Genex CEO's Interview in EXIM - India Newsletter on Warehousing & supply chain
6 New Delhi, Wednesday, May 28, 2014newsletterEXIMINDIA
Warehousing and Supply ChainWarehousing and Supply Chain
Central Railside Warehouse Company (CRWC), as a
part of diversiﬁcation activities, has planned to develop
Logistics Parks and pan-India Cold-chain storage facilities in
addition to business expansion into Railside Warehousing.
CRWC recently held a Business Consultative Group
meeting at Chanakyapuri, New Delhi with the aim to mo-
bilize activities in different verticals of trade, consequently
uniting efforts to streamline growth of Indian Logistics
sector and to explain the expanding role of CRWC. The
interactive session was attended by Logistics, Finance
and Technology companies besides consultants.
Mr. Vinod Asthana, Managing Director, CRWC
delivered his views on the contemporary issues on
development of logistics infrastructure and how CRWC
is working to overcome the challenges of the logistics
sector thus contributing to reduce cost. Setting the tone
for the meeting Mr. Asthana briefed the gathering about
the purpose of the initiative and how CRWC as a PSU can
help in formulation of strategies to bridge the gap between
different players in market and start looking at the bigger
picture of more consolidated approach in logistics.
Mr. ML Nagpal, GM (Movement) – FCI, appreciated
efforts of CRWC and discussed about opportunities for
ongoing projects in North-East India.
On request of Mr Yogesh Srivastava representing
CRWC holds Business Consultative
Group meeting at New Delhi
PHD Chambers Mr. Asthana explained how in turn the
end beneﬁt gets transferred to the SME’s and customers
Mr. Vinod Chaudhary- Retired President of Freight
Forwarders Association and Mr. Sohail Kazani suggested
that organisations like CRWC take up policy issues and
have more such rounds of discussion of the Group to
identify the business potential.
peaking to ‘EXIM India’ about the constantly
changing warehousing industry in India,
Mansingh Jaswal, Director, Genex LogiSolu-
tions, said, “Warehousing is evolving in India. There has
been a visible transformation of ‘Godown’ into ‘Ware-
houses’ in last few years; though, the primitive school
of thought still live with ‘Godowns’.
The physical aspects of Godowns have either trans-
formed or in the process of transforming into warehouses.
Once co-located to the production points as extension
to productions; the warehouses, geographically, have
moved near the points of consumptions and this shows
transformation of supply chain with the evolution of busi-
Warehousing is not only about dispatching of mer-
chandise, though it is about understanding the specific
industry dynamics and then aligning warehousing to
industry requirements. It’s about complementing the
business models of firms or at times helps firms re-define
According to Mr Jaswal there has been a substantial
impact of taxation currently in geographical placement
warehouses in India and with the rollout of GST, the
structure of the industry is going to change for good.
Corrections needed in the sector
In today’s competitive market place; time to market,
efficiency enhancement and cost reduction are instru-
mental in business successes. And, here warehousing as
a core element of supply chain plays an important role.
Supply Chain is not merely looked at from incremental
process improvement view any more but firms have
started looking at it from the perspective of re-defining
business models. Though, the old school of thought still
views Warehousing and Supply Chain with a lens of ‘cost
“Warehousing is evolving in India”
Mansingh Jaswal, Director,
the emerging school
of thought have moved
to “value creation”
perspective of supply
On market scenario
As the source of
raw material; produc-
tion and consumption
separated, and there
is a time lag between
source of production
a n d c o n s u m p t i o n .
Warehousing is required to support this time/dis-
tance lag and is required in all the sectors from
Automotive to Electronics, to Apparel, to Pharma, to
Chemicals, and to agri products.
What next on the plan list?
Genex Logistics have been able to put up full scale
warehousing footprints in more than 26 locations all over
India from Jammu in North to Chennai in South and from
Guwahati in East to Kandla in West. During the year
2014-15, we have planned to have our footprint in all the
remaining states of India. Genex Logistics has also cre-
ated a very effective distribution network to cater to the
last mile from the warehouses to the consumers.
Genex now has the distribution capability in the states
of Jammu & Kashmir, Himachal Pradesh, Punjab, Hary-
ana, Uttrakhand, Uttar Pradesh, Bihar, Jharkhand, Chhat-
tisgarh, Orissa, West Bengal, 7-Hill States (North East),
Madhya Pradesh, Rajasthan, Gujarat, Maharashtra, Goa,
Karnataka, Telangana, Seemandhra, and Tamilnadu.