US$50M program to fuel international growth ambitions.
Jassper Shipping, a project logistics and specialized cargo solutions company, today announced a growth capital program of up to US$50 million, subject to prevailing market conditions, requisite regulatory approvals and internal corporate authorizations, to be deployed over the next three years.
The intended capital infusion aligns to India’s infrastructure, manufacturing and energy expansion, while integrating industrial supply chain capabilities across India, the Gulf, Southeast Asia, Africa, the Red Sea and the Far East.
Phase 1 investment targets power, steel and infrastructure logistics
Under Phase 1, Jassper Shipping intends to deploy US$10 million to its B2B project logistics business. That money is earmarked for sectors the company already serves: power, steel, petrochemicals, heavy engineering, manufacturing and large infrastructure.
Trade shifts drive investment toward India, Gulf and Southeast Asia
McKinsey & Company puts the global project logistics market at over US$400 billion by 2030, driven by infrastructure builds, energy transition spending and trade route restructuring. The World Economic Forum notes this restructuring is pushing capital toward emerging-market corridors, with India, the Gulf and Southeast Asia as priority destinations.
India’s major ports handled 915.17 million tonnes of cargo in FY 2025–26, up 7.06% year-on-year, per the Ministry of Ports, Shipping and Waterways. That tracks with what Jassper sees across its own corridors, where industrial activity, energy projects and infrastructure builds push up demand for specialized cargo handling, port connectivity and inland transport.
“India is in the middle of a multi-year investment cycle across infrastructure and industry, and that is opening up real opportunities for specialized logistics players. Our US$50 million program is about building the scale and execution strength to participate in that and to do it from India, radiating outward to the Gulf and our other international corridors,” said Pushpank Kaushik, CEO & Head of Business Development (Subcontinent, Middle East & Southeast Asia), Jassper Shipping.
Founded in 1993, Jassper Shipping is an international shipping and logistics company providing project logistics, breakbulk logistics, bulk logistics, ship chartering and industrial supply chain solutions. The company has operations and network coverage across SEA, Africa, Arabian Gulf, Red Sea and Far East Asia, among others.
Over the years, Jassper Shipping has expanded into allied businesses including Jassper Fuels and integrated EVs into its distribution logistics, enabling integrated supply chain solutions.
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