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Jassper Shipping to Invest US$50M, Puts India at Center of Global Push
(MENAFN- NEWSBEAT WIRE) /PRNewswire/ -- Jassper Shipping, a project logistics and specialised cargo solutions company, today announced a growth capital programme of up to US$50 million, subject to prevailing market conditions, requisite regulatory approvals and internal corporate authorizations, to be deployed over the next three years.
The intended capital infusion aligns to India's infrastructure, manufacturing and energy expansion, while integrating industrial supply chain capabilities across India, the Gulf, Southeast Asia, Africa, the Red Sea and the Far East.
Under Phase 1, Jassper Shipping intends to deploy US$10 million to its B2B project logistics business. That money is earmarked for sectors the company already serves: power, steel, petrochemicals, heavy engineering, manufacturing and large infrastructure.
McKinsey & Company puts the global project logistics market at over US$400 billion by 2030, driven by infrastructure builds, energy transition spending and trade route restructuring. The World Economic Forum notes this restructuring is pushing capital toward emerging-market corridors, with India, the Gulf and Southeast Asia as priority destinations.
India's major ports handled 915.17 million tonnes of cargo in FY 2025–26, up 7.06% year-on-year, per the Ministry of Ports, Shipping and Waterways. That tracks with what Jassper sees across its own corridors, where industrial activity, energy projects and infrastructure builds push up demand for specialised cargo handling, port connectivity and inland transport.
"India is in the middle of a multi-year investment cycle across infrastructure and industry, and that is opening up real opportunities for specialised logistics players. Our US$50 million programme is about building the scale and execution strength to participate in that — and to do it from India, radiating outward to the Gulf and our other international corridors," said Pushpank Kaushik, CEO & Head of Business Development (Subcontinent, Middle East & Southeast Asia), Jassper Shipping.
The intended capital infusion aligns to India's infrastructure, manufacturing and energy expansion, while integrating industrial supply chain capabilities across India, the Gulf, Southeast Asia, Africa, the Red Sea and the Far East.
Under Phase 1, Jassper Shipping intends to deploy US$10 million to its B2B project logistics business. That money is earmarked for sectors the company already serves: power, steel, petrochemicals, heavy engineering, manufacturing and large infrastructure.
McKinsey & Company puts the global project logistics market at over US$400 billion by 2030, driven by infrastructure builds, energy transition spending and trade route restructuring. The World Economic Forum notes this restructuring is pushing capital toward emerging-market corridors, with India, the Gulf and Southeast Asia as priority destinations.
India's major ports handled 915.17 million tonnes of cargo in FY 2025–26, up 7.06% year-on-year, per the Ministry of Ports, Shipping and Waterways. That tracks with what Jassper sees across its own corridors, where industrial activity, energy projects and infrastructure builds push up demand for specialised cargo handling, port connectivity and inland transport.
"India is in the middle of a multi-year investment cycle across infrastructure and industry, and that is opening up real opportunities for specialised logistics players. Our US$50 million programme is about building the scale and execution strength to participate in that — and to do it from India, radiating outward to the Gulf and our other international corridors," said Pushpank Kaushik, CEO & Head of Business Development (Subcontinent, Middle East & Southeast Asia), Jassper Shipping.
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