Business

Strengthen Supply Chain for growth in Manufacturing Sector: Safexpress

Safexpress Pvt Ltd, Leaders in the Supply Chain and Logistics Industry sponsored the ‘3rd Annual Manufacturing Excellence Conference 2008’. The conference was held on 21 and 22 April 2008 at Renaissance Hotel, Mumbai, India.

The Manufacturing Conference identified Supply Chain Practices as one of the most crucial aspects for the growth of the Manufacturing sector. A need for a more organized and innovative Supply Chain system was felt for attaining faster and higher growth in the Manufacturing sector.

General Manager - Marketing, Safexpress, Mr. Vineet Kanaujia, while addressing the media at the conference, said “It’s a known industry fact that manufacturing sector has contributed heavily to India’s Economic Growth. However, the contribution from the manufacturing sector could have improved manifold had it been strengthened by a more organized Supply Chain. Scores of companies are setting up manufacturing units in India. Specialized Supply Chain players like us can give these manufacturers innovative Logistics services which can further help in the sector’s growth”.

The manufacturing sector has been averaging 9 % from 2004-08, with a record 12.3 % in 2006-07. The manufacturing revolution occurring in India has been spurred by the increasing presence of MNC’s, technological advancement in national companies and market expansion in general. India's manufacturing base is the fourth-largest among emerging economies and one of the fastest growing sectors. India is likely to become primary manufacturing base in near future.

The Annual Manufacturing Conference was attended by Industry veterans like Dr. Brian Tempest, Non Executive Director, Ranbaxy Laboratories; Bhupinder Singh, CEO, Vista Processed Foods; Shashi Sareen, Director, Export Inspection Council, India; Navneet Mehta, Director of Quality, Coca-cola; J. Sridharan President & Head, Corporate World Class Manufacturing, Aditya Birla Management Corporation, Aditya Birla Group and many more.

The Annual Manufacturing Excellence Conference provides the most distinguished manufacturing professionals from across South Asia a platform to brainstorm on various issues affecting the Manufacturing sector.


ABOUT SAFEXPRESS
Safexpress is India’s No. 1 Supply Chain and Logistics Company. The company offers the best and most innovative solutions for all SCM and Logistics requirements. Their services are totally customized as per the demand of different sub-segments of the healthcare industry. Courtesy their wide range of quality services, Safexpress has set a benchmark in SCM standards and redefined the functioning of Indian Logistics Industry. Growing at a phenomenal rate of over 30 % in the last couple of years, Safexpress achieved an annual turnover of Rs. 500 crores in the FY 2006-07. The company is targeting revenue of Rs. 1000 crores by the year 2010.