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Shree Maruti Courier Aiming Yearly Rs. 300 Crore Business from Its Logistics Vertical in Next Five Years

Shree Maruti Courier Aiming Yearly Rs. 300 Crore Business from Its Logistics Vertical in Next Five Years

Business, Press Release
The company will invest around Rs. 50 crores to set up new warehouses and strengthen the existing network Highlights Shree Maruti Courier  started the logistic (Surface Cargo) Vertical  during the year 2019, and within the first two years,  the company had achieved significant growth, though the situation was critical Shree Maruti Courier's major share of the total turnover comes from the domestic courier product Looking at the current market scenario, the company management aims to increase the share of its  Logistic (Surface Cargo) in its own sales Currently logistics vertical contributes only 15% to Shree Maruti Couriers' annual turnover, which the company aimed to take to 45% in the next five years The company has 126 warehouses across the country and planning to add more th...