V -Trans plans to achieve ₹3,000 crore turnover by FY2026
Focus on expanding presence in the southern region of India including Andhra Pradesh and Telangana markets.
V-Trans (India) has announced its plan to reach a turnover of 3,000 crores in the next three years.
“This ambitious goal is in line with the company's focus on expanding its presence in the southern region of India including the Andhra Pradesh and Telangana markets leading to job creation opportunities with an increase of a total of 600 numbers,” it reads.
V-Trans is set to benefit from the government's infrastructure push, which is aimed at maximizing the logistics sector's potential in the south. This is expected to create job opportunities for the company in the upcoming 1-2 years.
Mahendra Shah, chairman, and group managing director of V-Trans (India) Ltd, said, "We are excited about the growth potential in the logistics sector, particularly in the southern region of India. Our investment in this region and our focus on building future warehouses and leveraging the growing manufacturing activities will help us achieve our ambitious growth targets."
Rajesh Shah, executive director, V-Trans (India) Ltd said, "As an Executive director for the group and region in charge for the south, we see a lot of potential in south India to contribute to the overall growth plans of our company. Being a process-driven and tech-enabled organization, which is culturally aligned to the Indian mindset, our strengthening of the network in South India shall enable us to achieve our desired Goal.”
The company has also recognized the growing importance of manufacturing space in India and is investing in building future warehouses and newer branches to cater to this demand. V-Trans sees a promising future for the logistics sector, which is fast becoming a centerpiece of India's policy. The new branches will be spread across major cities and towns in the South region, including Hyderabad, Bengaluru, and Coimbatore, among others. With this expansion, V-Trans aims to cater to the increasing demand for logistics and transport services in the region and provide better connectivity to its customers. V-Trans is enabled with best-in-the-business infrastructure and has a presence across the nation with more than 1000+ branches, 50+ Transshipments centers, and a fleet strength of over 2500 advanced trucks with a location tracking facility, which is integrated at the back end with the best-in-class ERP and provides end to end visibility of the cargo movement.
The recently passed National Logistics Policy is expected to streamline the industry further, and V-Trans is well-positioned to leverage this. The policy aims to reduce logistics costs and enhance the efficiency of the logistics sector.
“Our hub and spoke network of transshipment centers and branches are strategically designed and located to facilitate faster and smoother movement of goods across the region. This network helps in consolidating cargo and streamlining the transportation process, which will ultimately benefit the customers with reduced transit time and cost,” it also reads.