The cold chain vehicles were purchased from several global multinationals.

After an exhaustive due diligence process, we have acquired a fleet of 50 vehicles, carefully evaluating their quality, condition and wear. This acquisition significantly strengthens AVG's ability to fulfill a recently acquired long-term contract with the multinational goods company India's largest consumer goods market, both dry and frozen products, said Sanjay Gupta, managing director and chief executive officer, in a filing to BSE.

With this addition, the company's total park amounts to 275 cold chains.

AVG Logistics specializes in providing customized, technology-based solutions for warehousing, distribution and supply chain management.