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Sri City-based Siddhartha Logistics bags award for highest import duty contribution

Facilitates over Rs 96,133.29 crore in imports and generates Rs 13,294.51 crore in import duties

Naveen Kumar, General Manager, Siddhartha Logistics FTWZ Pvt Ltd receiving the award from the Chief Commissioner, Customs and Central Taxes
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Naveen Kumar, General Manager, Siddhartha Logistics FTWZ Pvt Ltd receiving the award from the Chief Commissioner, Customs and Central Taxes

Hyderabad: Sri City-based Siddhartha Logistics FTWZ Private Limited has received an appreciation certificate in the category of ‘Importer’ for their performance during the financial year 2022–23, from the Custom Preventive Commissionerate, Vijayawada, on the occasion of International Customs Day-2024.

The company facilitated over Rs 96,133.29 crore in imports and generated Rs 13,294.51 crore in import duties. This is the second consecutive year Siddhartha Logistics has received

this award.

“This award is a testament to our team’s dedication and commitment to excellence. We are proud to be recognised for our consistent performance and contribution to Sri City’s economic growth,” said Nishchal Padhya, Managing Director of Siddhartha Logistics.

Naveen Kumar, General Manager of the company received the award from the Chief Commissioner, Customs and Central Taxes at a ceremony held in Kakinada recently.

Dr Ravindra Sannareddy, Founder Managing Director of Sri City, congratulated the team and emphasised the importance of Siddhartha Logistics’ role in the region’s success.

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