CJ Logistics raises stake in CJ Darcl with $32M investment to expand India operations

By Staff Report May 26, 2025 6:10 pm IST

CJ Logistics Corporation increased stake in CJ Darcl Logistics with a $32 million investment to support expansion of logistics infrastructure and services across India.

In a move that reaffirms partnership and commitment to India’s logistics sector, CJ Logistics Corporation, South Korea’s largest logistics company, infused USD 32 million as a combination of primary and secondary transactions into CJ Darcl Logistics Ltd. (CJ Darcl), one of India’s integrated logistics service providers, increasing its equity stake from 50% to 56%.

The investment aims to strengthen CJ Darcl’s capital base and power the next phase of growth. The funds will be directed to accelerate nationwide expansion across multimodal logistics infrastructure, spanning terminals, warehousing, digital supply chain solutions, and alternative fuel platforms.

CJ Logistics and CJ Darcl forged a partnership in 2017 through a strategic partnership. The KOSPI-listed Korean logistics company acquired a 50% stake in DARCL Logistics Ltd., rebranded as CJ Darcl Logistics Ltd. The remaining 44% stake continues to be held by the founding Darcl promoters and affiliates, reflecting alignment and stability in ownership.

K.K. Agarwal, Chairman and Managing Director of CJ Darcl Logistics Ltd., commented, “This investment underscores CJ Logistics Corporation’s belief in our vision and performance. It is a testament to the trust we have built over the years and to our shared mission of transforming India’s logistics landscape. The capital will enable us to scale our integrated offerings, invest in next-generation technologies, and drive growth. We are creating a future-ready logistics enterprise that blends Indian depth with global excellence.”

Gwon Woong Kim, Head of APAC Headquarters, CJ Logistics Corporation, added, “India is entering a transformative era in logistics and remains a cornerstone of CJ Logistics’ global strategy. Just as we witnessed a shift from unorganised to organised infrastructure in Korean markets during the 1990s, we see India poised for a similar acceleration. Through collaboration with CJ Darcl, we are committed to driving innovation and delivering logistics solutions that support India’s evolving supply chain ecosystem.”

This enhanced equity position comes amid a surge in investor interest in India’s logistics sector, driven by government-led infrastructure upgrades, policy reforms, and a growing emphasis on digitalisation and green mobility.