š¤ Shermans Logistics & Glottis India Ink Strategic MOU
Partnership Overview: Sri Lanka's Shermans Logistics (a JV between Esna and Mclarens groups) has signed a strategic MOU with Indiaās publicly listed Glottis Ltd to enhance regional trade and supply chain integration. Key Focus Areas: The collaboration targets high-growth sectors including Project Cargo, Renewable Energy Logistics, Automotive, Chemicals, 3PL, and Freight Forwarding. Strategic Objectives: ⢠Strengthening the India-Sri Lanka trade corridor. ⢠Developing integrated end-to-end supply chain solutions. ⢠Exploring long-term Joint Venture (JV) opportunities in the Renewable Energy and allied sectors. Industry Context: By leveraging Glottisās presence in major Indian hubs and Shermansā established local footprint, the move aims to boost regional trade flows and support energy transition logistics across both nations. š