Future Supply Chain Solutions Ltd. (FSC) is one of India's largest organized third-party logistics service operators. It offers automated and IT-enabled warehousing, distribution and other logistics solutions to a wide range of customers. Company's service offerings, warehousing infrastructure, pan-India distribution network, hub-and-spoke transportation model and automated technology systems support its competitive market position. FSC's customers operate in various sectors across India, including retail, fashion and apparel (23.6%), automotive and engineering (22.3%), food and beverage (15.3%), fast moving consumer goods (FMCG) (7.3%), e-commerce (6.7%), healthcare (6.1%), electronics and technology (6.0%), home and furniture (5.6%) and ATMs (4.3%). According to management, its business model enables it to act as a service provider that can comprehensively cover...