An interview with Praveen Somani, Director (Strategy & New Business Development), Inland World Logistics, about the company’s focus on the MSME sector and its growth plans.
Inland World Logistics, formerly, In company and core strength of the Inland Group. Founded in 1989 and headquartered in Kolkata, the company started operations with transportation of consignments in eastern and north-eastern region in India. Offering point-to-point services with carrying out the promise of 50% reduction in stock delivery time, the company grew manifold. Today, Inland World Logistics has over 350 locations, fleet of vehicles and a nationwide network and, in particular, has focused on the MSME sector to grow its business. The company reported a turnover of Rs 783 crore in 2014-15 and has been growing at 22-25% year on year. Excerpts from the interview:
What prompted your foray into the logistics sector?
Right from my college days, I felt an attraction for the transportation and logistics industry. That led to a study of how the industry operates, in the course of which I realised that it lacked a proper and organised approach to doing this business. After graduation I felt that the industry required a clear-headed approach that should not limit itself merely to logistics but take into account how it can help reduce costs for the Indian industry and thereby contribute to the GDP. Inland World Logistics (IWL) was therefore set up as a part of the Rs 2,200 crore (in turnover) Inland Group that comprises Inland Automate, Inland Power, Inland Courier, Bhartiyam Food & Beverages, etc.
What kind of services does the company provide to the MSME sector in India?
Diese Geschichte stammt aus der November 2016-Ausgabe von Industrial Products Finder.
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