BVC Logistics to be IPO ready in 30 months

December 2, 2019: BVC Logistics aims to ‘Make Shipping The Competitive Advantage of 30,000 Businesses by March 2022’ in its new 'Vision 2022' as it plans to be IPO ready in 30 months.

BVC, which is its 60th year, has set service targets for achieving delivery within 24 hours anywhere in India, 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 in the next 30 months.

Uday Chinai, chairman, BVC Logistics said “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.”

BVC now works with over 16,000 businesses in the diamond and jewellery mine to market value chain consisting of miners, manufacturers, wholesalers, retailers and e-tailers. 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 become a partner for jewellers to increase sales and reduce indirect costs. By collaborating with banks and packaging manufacturers, BVC aims to create a solution for all diamond and jewellery merchant needs.

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