Both companies strengthen positions in India – U.S. trade, additional synergy in India – Middle East trade
Jamaica, NY - Falcon Maritime India Pvt. Ltd. (FIMPL), the Indian subsidiary of New York-based Falcon Maritime and Aviation (FMAA) has merged their operations across India with Tiger Logistics India Ltd. (TLI).
“India has been an important market for us for over two decades.” remarked Richard A. Shelala, President of Falcon. “The Indian market has grown exponentially, and if we are going to continue to grow alongside this exciting market, we believe that our best bet is with a strong local partner. Tiger is a great company with similar values to ours. We are both committed to innovating technology and offering the highest level of customer service in the market.”
The new entity, which will operate under the joint identity of Tiger-Falcon Logistics in India, will benefit from the combined knowledge and experience of both Tiger and Falcon, while creating a larger international footprint for both companies.
“We are very excited about this new partnership,” said Harpreet Singh, Managing Director of Tiger. “We now not only have a strong market position in India, but this merger allows for us to truly explore all of the potential in the Arabian Peninsula, Latin America, and Europe. Our priority right now is a smooth and fast integration of our organizations.”
Tiger-Falcon will continue to provide specialized solutions for international trade, working closely with clients to craft unique, bespoke transportation solutions around their needs.
Falcon Maritime and Aviation is an American non-vessel operating common carrier (NVOCC) based in New York. Falcon maintains strategic global offices on four continents, and has maintained a strong presence in India since 2009 under the brand of Falcon India Pvt. Ltd. – with offices in Mumbai, New Delhi, Ahmedabad, and Ludhiana.
Tiger Logistics was incorporated in the year 2000 by Mr. Harpreet Sigh Malhotra. Since its founding, Tiger has seen impressive growth averaging 28% per annum. It is one of the youngest companies to be listed on the BSE (Bombay Stock Exchange.) Under the merger, Tiger will take over operations folding Falcon offices and personnel into their existing network which includes offices in Mumbai, New Delhi, Nashik, Pune, Kolkata, Ahmedabad, Veraval, Mundra, Hazira, Morbi, Vadodara, Kanpur, Ludhiana, Jaipur, Bengaluru, and Chennai.