Logistics, key contributor to Indian economy – Mahesh A Mulani, KPFFPL

The Indian economy is today on the threshold of a new beginning, thanks to a burgeoning demand from its 1.2 billion people. The global economic downturn has had a minimal impact on the Indian economy, which is now expected to expand between 7-8%, a commendable statistic when its peers are experiencing severe problems in reviving their respective economies and get back to growth path. Logistics is the life line of any growing economy and today India has become the prime destination for logistics service providers all over the world. India is also experiencing a big retail boom with buying capacity increasing.

Poor infrastructure directly translates to lower turnover, higher operating costs and reduces efficiency. There are other problems such as complex regulatory compliance, limited implementation and utilisation of technology, which has resulted in increased paperwork and inability to communicate effectively with the customers. In spite of dismal infrastructural scenario, the hopes of the logistics sector are kept up by the various upcoming infrastructural projects such as logistics parks and hubs and other initiatives by public and private sector.
The future of the logistics sector depends not only on the continued development of infrastructure but also on the capability of the service providers in adapting themselves and making optimal utilisation of technology.
Growth drivers  
The demand for FMCG and electronic products in the domestic market has been increasing at a rapid pace. Many multinational companies have shown growing interest in setting up world-class manufacturing units in India in a bid to cater to the domestic and the export market. The automotive industry is well on its way to being one of the world’s major automobile manufacturing hubs. Since the deregulation and opening up of the automotive industry, the industry has witnessed tremendous changes. As an outcome of the growth in the automotive industry, the automotive components industry has grown exponentially, with the country becoming home to many world-class auto component suppliers.
Many MNCs from the retail sector are also keen on setting up operations in India and large local retailers are planning to expand their operations. But it is seen that with the infrastructure largely under-developed and incapable of catering to a growing economy, logistics management in India has become too complex.
Future trends
Warehousing has become one of the major segments contributing to a rapidly growing Indian logistics industry. The growth in international trade and a rapid rise in containerisation levels have led to high demand for warehouses and a tremendous opportunity for the private sector. There has already been a significant benefit to the industry, in terms of market size, growth and infrastructural resources. Several investment options in the warehousing market have heightened the interest of players foraying into the market.
The demand for logistics services has been largely driven by the remarkable growth of the Indian economy. Logistics spend in India is estimated to be around 13% of the GDP, which is comparatively higher than other developed countries. The contribution of the marine transport sector has also been around 0.2% to the country’s GDP. The sector’s contribution to the GDP has been increasing because of the growing economic developments in the country.
The Indian logistics sector attracted huge investments, leaving behind some of the major sectors including aviation, metals and consumer durables. The growth in the retail and manufacturing industry, commodity markets and development of Special Economic Zones (SEZs) have been key factors in the growth of the Indian logistics industry.
The setting up of SEZs has led to increased logistics activities around them. Several logistics parks have come up at locations like Mumbai, Kolkata, Chennai and Hyderabad because of their excellent port, rail and road connectivity have witnessed significant investment in infrastructure. Most logistics players are in the process of setting up warehouses, container freight stations (CFS), logistics parks, distribution centres and other facilities to leverage the abundant opportunities and increase in foreign trade is touted to boost the demand for logistics services further.
The increased participation of both public and private sector is crucial for developing logistics and improving supply chain management. Not only do the logistics companies need to create efficient business to thrive in the logistics sector, they also need to explore ways for investing energy, cost and time to build a strong logistics system.

Khimji Poonja – specialists in CHA, freight forwarding

Khimji Poonja Freight Forwarders Pvt Ltd (KPFFPL) is a leading custom house agency (CHA) and freight forwarding solutions provider with operations in major trade locations across India. The parent company Khimji Poonja and Co. was established in 1922. With about a century of market experience and operational expertise, KPFFPL is able to provide business critical solutions to clients in freight forwarding, warehousing, project handling and allied services.

KPFFPL is a licenced custom clearing agent with infrastructure at major ports with more than 350 highly skilled employees that bring in domain expertise, which enables the firm to hand-hold clients in order to navigate local market dynamics and ensure seamless, timely delivery. Internationally, KPFFPL has strategic associates around the world to service the international trade.
Founder
KPFFPL is founded by Khimji Poonja.
Location
The company is headquartered in Mumbai.
Line of business
 
Shipping, clearing, forwarding, warehousing and allied logistics are some of the verticals that KPFFPL cater to.
Team
 
Khimji Poonja has a dedicated and highly skilled workforce of more than 350 dedicated personnel to handle the challenge of time sensitive import and export shipments.
Clientele
Khimji Poonja’s esteemed clientele include leading corporates and conglomerates like Siemens Ltd, Godrej and Boyce Mfg CoLtd, Atlas Copco (I) Ltd, Larsen and Toubro Ltd, Carrier Aircon Ltd, Ingram Micro India Ltd, Reliance Industries, Colgate-Palmolive (India) Ltd, Sony India Pvt Ltd, LG Electronics India Pvt Ltd, Philips Electronics India Ltd, Tata Consultancy Services Ltd (TCS), ITC Group of Companies, Raymond Limited, JK Paper Limited, Ballarpur Industries Limited, Thyssenkrupp Electrical Steel India Pvt Ltd.
Market Status
 
KPFFPL is one of the leading CHA and Allied Services Provider in the country with a strong service network all over the globe.
Services portfolio
Khimji Poonja provides following services to its widespread clients base:
  • Shipping
  • IATA
  • Clearing and forwarding
  • Warehousing
  • Transportation
  • Logistics and insurance
Quality Standards
By offering a product or service that justifies the price a customer paid, a company is able to earn his client’s trust in a more meaningful way than with price discounts or value-added services. In the business of logistics, this means goodwill earned when goods are transported in a hassle-free manner, on time and without any damage. Of course, the value-added benefits of customer control and affordable pricing can do no harm. Bringing high value to customers through its offerings has been a seminal credo on which all activity has been centred at Khimji Poonja. From the very beginning, 90 years ago, quality was the one pivotal aspect of Khimji Poonja Group’s business that everything else was built around. To this day, the same doctrine runs through high-technology, full-spectrum, world-class services offered by the company.
From the point of view of prospective international clients, the quality standards at Khimji Poonja assure standards of ‘Total Quality’ and its multiple advantages. Ability and reliability are the fundamental features of Khimji Poonja’s quality policy, and this commitment enables the company to achieve high customer satisfaction and trust. Its consistently well-performing qualitative logistics solution provides timely and cost-effective results. In a bid to increase customer satisfaction, Khimji Poonja consistently builds on its core knowledge and expertise, especially in the multi-modal teams. With these efforts, the company is also able to create employee motivation. By continuously looking at ways to improve processes and services, the company is in a perennial quest for operational excellence. In short, Khimji Poonja’s passion for responsible corporate citizenry and drive for exponential value creation, makes it an attractive partner for all stakeholders, whether clients, society or investors.
Certifications
Khimji Poonja recently received an ISO Standard 9001:2008 certification by ISOQAR, one of the first independent certification bodies in the UK till November 22, 2013 for their Quality Management System.
Shareholding pattern
 
Entire share capital held privately among five directors.
Management
It is the family managed Group of Companies with a fine balance between personal and professional. The Board of Directors are Narayandas P Mulani – senior director and Dilip A Mulani, Mahesh A Mulani, Sunil M Mulani, Dushyant N Mulani are the other board members.
Each of the active board of director is qualified under Rule-9 of the CHALR1994, being the highest form of Certificate under the said Customs Act.
Turnover
 
KPFFPL has an annual throughput of more than Rs 2,000 crore and contribution to the exchequer of Rs 800 crore approximately.
Profitability  

Not disclosed

Khimji Poonja Freight Forwarders Pvt Ltd. affiliation with FFFAI

Khimji Poonja Freight Forwarders Pvt Ltd. is a member of the Federation of Freight Forwarders’ Associations in India (FFFAI). It is a national apex body that brings together Customs House Agents’ Associations and their members under one umbrella.

Khimji Poonja Freight Forwarders Pvt Ltd. affiliation with FFFAI

Khimji Poonja Freight Forwarders Pvt Ltd. affiliation with FFFAI

Khimji Poonja Freight Forwarders Pvt Ltd. affiliation with FIATA

Khimji Poonja Freight Forwarders Pvt Ltd. is a member of FIATA, a recognized international body representing the freight forwarding industry by many other governmental organizations, governmental authorities, and private international organizations in the field of transport.

Khimji Poonja Freight Forwarders Pvt Ltd. affiliation with FIATA

Khimji Poonja Freight Forwarders Pvt Ltd. affiliation with FIATA

Khimji Poonja Freight Forwarders Pvt Ltd. certified by ISOQAR

Khimji Poonja recently received an ISO Standard 9001:2008 certification by ISOQAR till November 22, 2013 for their Quality Management System. Khimji Poonja is a 75 years old company holding operational expertise with State-of-Art technology and providing global best practices since decades.

Khimji Poonja Freight Forwarders Pvt Ltd. certified by ISOQAR

Khimji Poonja Freight Forwarders Pvt Ltd. certified by ISOQAR