The Karnataka State Road Transport Corporation (KSRTC) is set to enter the logistics business by deploying 20 fully-equipped trucks with the aim of enhancing non-ticket revenue starting from December 23.
The KSRTC has received 20 trucks recently and all the trucks will be starting their service under the brand name ‘Namma Cargo’, Transport Minister Ramalinga Reddy told The Hindu.
“Utilising KSRTC’s robust network and assets, which encompass depots throughout Karnataka, the corporation is venturing into the logistics sector. In a pilot project, we are introducing 20 trucks with plans to further expand the fleet soon. We aim to achieve an annual revenue of ₹100 crore through our logistics operations,” Mr. Reddy added.