Logistics

• As on date, the company has a fleet of more than 60 trucks and an association with more than 1,000 trucks through third parties
• Customers belong to cement, paper, textiles, fertilisers, etc. industries. India spends around 14.4%of its GDP on logistics and transportation as compared to less than 8% spent by the other developing countries
• The industry comprises the following main segments:
• Freight and passenger transportation via road, rail, air and water
• Warehousing and cold storage
• A leading industry report estimates that in India road freight constitutes around 63% of the total freight movement consisting of 2.2 million heavy duty trucks and 0.6 million light duty trucks covering more than 18,00,000 kms of road length carrying more than 3000MT of load annually
• The domestic freight transportation services industry is largely dominated by roads. However, this segment is highly fragmented with a large number of small, and few large & organised players. This provides consumers with a high bargaining power and intensifies competition among the players
• The industry broadly comprises transport operators, intermediaries, brokers & consignors or end-users

Latest Sales Figures