Shashi Kiran Shetty

Shashi Kiran Shetty has been pioneering the Indian logistics sector for more than two decades and has helmed major transformations riding on the growth of the Indian economy. A true entrepreneur, he began early, when the logistics sector was at a nascent stage in 1993, by founding Allcargo Logistics which today enjoys the status of being India’s largest integrated logistics company in the private sector. Its world-class services include MTO, Contract logistics, and Project Equipment, with each carving a niche of its own.

Spearheading 10 key global acquisitions in less than a decade, Shashi Kiran Shetty sets a brilliant example of benefiting from first movers advantage, wherein he saw the formidable strength and bright future the sector holds in India and globally.

He made history in 2005-06, when the acquisition of Belgium-based ECU-LINE, the world’s second largest NVOCC player, stunned the world as its revenues were almost 5 times that of Allcargo Logistics. The winning streak continued till 2013 with subsequent acquisitions of companies in key geographies like China, Europe and the U.S.

Through strategic expansion of service portfolio across key markets and global consolidation of mergers, backed by Mr. Shetty’s zeal to cater to domestic demands, Allcargo Logistics has grown to be a global leader in integrated logistics solutions, operating in over 160 countries with 300+ offices, housing more than 8,500 team members and minting revenues to the tune of approximately USD 1 billion, with facilities which are industry benchmarks.

With Mr. Shetty’s insistence on quality, impeccable execution and customer satisfaction, Allcargo Logistics is recognised as one of the most professionally- managed and process-driven organisations.

Consistent and valuable contribution to the sector led him to being awarded with the prestigious ‘Lifetime Contribution to Freight Award’ at the Global Freight Awards 2015, London.

For strengthening trade between India and Belgium through the economic initiatives of Allcargo Logistics and ECU-LINE, Mr. Shetty was conferred with the highest civilian honour – ‘Distinction of Commander of the Order of Leopold II’ by H.M. King Philippe of Belgium in 2015.

In recognition of his business leadership and outstanding contributions as CEO, he was awarded the ‘Entrepreneur of the Year’ in the Services Category by Ernst & Young in 2010, in addition to several industry awards.

Mr. Shetty was awarded the ‘Honorary Doctorate’ by Mangalore University in 2015, for his professional achievements, as well as for his philanthropic contributions. Mr. Shetty is a staunch believer of CSR and actively leads the initiatives of Avashya Foundation, the group’s NGO wing involved in Natural Disaster Relief, Education, Healthcare, Women Empowerment, Sports and Environmental Sustainability.

He is a sports enthusiast and an avid golfer.