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Mr. Shashi Kiran Shetty is the Founder and Chairman of Allcargo Group, India’s largest homegrown logistics multinational with operations in 180 countries.
Over the past two decades, he has spearheaded Allcargo Group’s foray into new verticals and geographies, with over 18 successful strategic acquisitions in India and across the globe. The most significant of which was the acquisition of the world’s leading LCL consolidator, ECU Worldwide (then ECULine), and the acquisition of India’s premier express distribution companies – Gati.
Through his foresight and commitment to simplifying logistics, he has also steered the group towards future-ready digital transformation.
His focus on care that goes beyond business guides Allcargo Group towards its purpose of helping global supply chains, while caring for sustainability. Inspired by his commitment, Allcargo Group has taken a strategic approach to sustainability and aims to be carbon neutral by 2040.
Mr. Shetty serves as Chairman, Board of Governance, IIM Mumbai (formerly NITIE). With his vast industry experience, passion for learning, and belief in the potential of the youth, he pursues industry-academia partnerships that can power innovative disruption.
For his contribution to Belgian trade and industry, Mr. Shetty was awarded the Commander of the Order of Leopold II by King Philippe of Belgium.
He has also received an Honorary Doctorate from Mangalore University, has been recognized as Entrepreneur of the Year by E&Y, received the Lifetime Contribution to Freight Award at the Global Freight Awards by Llyod’s List, and been bestowed the Business Today Best CEO Award 2023, among numerous other national and international recognitions.
Most recently, in recognition of his humanitarian efforts Mr. Shetty received the prestigious Karnataka Rajyotsava Award 2023.
For his inspiring entrepreneurial journey and contribution to the betterment of society, Mr. Shetty was conferred an Honorary Doctorate, D. Sc. (Honoris Causa), by NITTE (Deemed University), in Mangalore, India.
Mr. Shetty has been an active participant in initiatives of the World Economic Forum, and those of important Indian industry associations like the Confederation of Indian Industry (CII) and ASSOCHAM.
A philanthropist at heart, he is closely involved in community development and social welfare activities through Avashya Foundation, Allcargo Group’s CSR arm.
Mr. Shetty is also an avid golfer and art aficionado.