CJ Darcl Logistics has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed Initial Public Offering.

Hydrogen for long haul, EVs for short: CJ Darcl on India’s logistics fuel future

India’s logistics sector is going through a major transformation, with alternative fuels and digitisation at the forefront. In an interaction with ET Digital, Nikhil Agarwal, President of CJ Darcl Logistics, discusses the promise and limitations of liquefied natural gas (LNG), electric vehicles (EVs), and hydrogen in logistics. He also elaborates on how the company is supporting small fleet operators and reveals the intended deployment of its newly infused $32 million investments.

The Economic Times (ET): What’s your current view on alternative fuels in logistics, particularly LNG, EVs, and CNG? Where does CJ Darcl stand in terms of adoption?

Nikhil Agarwal (NA): Honestly, we are still in the exploration phase. These technologies are emerging, and a lot of pilots are happening across the sector. If we break the logistics industry into two: local/intracity and long-haul freight; LNG is better suited for long-haul while EVs are more promising for short-haul, intracity use.