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GATI LTD-A T THE THRESHOLD
OF A BIG LEAP
By- Krishna BagManisha Mishra
Manoj Agarwal
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COMPANY OVERVIEW
Gati started its operations as a door-to-door company , a division of Transport Corporation of India (TCI) in 1989.
Mahendra Agarwal-MD&CEO Gati Ltd wanted to rebuild.
Gati Ltd. Was incorporated on 25th April,1995 with its registered office at Secunderabad.
It is a leading domestic express cargo company with a distributionnetwork off ering multi-modal connectivity (road, rail, air and sea) and end-to-end logistics solutions.
The focus is on integrated logistics solutions. Gati's transport inf rastructure, IT systems, cutting ² edge technology solutions and anintensive knowledge of India allows it to tailor its products to meet every customers' unique needs.
Gati off ers a wide range of options and does not waver in its focus onquality, reliability and speed.
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With an annual turnover of Rs 12094 Million,
Gati today off ers an integrated Express
Distribution and customized Supply Chain
Solutions to customers across diverse industryverticals.
Gati's advantage of seamless connectivity across
air, road, ocean and rail has resulted in a
plethora of off erings to the customers, unmatched
in the industry. Gati operates a fleet of 4000vehicles on road, 3 marine vessels and over 3500
plus business partners across India.
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VISION
Be a globally pref erred provider of India-centric
Supply Chain Services and Solutions and a
leader in the A sia Pacific region.
Delight customers with quality service by setting new trends through innovation and technology.
Be the most pref erred organisation for all
stakeholders.
Be a responsible corporate citizenw
ith unwavering commitment to environmental
protection and conservation.
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CORE BUSINESS SEGMENTS
Logistic:- Gati provides customised solutions by
integrating all the four stages of business ³
procurement, production, distribution, af ter sales
service and reverse logistics. Shipping:- Shipping division ´GATIµ coast to
coast engaged in costal shipping as well as to
Y angon (Myanmar) & Andaman & Nicobar
Island.
Fuel Stations:- Operates 5 f uel. In the f uel
station segment, Gati traded in petroleum and
lubricants, supplying to several pumps in
K arnataka, AP, MP on behalf of Oil majors.
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AWARDS
First Logistics Company in India to be A warded ISO 9001 certification ISO 9001-2000 (A warded in 1998)
Frost and Sullivan A ward for the ´Best Domestic
Logistics Companyµ in 2003.
A ward for ´ Best HR Practicesµ in Service
Industry given by Amity International In 2005
´ Consumer Super Brandµ A ward in 2006 in"Logistics Category ´ given by Superbrands, UK.
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GATI LIMITED- A T THE THRESHOLD OF A
BIG LEAP
Gati aimed at achieving Six Sigma standards.
It proactively re-engineered its
warehousing/distribution inf rastructure.
It took the following initiatives: Mechatronic warehouses
Palletized cargo movement
Multi-axle vehicles
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COMPETITORS OF GATI LTD
Blue Dart
DTDC Couriers & Cargo Ltd.
CONCOR
EMS Speed Post
Semi-Organized Sector
Un-organized Sector
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EMERGING CHALLENGES
Space as a perishable item.
Direct competition f rom unorganized sector.
Freight forwarders operating lower profit
margin. Growing customer requirement and scaling up of
operation led to heavy investment.
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CURRENT ACTIVITIES OF GATI LTD
Gati Ltd has informed BSE regarding a Press Release dated March 01, 2011 titled "Gati becomes the first Surf ace Express Distribution Company to move shipments by road to Dhaka (SAARC countries)µ.
The company has registered a growth in its income f rom
operations amounting to Rs 2,251.60 million in the quarter ended December 2010 as compared to Rs 1,891.90 millionin the corresponding quarter last year. The company has recorded decrease in net profit to Rs 31.80 million in the quarter ended December 2010 f rom Rs 38.40 million in the quarter ended December 2009.
Setting up 10 cold storage plants across the country at an
investment of about Rs 200 crore in the next four years,according to executive director Harry Lagad.
Mahendra A garwal, Managing Director of GATI Ltd, said that the board has decided to rope in global strategicpartner by divesting up to 49% stake in the company.