Logistics giants Delhivery Ltd and Ecom Express have jointly approached the Competition Commission of India (CCI) for approval of their Rs. 1,400 crore deal, announced on April 5. The deal will see Delhivery acquiring a controlling stake in Ecom Express, enhancing its footprint in the Indian logistics sector, particularly in e-commerce. Both companies argue that the deal will not disrupt competitive dynamics in the logistics market, emphasizing the potential for improved service through investments in infrastructure and technology.
