Shashi Kiran Shetty
Indian businessman From Wikipedia, the free encyclopedia
Shashi Kiran Shetty (born 7 June 1957) is the founder and chairman of Allcargo Group, which comprises companies Allcargo Logistics, ECU Worldwide, Gati Limited[1] and others.[2]
Shashi Kiran Shetty | |
|---|---|
| |
| Born | 7 June 1957 |
| Nationality | Indian |
| Alma mater | Sri Venkataramana Swamy College, Bantwal |
| Occupation | Businessman |
| Years active | 1978–present |
| Title | Chairman and Managing Director, Allcargo Logistics; Chairman, ECU Worldwide; Chairman, Gati Limited |
| Spouse | Arathi Shetty |
| Children | Vaishnav and Shloka |
| Awards | Commander, Order of Leopold II (2015) |
Early life and education
Shetty was born on 7 June 1957 in Bantwal, a small town in Dakshina Kannada district, Karnataka, India. He pursued his bachelor's degree in commerce from Shri Venkatramana Swamy College.[3] Later, in 1978 he moved to Mumbai for employment.[2]
Career
Starting his career in the logistics industry in 1978 with Intermodal Transport and Trading Systems Private Limited, he subsequently moved to Forbes Gokak. At 25, he established his first business venture, Trans India Freight Services Pvt. Ltd.[4]
In 1994, Shetty started Allcargo Logistics Limited which commenced operations in 1994.[5]
Experienced in the logistics sector, Shetty guided Allcargo's entry into verticals that included Container Freight Stations in 2003, contract logistics in 2016, and logistics parks in 2018.[6] In 2005, he steered the acquisition of global non-vessel operating common carrier ECU-Line (now ECU Worldwide).[7][8] Several other mergers and acquisitions Shetty steered over the past decade which includes Gati Limited in 2020[9] and Nordicon in 2021.[10]
Shetty is the chairman of the Board of Governance of IIM Mumbai (after NITIE became IIM Mumbai).[11][12][13]
Personal life
Shetty is married to Arathi Shetty, who spearheads Allcargo's CSR arm, Avashya Foundation. He has one son, Vaishnav Shetty, and one daughter, Shloka Shetty.[14]
Awards
- Appointed as Commander of the Order of Leopold II by King Philippe of Belgium in 2015.[15]
- Received an Honorary Doctorate from the Mangalore University in 2015.[16][17][18]
- Lifetime Contribution to Freight Award at The Global Freight Awards 2015, Lloyd's Loading List-Informa, London.[19][20]
- In 2023, he was conferred the Rajyotsava award, the second highest civilian honor of Karnataka state.[21]
- On account of his achievements in business, Shetty was conferred the D.Sc. Honoris Causa (Honorary Doctorate) by NITTE, Mangalore in November 2023.[22]
- In 2023, he received the BT Best CEO Award in the Transport & Logistics category.[23]
References
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