History
Transport Corporation of India Limited was founded in 1958 and initially as a freight transport company. [4] Later, the company expanded its logistics operations across India. [5]
In 1995, Transport Corporation of India operates TCI Seaways, as its sea cargo division. The division is engaged in coastal and international shipping activities, including the movement of container, bulk, and project cargo. [6] [7]
In 1996, Transport Corporation of India started the TCI XPS division, which later became TCI Express. The division provides domestic and international courier services by road, rail, and air, and provides e-commerce delivery services in India. [8] [9]
In 2008, TCI Express was incorporated as TCI Properties (Pune) Limited. In 2025, It was renamed TCI Express Limited, and in 2016 the division was demerged and became an independent publicly listed company. [10] [8]
In 2008, Transport Corporation of India incorporated TCI Developers Ltd as a wholly-owned subsidiary. The division focuses on the development of commercial and residential properties, along with warehouses and logistics parks. [11] [12]
Transport Corporation of India operates TCI Supply Chain Solutions (TCI SCS), a division engaged in supply chain and logistics activities, including warehousing and distribution services. [13] [14]
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