Great Companies: How did you get your idea or concept for the business?
Dr.Uttaam Siinghal: Concept is to be facilate/serve clients with a single window solution for all Logistics needs under one roof (irrespective of international or domestic logistics) & no need to hire/cooridnate with 3-4 differnt vendors for any import/export shipments. Logistcs Solution with ease of business by Indian Logistics Company.
Great Companies: What are the various services provided by Ustrans World Logistics Limited
Dr.Uttaam Siinghal: Sea freight/Air Freight/Road transportation /Barge movement/Turkey Projects/OOG cago/Project Logistic/International Logistics/Domestic Logistics/Break-Bulk movements/Bulk Movment/Vessel Chatering /Third Country Logistics/Cross Trade/Customize Logistics Solutions/Rail Transportaion/Clearing & Forwarding & other logistics related services.
Great Companies: What makes Ustrans World Logistics Limited different from hundreds of other similar service providers?
Dr.Uttaam Siinghal: We are one of the very few Logistics player , where we had in-house domestic as well as interntaional logistics with transpercy & visibilty globally & Our Niche/Forte is Break Bulk & Project Logistcs (Turnkey Projects) with customised solutions
Great Companies: What were the struggles and challenges you faced and how did you overcome them?
Dr.Uttaam Siinghal: There are numerous challenges ,where international players are ruled in Indian market with surplus of liquidity & credit facility to Indian companies, High interest rates, Huge investment (Capex),Technology upgradtaion & Existing International player Cartelisation. We had invested in Capex & reduce margins to minimal without comprising in quality & services to overcome the challenges but still market in a volatile conditions & surprised with new challenges to motivate us.
Great Companies: How do you plan to grow in the future? What does 5 years down the line look like for Ustrans World Logistics Limited?
Dr.Uttaam Siinghal: We are grow by adding clients & manpower with capital on parllel lines & increase technology interface day to day life which will further improve/update services quality time to time . We are collecting feedback with each & every customers on positive consideration & try to make a customised products/add onns for ease of working .In next 5 years we are looking to multifold growth & target to issue IPO.
Great Companies: If you had one piece of advice to someone just starting out, what would it be?
Dr.Uttaam Siinghal: Let Do it !! without any delay as everyone had its USP & space in market & if any support required , Personally ,I will be ready to mentor future entrepreneurs.