Japan’s MOL to invest in Indian logistics startup after ₹2,000 crore realty push in Gurugram, Chennai.
Japan’s Mitsui O.S.K. Lines (MOL), the world’s second-largest shipowner, is set to invest in an Indian logistics startup soon, following a ₹2,000 crore investment in real estate projects in Gurugram and Chennai. As part of its “Blue Action 2035” strategy, MOL is diversifying beyond shipping into stable, long-term ventures like logistics and clean energy. MOL has created MOL Plus and MOL Switch to target startups and sustainability investments, with a special focus on India. While MOL is interested in India's shipbuilding potential, it stresses the need for quality, timely delivery, and safety standards before placing orders. With 13 ships under the Indian flag, MOL aims to expand in India’s energy transport sector, aligning with refinery growth and government maritime push. It is also exploring collaborations with Indian PSUs. MOL views India and the Indian Ocean as key to its long-term growth and plans to scale up its air freight and logistics footprint across the country.