Logistics

Mahindra to expand people logistics biz for SMEs

Our Bureau Hyderabad | Updated on November 14, 2017 Published on March 19, 2012

On course to Rs 1,300 cr revenues this year

Mahindra People Transport Solutions (MPTS), part of the diversified Mahindra Group, has outlined plans to expand its transport solutions business across the country targeting small and medium sized enterprises, offering people logistics solutions.

MPTS is a people transport solutions provider of the Mahindra group.

Mr Pirojshaw Sarkari, CEO Mahindra Logistics, of which MPTS is part, in a statement said, “Our people transport solutions business has been growing robustly and we look forward to greater participation and support from small business owners who partner with us.”

The Vice-President of MPTS, Mr Selvan Desaraj, told Business Line that its services have grown to 7,500 vehicles, 13,500 drivers across 11 cities. The services model has all through been asset light and builds on local entrepreneurship.

The company, which closed last fiscal with revenues of Rs 1,000 crore, is looking at Rs 1,300 crore business this year, he said.

There are some driver-entrepreneurs who have grown from a single vehicle to 40 vehicles. The best part is they also get the added advantage of Mahindra group companies such as Mahindra Finance, Mahindra First Choice and Mahindra Telematics.

“The company aims to not only operate successful people transport solutions for its customers but grow inclusively partnering owners,” he said.

MTPS was carved out to offer customised transport solutions to the IT, ITeS, BPO, financial service and manufacturing industries. MPTS transports more than 75,000 employees a day for its partners handling more than 20,000 trips and deploying over 6,000 vehicles.

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Published on March 19, 2012
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