The transportation industry provides air, rail, truck, and waterborne transportation. And, also warehousing and storage services.
It includes transit and ground passenger, pipeline, postal, courier, and messenger transportation servicesTransportation companies in India mostly depend on the global economy. A stable and healthy economy can accelerate the manufacturing outputs, commodity trade, leisure travel activity, and consumer & business expenses. Some costs are stable, for instance, the cost of fuel and labor – to run the transportation business smoothly, every individual has to concentrate on the operations that mean the global economy needs to be strong.
Here is a list of the top 10 transport companies in India, based on various factors such as revenue, size, market presence, and reputation:
I) Transport Corporation of India (TCI)
It is a leading logistics and supply chain solutions provider in India. The company offers a wide range of services including transportation, warehousing, distribution, and supply chain management for businesses and individuals. It has a nationwide network of branches and a fleet of vehicles including trucks, trailers, and containers to provide efficient and timely delivery of goods. TCI also provides custom clearance, documentation, and other value-added services to its clients. In addition to its domestic operations, the company also has a presence in international markets through its global network of partners
Market Size:
As of December 2022, Transport Corporation of India has a market cap of $0.53 Billion. This makes Transport Corporation of India the world’s 5215th most valuable company by market cap according to company’s progress and data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure how much a company is worth.

ii) Blue Dart Express
Blue Dart Express is a courier and logistics company based in India. The company was established in 1983 and is headquartered in Mumbai. It is a subordinate of DHL, the global logistics company. Blue Dart offers a range of services including air and ground transportation, warehousing, and customs clearance. The company operates a connection of more than 50,000 locations across the nation, making it one of the largest and most comprehensive logistics companies in the country. In addition to its domestic operations, Blue Dart also provides international shipping services to more than 220 countries and territories around the globe.
Market Size:
As of December 2022, Blue Dart Express has a market cap of $2.12 Billion. This makes Blue Dart Express the world’s 3576th most valuable company by market cap according to our data.

iii) Gati –
It is a leading Indian express distribution and supply chain solutions company that was established in 1989. The company offers a range of services including express delivery, freight, and supply chain solutions to businesses and individuals across India and internationally. Gati has a connection of over 10,000 service points and a fleet of over 4,000 vehicles, and it operates through a network of branches, hubs, and warehouses located in major cities across the nation. In addition to its main express delivery and supply chain services, Gati also offers e-commerce fulfilment solutions, cold chain solutions, and transportation solutions for the healthcare, retail, and automotive industries.
Note – There’s a scheme launched by the Prime Minister in October 2021 and goes by a similar name of “PM Gati Shakti”. In order, to know more – you can check out the link attached below:
Link: https://www.fr8.in/blog/gati-shakti/
Market Size:

iv) DHL Supply Chain –
It is a division of DHL, a global logistics company that offers a range of supply chain management and logistics services. DHL Supply Chain is focused on providing solutions for the procurement, production, and distribution of goods and materials for businesses around the globe.
Some of the services offered by DHL Supply Chain include:
- Contract Logistics – customized solutions for managing the entire supply chain process, from sourcing to procurement to production, distribution and furthermore.
- Warehousing & Distribution – storage and distribution services, including cross-docking, order fulfillment, and inventory management.
- Transportation Management – Planning and execution of transportation services, including air, sea and ground transportation as well as intermodal solutions.
- Value-added Service – A wide range of services that add value to the supply chain process, including packaging, labeling, kitting and assembly.
DHL Supply Chain has a global network of warehouses and distribution centers, as well as fleet of vehicles and a team of experienced professionals to manage and develop the supply chain process.
v) Safe Express –
Safexpress Private Limited is a non-govt company, incorporated on 25 April 1996. It’s a private unlisted company and is classified as ‘company limited by shares.
Company’s authorized capital stands at Rs 250.0 lakhs and has 40% paid-up capital which is Rs 100 lakhs. Safexpress Private Limited last annual general meet (AGM) happened on 29 Sep 2017. The company last updated its financials on 31 March 2017 as per Ministry of Corporate Affairs (MCA).
Safexpress Pvt. Ltd. Is majorly in Transport, storage and communications business from last 26 years and currently, company operations are active.
Market Size: 7601827816
Here is a summary of financial information of SAFEXPRESS PRIVATE LIMITED for the financial year ending on 31 March 2022.
- Revenue / turnover of SAFEXPRESS PRIVATE LIMITED is Over INR 500 cr
- Net worth of the company has increased by 15.69 %
- EBITDA of the company has increased by 0.58 %
- Total assets of the company have increased by 19.79 %
- Liabilities of the company has increased by 11.07%

vi) AEGIS LOGISTICS –
Aegis Logistics Limited is a diversified firm based in India that provides logistics and supply chain management services.
The company has a presence in various sectors, including oil & gas, chemical & petrochemical, and retail & consumer products. Aegis Logistics operates a network of terminal facilities and pipelines for the storage & handling of liquid and gas products.
It also provides transportation and distribution services, including rail and road transport, as well as warehousing and other value-added services. Along with its domestic operations, the company has a global presence through its connection with overseas offices and partnerships.
Market Size:
Below mentioned two figures shows the 5 years Revenue and Net Profit of Aegis Logistics.


vii) MAHINDRA LOGISTICS LIMITED (MLL) –
Mahindra Logistics Limited (MLL) is a provider of supply chain management and third-party logistics services in India.
It is a part of the Mahindra Group, a diversified combination with a presence in different sectors, including automotive, agribusiness, aerospace, two wheelers, and defense. MLL offers a range of services, including transportation, warehousing, distribution, and value-added services such as packaging and assembly.
The company serves several sectors, including automotive, engineering, fast-moving consumer goods, and pharmaceuticals. MLL has a network of warehouses and distribution centers across India and also has a presence in international markets through its subsidiaries and joint ventures across the globe.
Market Size:
Mahindra Logistics Ltd. key Products/Revenue Segments include Services Rendered and Other Operating Revenue for the year ending 31-Mar-2022.
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 1,329.68 Crore, up 10.53 % from last quarter Total Income of Rs 1,202.99 Crore and up 30.22 % from last year same quarter Total Income of Rs 1,021.07 Crore. Company has reported net profit after tax of Rs 11.91 Crore in latest quarter.
As on 30-06-2022, the company has a total of 7.19 Crore shares outstanding.Show Less
viii) VRL LOGISTICS LIMITED –
VRL Logistics Limited is a logistics and transportation company based in India. The company was founded in 1976 and is headquartered in Hubli, Karnataka.
VRL Logistics provides a range of services, including transportation of goods, package delivery, and warehousing. It operates a fleet of trucks and has a network of branches and franchises across India. It also has a presence in other sectors, including travel and tourism, media, and real estate.
The company is also known for its distinctive orange-colored trucks, which are a common sight on Indian roads.
Market Size:
VRL Logistics Ltd. key Products/Revenue Segments include Income From Transportation Services, Travel Operations, Power, Scrap, Services (Courier), Airlines, Freight, Service (Hotel) and from Advertisement for the year ending 31-Mar-2022.
For the quarter ended 30-09-2022, the company has reported a Standalone Total Income of Rs 732.95 Crore, up 1.79 % from last quarter Total Income of Rs 720.08 Crore and up 14.86 % from last year same quarter Total Income of Rs 638.14 Crore. Company has reported net profit after tax of Rs 31.46 Crore in latest quarter.
As on 30-09-2022, the company has a total of 8.83 Crore shares outstanding.
ix) TCI EXPRESS LIMITED –
TCI Express Limited is a transportation and logistics company based in India. The company was founded in 1958 and is headquartered in Gurugram, Haryana.
TCI Express offers a range of services, including surface transportation, air & sea freight, warehousing, and distribution. It operates a network of branches and franchises across India and also has a presence in international markets. It also has a presence in other sectors, such as real estate and healthcare.
The company is known for its commitment to providing high-quality services and using advanced technology to optimize its operations.
Market Size:
TCI Express Ltd. key Products/Revenue Segments include Freight & Demurrage for the year ending 31-Mar-2022.
For the quarter ended 30-09-2022, the company has reported a Standalone Total Income of Rs 312.17 Crore, up 6.77 % from last quarter Total Income of Rs 292.37 Crore and up 13.19 % from last year same quarter Total Income of Rs 275.80 Crore. Company has reported net profit after tax of Rs 37.79 Crore in latest quarter.
As on 30-06-2022, the company has a total of 3.85 Crore shares outstanding.
x) SICAL LOGISTICS LIMITED –
Sical Logistics Limited is a transportation and logistics company based in India. The company was founded in 1947 and is headquartered in Chennai, Tamil Nadu.
Sical Logistics provides a range of services, including transportation of bulk & containerized cargo, warehousing, and distribution. It operates a fleet of trucks and has a network of branches and franchises across India. IT also has a presence in other sectors, such as infrastructure development and project management.
The company is also known for its expertise in handling and transporting a variety of cargoes, including coal, iron ore, and fertilizers.
Market Size:
Sical Logistics Ltd. key Products/Revenue Segments include Income From Logistics Operations & Others for the year ending 31-Mar-2021.
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 107.14 Crore, up .86 % from last quarter Total Income of Rs 106.23 Crore and up 29.85 % from last year same quarter Total Income of Rs 82.51 Crore. Company has reported net profit after tax of Rs 2.37 Crore in latest quarter.
As on 31-03-2022, the company has a total of 5.85 Crore shares outstanding.
CONCLUSION:
There are other transport companies that could be added in this list. Since, I mentioned only 10 companies, you can learn more about these and other companies through this link – https://www.inventiva.co.in/trends/top-10-best-transport-companies/
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