November 29, 2019

BVC Logistics Launches Vision 2022 To Become IPO Ready in 30 Months

Mumbai, November 2019:
BVC Logistics, India’s largest secure logistics company started its 60th year and unveiled its “Vision 2022” today. The new vision is to ‘Make Shipping The Competitive Advantage of 30,000 Businesses by March 2022.’

Today, logistics is a cost centre for every business and BVC aims to transform this and make shipping a competitive advantage where simply by using BVC to ship, businesses can make their customers experience a beautiful buying experience. 

To achieve this vision, BVC has set aggressive service targets like achieving delivery within 24 hours anywhere in India and deep use of technology. BVC is also expanding its geographical coverage from 10,000 pin codes to over 20,000 pin codes, making hundreds of bullet-proof vehicles, recruiting over 1000 BVCites, all over the coming 30 months.

Over the years, BVC has grown exponentially, expanding their offices, team, solutions and customers, working with over 16,000 businesses in the diamond and jewellery mine to market value chain consisting of miners, manufacturers, wholesalers, retailers and e-tailers. With secure logistics coverage in over 130 countries, BVC has been a deep industry partner for 60 years. Among its USP, is its fully insured exhibition solution for private and public exhibitions. BVC is the proud Official Logistics Partner of over 100 Indian exhibitions like the IIJS and Jewel Trendz and all major global exhibitions.

BVC aims to go beyond logistics to become a partner for jewellers to increase sales and reduce indirect costs. Through deeper collaboration with ecosystem partners like banks and packaging manufacturers, BVC aims to create a holistic solution for all diamond and jewellery merchant needs. As a market leader, BVC’s vision is now to deepen relationships and bring logistics solutions which exist only in developed nations to India.

On the occasion, Uday Chinai, Chairman shared “We’re delighted to launch our new Vision to make shipping the competitive advantage of businesses. BVC was the first organized logistics player in India in 1960 and 500% growth from the past 5 years prove the deepening relationship between BVC and every industry participant. We’re excited about this phase of growth.”

The Vision 2022 was launched during BVC Millionight, an annual internal event attended by over 500 BVC team members from across India.

About BVC Logistics:
Established in 1960, BVC Logistics is India’s largest secure logistics enterprise, managing the logistics of over 50% of India’s organized trade of diamond and jewellery. BVC works with over 16,000 businesses in the entire diamond and jewellery value chain, from miners, manufacturers and wholesalers, to retailers, e-tailers and consumers. 

With secure logistics coverage in over 10,000 pin codes of India and 130 countries, BVC has set global benchmarks in stakeholder satisfaction for 60 years. Led by industry veterans and a partner to the government in policy decisions, BVC has been appreciated through awards by every major industry body and association. BVC is on its journey to achieving its Vision 2022 which is To Make Shipping The Competitive Advantage for 30,000 Businesses by March 2022.

For further information please contact:
Anshu Ahuja
PR Manager, BVC Logistics