SPOTON - A Name To Reckon With In Express Logistics

Spoton, an ex-press services logistics provider, began its journey in early 2012.

- Sarada Vishnubhatla

Since then, modifying upon their inherited legacy from TNT India, Spoton has surged ahead in redefining the services by adopting many a futuristic and strong step. With the help of India Equity Partners, a private equity firm, in 2012 and by investment from Samara Capital in 2018, Spoton prides itself on being an accurate and a consistent service delivery company.

Mr. Abhik Mitra, MD, Spoton Logistics, shares: “We started this company with a turnover of about Rs. 180 crores and over the last three years, we have been growing at more than 25 per cent year-on-year. In 2018-19, we grew at 29 per cent over the previous year. By this financial year end, we will cross Rs. 650 crores. We believe that we can grow at even more than 25 per cent year on year for the next four to five years, which will be far higher compared to the industry growth rate because industry is growing at about 14-15 per cent after GST implementation.”

Multiple Sectors - Far-Reaching Network

Spoton Logistics boasts of a pan-India network covering more than 230 locations and over 20,000 pin codes. With 13 major depots and 29 transit hubs, Spoton offers services to a wide range of sectors, namely, automotive, engineering, pharmaceutical, electronics and electrical segments besides lifestyle and retail.

Mr. Mitra says: “For us, the automotive vertical is about 10 per cent of our total revenue. It is so because some of our other verticals have grown faster. In automotive, we deal mainly with spare parts and the aftermarket. We typically will take spare parts and ferry them to the distributor of a company. Some are from component manufacturers to major OEMs too. That will be about four or five per cent of our total operation.” Yet Mr. Mitra feels there is much more that can be done in these sectors.