Logistics Company Managed to Grow by Over 15%

By 121 News

New Delhi, June 27, 2022:- Global logistics service provider cargo-partner has announced its plan to expand to 10 more Indian cities in the next two-three years. After this expansion cargo-partner will be present in over 24 cities and all major states of India.

The company aims to have a pan-India presence by the end of FY 25 and to lead the National logistics market in India and their steady expansion is fuelled by the same.

Rajiv Singh, Regional Director (Indo-Asean), cargo-partner said that cargo-partner will be creating numerous job opportunities and onboard 500 employees in these cities, during FY2022-25. They will be serving B2B enterprises operating in the Automotive & Spare Parts, Fashion & Lifestyle, Foodstuffs & Perishables, and Pharmaceuticals & Healthcare. The increase in demand from tier 2&3 cities has also led to this expansion in services by cargo- partner.

With the e-commerce market growing at a very fast pace, the company is planning to expand in the area of warehousing to meet the demand of domestic consumers. Over the past several years, cargo-partner has made significant investments in enhancing its e-commerce and warehousing capabilities. In 2021 alone, the company has grown its global warehouse space from 260,000 m² to more than 280,000 m² with new warehouse capacities in Germany, Croatia, Slovenia, China, and Thailand, among other countries. The company provides long- standing expertise in e-commerce and comprehensive fulfillment services at its over 40 warehouse locations throughout Europe, Asia, and the USA.

The company is also eyeing further growth in the pharmaceutical space and believes that India is one of the largest manufacturers of medicines and there are ample opportunities for big firms to come up with more innovations in this area. In 2020, cargo-partner opened its GDP-compliant competence center for Pharmaceuticals & Healthcare in Mumbai, in addition to its "Pharma Competence Centres" in Vienna and Hamburg. This enables cargo-partner in India to offer its customers GDP-compliant services in warehousing, national and regional trucking as well as international air and sea freight.

Headquartered in Austria, cargo-partner has a global network with more than 140 offices in over 40 countries. cargo-partner has its network in Western, Eastern, and Central Europe, North East Asia, South East Asia, Oceania, the Indian Subcontinent, as well as North and South America.

Currently, they are operational in 14 Indian offices with a presence in all major cities such as Delhi, Mumbai, Bangalore, Hyderabad, Kolkata, and Ahmedabad. Adopting an integrated and holistic approach to its expansion goals, cargo-partner is also optimistic about creating a true impact across the entire supply chain.