Overview of the three FTWZ’s is as below:-
Arshiya’s first FTWZ in Mumbai, to be operational on schedule, starting May
23rd 2010.
We have received the port code for Arshiya’s Mumbai FTWZ from the
Ministry of Shipping. With this code all shipping companies can now use
Arshiya FTWZ as their destination.
Arshiya SCM has been successfully registered as a Unit Holder of Arshiya
FTWZ. With this Arshiya SCM can hold goods on behalf of its clients and
provide various ancillary services (warehouse management, labour, local
distribution etc.)
The development commissioner from the Government of India has approved
Arshiya for conducting activities such as blending, cutting & polishing from
inside of our FTWZ’s. This adds tremendous equitable value to our
integrated model & means significant savings especially for players in the
Wines & Spirits Industry. We are pursuing several leads in this space and
are in the process of signing agreements.
Construction update:oF Mumbai FTWZ:
Civil construction of the first three warehouses is almost
complete, which includes Civil & Infrastructure and other allied
service provisions.
Erection of PEB, Roofing and Mezzanine decking sheets are on
the final stages of completion.
HVAC System, DG Sets, IBMS and other allied
electromechanical systems have been delivered to the site.
Electrical installation is also as per schedule and nearing
completion.
Racking systems have been delivered and currently being
installed.
Pavement Quality Concrete is nearing completion in the
Container Yard.
All MHE’s are currently being delivered to the site
Delhi (Khurja) FTWZ:
Construction on schedule, to begin operations in Q2FY11.
Domestic Distripark construction on schedule to begin
operations in Q3FY11 .
Contracts have been executed with industry leaders such as
L&T for civil & infrastructure works, Tata Bluescope and Lloyds
have been awarded the contract for PEB structure.
Boundary wall construction is in progress for FTWZ, Rail
Siding and the Distripark area.
Mobilization activities are in progress at both FTWZ and Rail
ICD’s (RLICD) Project. Two batching plants have been installed
(one each at FTWZ and RLICD). Piling work is in progress at
both the locations. Other equipment/material procurement is
in progress.
Nagpur FTWZ:
Formal Approval for our Nagpur project has been granted by
the Ministry of Commerce. Notification process is in progress.
Construction on schedule, to begin operations in Q3 FY11.
Arshiya Rail Infrastructure added 9 rakes since operational inception in Feb,
2009.
It has further executed contracts with Indian Government Body, Container
Warehouse Corporation (CWC) for a strategic rail terminal in North India
and another in Gujarat in Western India. These rail terminals will serve as
critical consolidation hubs for return cargo for rakes that have secured
forward movement to these locations.
We have initiated movement for one of our key customers Mitsubishi (which
is a 4 rake per month deal) and successfully completed loadings for them.
Arshiya Rail Infrastructure: Financial Overview
Particulars
FY10 (Rs)
Total Revenue 46.79 Cr
EBITDA 11.96 Cr
PAT 12.47 Lacs
Arshiya SCM has seen its customer base double over the last year. At
present the customer portfolio includes leading brands across Retail,
Sanitary ware & Footwear industry.
It has executed contracts for handling additional verticals for its existing
clients (management of a Central Retail Warehouse and Transportation
Management).
These contracts were awarded to us based on our performance which also
makes us their preferred partner for all new business in the near future.
Arshiya Logistics has seen an impressive volumes increase.
Added 200+ new customers in the past year.
Arshiya Logistics has increased its reach into new verticals like customs
clearance and transportation management.
Arshiya Logistics (ALOG) has executed agreements with two strategic
NVOCC partners; Summit & Seamaster that would give us best-in-class
procurement rates and service delivery capability for Asia & US routes.
Project Logistics has been included in the exclusive vendor list of two major
Engineering, Procurement and Construction (EPC) clients.
Arshiya Technology in December 2009, has entered into an agreement with
aurionPro Solutions Ltd for the sale of marketing rights of its Supply Chain
product suite, along with all existing customers and hosting infrastructure
in an all cash deal. The Cyberlog product Suite is a completely web based
comprehensive and state-of-the-art solution for integrated logistics and
supply chain management with a global customer base in over 20 countries.
IT readiness for our Mumbai FTWZ is on track. Below is a brief synopsis:
o Build out of the Data Center building is completed. Installation of
servers and commissioning is ongoing.
o Installation of MUX including commissioning of voice & data links is
ongoing.
o WMS & CFS modules have been tested successfully and are ready for
go-live operations.
o Delivery of all IT equipments to the site is on-going.
ARSHIYA – AWARDS, RECOGNITION & OTHER UPDATES:
1. Arshiya successfully completed its pan India logistics convention called ELICIT
(Emerging Logistics in India Changing Infrastructure and Technology) 2009 in
partnership with Economic Times. This platform is aimed at creating a forum that
can effectively represent the logistics & supply chain industry.
2. We initiated a successful customer road show in US and key client prospects where
we are working on mining opportunities. Additionally, the Arshiya team also
established relations with leading trade bodies; AMCHAM & the US-India Business
Council (USIBC) in Washington DC. AMCHAM is also actively introducing Arshiya to
investment funds looking at India and we plan to have a joint road-show covering
the US. As part of the US-Road Show Arshiya team also got an opportunity to
address students at Wharton.
3. Arshiya’s Executive Management team has been strengthened with the appointment
of Mrs. Archana A Mittal as Joint Managing Director of Arshiya International Ltd,
from her capacity as Executive Director.
4. Arshiya’s Board has been strengthened with the addition of:
• Mr. Mukesh Kacker, former IAS, as an Independent Director,
• Mr. V. Shivkumar and Mr. Sandesh Chonkar as Executive Directors of the
company.
5. Arshiya added 2 new members into its Global Advisory Board
a. Mr. Flemming Jacobs - Former partner of AP Moller Maersk, with over 40
years of experience in the Shipping & Transportation industry. He currently
serves as Senior Advisor & Non-Executive Director on a variety of boards
b. Mr. Ashutosh Varshney - Professor of Political Science at Brown University,
he has served on the former UN's Millennium Task Force on Poverty &
Foreign Relations. He is a consultant to the World Bank, and has also been a
consultant to the United Nations Development
Program
6. In the last year, Arshiya was honoured with 4 prestigious awards for its contribution
to the logistics industry in India.
o Face of the Year - Express Logistics & Supply Chain Awards, India.
o Visionary of the Year - Supply Chain Asia Magazine, Singapore.
o Supply Chain Innovation - Supply Chain Asia Magazine, Singapore.
o Logistics Company of the Year – Maritime Gateway, India.
7. Arshiya embarked on an aggressive hiring strategy targeting 64 Management
Trainees from 23 top educational institutions across India in a campus recruitment
exercise. These Management Trainees will be part of a leadership development
program towards creating the right talent to scale Arshiya’s operations.
8. Arshiya was conferred with the “Employer of the Year” award by Indira Group of
Institutes, Pune for creating employment for the youth. And have received letter of
appreciation from IIM Bangalore, Calcutta, Lucknow and Kozhikode appreciating
our recruitment process and the posts that we offered to the candidates.
9. Arshiya is currently planning an aggressive communication campaign pan-India,
Singapore, Dubai & US, across leading news & financial dailies & magazines to
announce the launch of its first FTWZ in May. We plan to have the campaign run
over a 45 day period in India in conjunction with the launch. The intent of the
campaign is to establish the creation of new and emerging logistics infrastructure in
India and associate ourselves as the thought leader in logistics and supply chain
space.
