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Latest Business News, Business News India Today | The HinduBusinessLine

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A1 adds 10 multi-axle tankers to expand fleet
2026-04-13 · via Latest Business News, Business News India Today | The HinduBusinessLine

A1 Ltd, a leading logistics and industrial chemicals company, plans to add 10 multi-axle tankers to its existing fleet and take the total company-owned fleet to 71 vehicles.

With this expansion, the company targets to cater the rising customer demand and ensure timely deliveries across markets. The enhanced fleet size is expected to reduce dependency on third-party transporters, improve turnaround times and optimise logistics costs.

The company remains on track to fully repay all outstanding vehicle-related liabilities by October, transitioning to a 100 per cent company owned and debt-free fleet. Currently, 90 per cent of the company’s feet are debt-free.

A debt-free fleet not only reduces finance costs but also strengthens operational efficiency and long-term profitability. The reinforces A1 Ltd’s strong balance sheet and enhances financial flexibility, positioning the company for sustainable growth while improving return ratios, it said.

Harshadkumar Patel, Chairman and Managing Director, A1 Ltd said achieving a near debt-free fleet reflects the company’s disciplined financial approach with the addition of new tankers and continued investment in logistics infrastructure will further strengthening service capabilities.

The fully owned fleet will enhance operational efficiencies, reduce costs, and drive sustainable growth in the coming years, he said.

In last four decades, A1 Ltd has built a strong reputation in the transportation of industrial and hazardous chemicals across India. The company operates a diversified fleet comprising SS-316, SS-304, HDPE, MS and aluminium tankers, capable of handling a wide range of liquid cargo.

Its expertise spans the safe and efficient movement of key industrial chemicals such as Nitric Acid, Sulphuric Acid, Hydrochloric Acid, Ethyl Acetate, Acetic Acid and technical-grade urea.

It serves a wide spectrum of industries, including pharmaceuticals, intermediates, textiles, dyes and pigments, steel, petrochemicals and dairy. It maintains strong relationships with leading corporates and holds dealership associations with GNFC Ltd, GSFC Ltd, Nirma, Kiri Industries, Grasim Industries, SRF Ltd and Rashtriya Chemicals & Fertilisers.

Published on April 13, 2026