GreenLine invests $275m in green logistics; Nikhil Kamath invests $20m

India’s road logistics sector—home to over 4 million trucks and growing—remains one of the country’s most carbon-intensive industries. Aligned with the Indian government’s goal to reduce greenhouse gas emissions, GreenLine is committed to transitioning India’s heavy-duty vehicle (HDV) fleet to LNG and EV trucks, promoting cleaner and more sustainable transport. The company offers its logistics services at cost parity with diesel trucks, enabling customers to cut emissions without incurring additional costs.

GreenLine’s LNG-powered trucks reduce CO₂ emissions by up to 30%, making them a trusted partner for corporates aiming to achieve sustainability goals. Its current fleet of over 650 LNG trucks serves marquee clients across industries such as FMCG & eCommerce, metals and mining, cement, oil & gas, and chemicals. The fleet has already covered over 38 million kilometres, reducing 10,000 tonnes of CO₂ emissions so far.

Anshuman Ruia, Director, Essar, said: “We are really excited about this game-changing shift in India’s heavy trucking industry. We see this as an opportunity to not only build the green mobility ecosystem, but also, in the future, invest in clean energy sources to power our electric trucks. This integrated approach will significantly reduce emissions, cut down on energy imports, and help drive India towards achieving a more sustainable, energy-secure future.”

Anand Mimani, CEO, GreenLine Mobility Solutions Ltd., said: “GreenLine has been at the forefront of decarbonising India’s heavy trucking industry, making significant progress from the very start. As leaders in this space, this investment brings us even closer to our vision of transforming India’s road logistics sector. We request India Inc. to embrace this evolving landscape and actively support the transition towards a greener and more sustainable future for all.”

Nikhil Kamath, Investor and Entrepreneur, said: “The logistics industry needs to evolve—faster, cleaner, and smarter. Green mobility isn’t just a trend; it’s the inevitable future. Backing GreenLine is a bet on that future, where sustainability and efficiency go hand in hand. More companies need to take the leap, adopt green tech, and rethink how we move goods at scale. This shift is happening—with or without you.”