milestones of TCI Express Limited

• Listed in 2016, marking nine years post demerger.
• Commissioned fully automated sorting centres at Gurugram and Pune.
• Expanded branch network to over 970 locations.
• Strengthened multimodal capabilities including cross-border express services.
• Recognized as a leading and fast express multimodal player serving domestic and international markets.

TCI Express Limited Business Verticals and Geographic Presence 

Services Offered:

• Multimodal express logistics: Surface, Domestic Air, International Air, Rail, C2C Express.
• E-commerce express and specialized Pharma Cold Chain solutions.

Geographic Coverage:

• Pan-India network: 970+ owned branches, 60 zonal offices, 28 sorting centres.
• International operations supported via Singapore regional office.

TCI Express Limited Business Segment

TCI Express operates a unified business segment focused on express logistics with multimodal delivery capabilities. It caters primarily to B2B customers across varied industries, emphasizing speed, reliability, and efficiency supported by a high-tech asset-light infrastructure. The company’s integrated technologies, including AI-driven route optimization and blockchain record-keeping, augment operational accuracy and customer experience.

TCI Express Limited Key Management

• D.P. Agarwal – Chairperson & Director
• Chander Agarwal – Managing Director
• Vineet Agarwal – Non-Executive Director
• Phool Chand Sharma – Non-Executive Director
• Prashant Jain – Independent Director
• Murali Krishna Chevuturi – Independent Director
• Taruna Singhi – Independent Director
• Mukti Lal – Chief Financial Officer
• Priyanka – Company Secretary & Compliance Officer
• Pabitra Mohan Panda – Sr. Chief Sales & Marketing Officer
• Ashok Pandey – Chief Operating Officer (Multimodal Express)

Latest Updates on TCI Express Limited

• Network expansion: Added 10 new branches in Surface segment, and 25 new branches each in Rail and Domestic Air segments.
• Sorting centre capacity: Commissioned state-of-the-art sorting centres at Nagpur, Raipur, and Indore; Gurugram and Pune centres fully automated, with automation planned at Kolkata and Ahmedabad.
• Technological advancements: Continued adoption of ERP, AI and ML for route optimization, blockchain for record maintenance, and real-time tracking systems.
• Multimodal development: Expanded temperature-controlled shipment capability in Rail Express to support specialized sectors.
• Operational efficiency: Capacity utilization at 82.5% for FY 2024-25, demonstrating strong operational discipline.
• Capital expenditure: Committed Rs 110 crore for advanced automation at sorting centres and next-gen infrastructure development across India.

Awards and recognition: Received CII SCALE Award ’24 for Supply Chain and Logistics Excellence, featured in Forbes India’s Select 200 Companies with Global Business Potential (DGEMS 2024), and earned Great Place to Work certification for the fifth consecutive year.