India a major growth engine; to account for around 20% of overall topline in 5 yrs: FM Logistic - Moneycontrol

The company also said FM Logistic India has grown three times in both revenue and land space under its possession since its entry in the domestic market after acquiring Pune-based logistics firm Spear Logistics.

Stating that the Indian subsidiary was able to post a 50 per cent growth in turnover in the previous fiscal despite the pandemic, he said the company is expecting 40 per cent growth this fiscal. Acc… [+2619 chars]

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