Page 20 - ITLN Jan-Feb 2023 for Magzter
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Special Report
               2022 Review



         reattempt and RTO instructions through
         API to reduce manual intervention,
         establishing a control tower to identify
         and neutralise the threat and process
         gap, establishing a special operation team
         to cater to enterprise customers and
         proactive work on pickup and EDD cases."
           Consumption and demand have been
         strong, especially in response to the rapid
         digitisation in the industry in recent years,
         says Uttam Digga, COO & Co-Founder,
         Porter. "Customer preferences have
         changed in recent years, and businesses
         have had to adapt accordingly. Two-
         wheeler pick up and drop services have
         become a mainstay in urban areas and
         have recorded a 3x growth. EVs have also
         become more accessible with there being
         increased adoption in the 2-wheeler and
         3-wheeler categories. Porter has 2,000
         EVs operating across five cities and this
         number will only increase."
           "We have witnessed an increase in
         enquiries about warehousing projects                                   Country Marketing Manager, Borzo
         this year," says Sneha Gurjar, Director,                               India. "We took a big step in unifying
         CEM Engineers, developers of large                                     our global brands under a single
         warehouses across India, especially                                    umbrella, Borzo. Our goal for 2022 was
         North India. "Development of built-to-                                 operational synchronicity globally as
         suit warehouses and large logistic parks                               well as integrating operations of other
         have become increasingly common since                                  acquired entities.
         the advent of domestic, multinational                                    "The rebranding of Borzo was a global
         companies and e-commerce companies."                                   campaign as a part of the group’s growth
           Rahul Mehra, Co-Founder, Roadcast                                    strategy. Before this, companies in our
         says 2022 was a key year because the                                   group were operating under different
         company raised funding, which was                                      names and we thought it was the right
         crucial for the next step of growth. “We                               time to streamline our operations,
         worked actively towards expansion                                      especially when the world is witnessing a
         because the goal was to scale up to        To deliver value,           surge in on-demand deliveries.
         venture into global markets like Vietnam,   command a premium,           "The re-branding exercise was
         Indonesia, Thailand, UAE, Saudi Arabia,   and reduce overheads,        conducted to integrate the company's
         Qatar and Oman. We are streamlining     the country must have          brand perception across all countries
         operations accordingly and hiring                                      under a single brand name to help
         talent to ensure that we ace in the     a well-spread network.         the company optimise its marketing
         new geographies. Now we are looking    There are very few such         resources and build a universally
         at investing in R&D and technology      companies for investors        recognizable global brand. Now, the
         innovation as well."                          to invest in.            company operates in India, Brazil,
           CABT Logistics invested nearly Rs 5         Sunil Nair               Indonesia, Malaysia, Mexico, the
         crore to build about 60 micro-fulfilment    Snowman Logistics          Philippines, Turkey and other countries
         centres across India in 2022, says                                     under the same brand name."
         Ratheesh D, Director CABT Logistics.   ventures with OEMs, we brought EVs on   "We’ve expanded our footprint in
         "This investment in micro-warehouses   board for our logistics operations.  Our   key geographies such as Mexico and
         comes in the wake of the e-commerce   aim is that 80 percent of our fleet will be   the Middle East, and we also deepened
         and q-commerce boom, especially in a   EVs by 2025. We have signed an MoU with   our presence in the United States
         post-crisis world. The idea is to bring   Mahindra and Mahindra for the purchase   and Indonesia," says Nishith Rastogi,
         automation to warehousing and help   of 500 three-wheeler EVs. We are also   Founder and CEO, Locus. 'We continued
         companies with route optimisation.  in conversation with other OEMs for a   to push the boundaries of innovation
           "The second crucial and major chunk   larger quantity of orders."    and introduced a unique offering to the
         of our investment was in the EV segment.   "The change actually began towards   market. We recently launched Delivery
         As a company and also through joint   the end of 2021," says Devesh Gangal,   Linked Checkout (DLC), a first-of-its-
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         January - February 2023                                                                         www.itln.in
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