Shashi Kiran Shetty (born 7 June 1957) is the founder and chairman of Allcargo Group, which comprises companies Allcargo Logistics, ECU Worldwide, Gati Limited and others.

Early life and education

Shetty was born on 7 June 1957 in Bantwal, a small town in

Dakshina Kannada district Dakshina Kannada district is a Districts of Karnataka, district of Karnataka states and territories of India, state in India, with its headquarters in the coastal city of Mangalore. It is part of the larger Tulu Nadu region. The district covers a ...

Karnataka Karnataka (; ISO: , , also known as Karunāḍu) is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State , it was renamed ''Karnat ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. He pursued his bachelor's degree in commerce from Shri Venkatramana Swamy College. Later, in 1978 he moved to

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

for employment.

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. In 1994, Shetty started

Allcargo Logistics Limited Allcargo Logistics Limited is a Mumbai-based Indian logistics company. It is known to offer multi-modal integrated logistics and transportation services worldwide. History The company, founded by Shashi Kiran Shetty, commenced operations in ...

which commenced operations in 1994. Experienced in the logistics sector, Shetty guided Allcargo’s entry into verticals that include Container Freight Stations in 2003, contract logistics in 2016, and logistics parks in 2018. In 2005, he steered the acquisition of global non-vessel operating common carrier ECU-Line (now ECU Worldwide). Several other mergers and acquisitions Shetty steered over the past decade which includes Gati Limited in 2020 and Nordicon in 2021. Shetty has been appointed by the

Ministry of Education (India) The Ministry of Education ( MoE; formerly the Ministry of Human Resource Development from 1985 to 2020) is a ministry of the Government of India, responsible for the implementation of the National Policy on Education. The Ministry is further di ...

, as the Chairman of the Society and Board of Governors at National Institute of Industrial Engineering (NITIE),

, for a tenure of four years starting November 2020.

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.

Awards

* Appointed as Commander of the Order of Leopold II by

King Philippe of Belgium french: Philippe Léopold Louis Mariegerman: Philipp Leopold Ludwig Maria , house = Belgium , father = Albert II of Belgium , mother = Paola Ruffo di Calabria , birth_date = , birth_place = Belvédère Castle, Laeken, B ...

in 2015. * Received an Honorary Doctorate from the Mangalore University in 2015. * Lifetime Contribution to Freight Award at The Global Freight Awards 2015, Llyod's Loading List-

Informa Informa plc is a British publishing, business intelligence, and exhibitions group based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has offices in 43 countries and around 11,000 ...

, London.

References

{{DEFAULTSORT:Shetty, Shashi Kiran Businesspeople from Mumbai Indian billionaires Tulu people 1959 births Living people Mangaloreans Commanders of the Order of Leopold II