Mumbai, 23 October, 2025: Allcargo Group, Indian-born global logistics conglomerate, has appointed Mr. Punit Misra as President – Chairman Office & Chief Business Officer, Allcargo Group. In this crucial role, Mr. Misra will work closely with Mr. Shashi Kiran Shetty, Founder and Chairman, Allcargo Group to strengthen institution-building efforts and driving the long-term sustainability of businesses for the benefit of all stakeholders. This decision reflects the Group’s continued commitment to uphold the company’s vision, mission, and values. Mr. Misra will report to Mr. Shetty and will be based out of Mumbai.
Mr. Misra brings in three decades of accomplished leadership experience across the media, entertainment, and FMCG sectors. Before joining Allcargo Group, he held key leadership positions at Zee Entertainment Enterprises Ltd. (ZEEL) including CEO of India Broadcast Business, President of Content (Broadcast & Zee5 Digital), and President of International Business. Prior to that, he was with Hindustan Unilever Limited (HUL), where he worked across leadership roles in Brand and Category management, and served in HUL’s management committee as Executive Director & Vice President – Customer Development for India and South Asia.
Mr. Punit Misra, President – Chairman Office & Chief Business Officer, Allcargo Group said, “I am excited to join Allcargo Group and to work closely with Mr. Shetty as well as the leadership team. Being a global logistics leader rooted in India’s growth story, Allcargo Group is redefining the supply chain narrative with innovation, sustainability and impact-driven execution under the able leadership of Mr. Shetty. I look forward to leveraging my experience to contribute to the Group’s mission of sustainable growth, operational excellence and value creation. Together, we will build a resilient, future-ready Allcargo that continues to inspire trust and deliver for all stakeholders.”
Commenting on the appointment, Mr. Shashi Kiran Shetty, Founder and Chairman, Allcargo Group said, “We are delighted to welcome Punit to Allcargo Group. His vast experience in driving growth and shaping strategies across renowned conglomerates adds immense foresight and strategic depth to our leadership team. His experience will further elevate governance standards and enhance strategic focus, ensuring business continuity with a long-term outlook. Punit will work closely with me and our leadership team to deepen execution capabilities, unlock new opportunities, and create sustainable value for all stakeholders as we enter the next chapter of growth and institutional excellence.”
At Allcargo Group, Mr. Misra will also collaborate with the broader leadership team of the organization and oversee strategic goals, drive value creation, and provide a broader perspective to business decision-making under the able guidance of Mr Shetty.
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