Message from Our Chairman & Managing Director
First and foremost, I would like to thank all shareholders for being a part of the extended Tiger Logistics family. My thanks also goes to our esteemed clients, vendors, agents, suppliers, bankers, associates and employees for their committed and continued support towards the growth of the company.
Tiger Logistics (India) Limited is one of the leading logistics service providers in India. We understand that the world is changing all around us. To continue to thrive as a business leader we must look ahead, understand the trends and forces that will shape our business in the future and move swiftly to gear ourselves. Hence, we continuously develop new logistics solutions by mixing skills with extensive consumer insights, relentless innovation and safe logistics. With this approach we have been immensely successful in surpassing our clients` expectations. We are passionate about error- free, cost effective, efficient and timely logistics services.
The Indian logistics sector faced significant challenges in the recent years. After the new investment policies adopted by the government of India, the industrial sector is expected to grow in the future and it indicates that logistics industry will move up with the growth rate of approximately 8-10% over the next 3 to 5 years. Tiger logistics has set up its targets and keeps aggressive intentions to achieve them.
Despite a challenging environment, we have delivered broad-based growth and margin improvements by stepping up innovations in our work and driving cost savings and operational efficiencies with greater rigour. As a result, we have been able to achieve a yearly growth rate of 25-30%.
One of our goals is to promote sustainable living. We are developing new ways of doing business with the aim of reducing our environmental footprint and increasing our positive social impact. When it comes to fulfilling responsibilities towards communities and the society at large, Tiger Logistics is totally focused on executing its Corporate Social Responsibility (CSR). We have joined hands with the NGO Parvaah and are continuously working at the grassroots level of the society to empower the underprivileged.
Our eyes are clearly set on the future and I see our Company playing an even greater role in India’s path of dynamic development. The task ahead of us is to increase the competitiveness of Tiger Logistics in the market and achieve industry-leading growth and margins.
To conclude, I express my sincere gratitude to the Government of India, especially the Shipping & Transport Ministry for its unceasing support throughout the years.
Best of Luck!
Harpreet Singh Malhotra
Tiger Logistics (India) Limited