Parekh Integrated Services (Parekh) has recently announced its aggressive growth plans for the upcoming decade, leading up to its golden jubilee. The plans were announced as part of the ongoing grand celebrations marking the completion of the logistics and supply chain solutions provider’s 40 years in business.
These include ambitious plans to expand and further optimise its logistics operations with focus on key areas such as technology adoption, expansion of reach, and green supply chains, among others.
Parekh started as a logistics service provider in 1981, specialising in distribution of pharmaceutical products. The company eventually diversified its portfolio and established a strong presence across key locations with robust logistics support for a multitude of industries. From offering warehousing solutions to the recent foray into value-added services o kitting and assembly of medical devices under manufacturing license as per new MDR, the company’s growth over these years has been commendable.
Elaborating on the company’s journey and current expansion plans, Vikram Parekh, Chairman at Parekh Integrated Services said, “We are immensely delighted to have completed 40 years in an industry as dynamic and competitive as logistics industry. We are also grateful for the trust and support offered to us by our clients, which made it possible for us to achieve this milestone without aggressive investment in marketing and sales! Despite the industry going through several ups and downs during the last few years, our company has been able to consistently increase its customer base and deliver top-notch services with advanced tech adoption. Built firmly on structured networks, Parekh efficiently delivers customised solutions for its clients. Going forward, Parekh has set goals and targets to reach newer milestones by bringing together top talent and cutting-edge technology, so as to realise our vision to continue deliver excellence to our clients.”
Parekh offers 3PL solutions such as international freight forwarding, transportation, inventory management, storage and distribution, cold chain management, customs clearing and custom bonded warehouse services, and other value-added services. Principal companies have access to essential solutions pertinent to their business under one roof. Catering to key industries such as healthcare, chemicals and paints, and agriculture, Parekh has 310+ warehouses covering more than 2.5 million sq.ft area across the nation.
Parekh’s value added 3PL services include assembly and kitting, sorting, stuffing, tagging, labeling, packaging, bundling, strapping stretch wrapping services, etc. which has enabled the company to reduce delivery timelines of its clients to a significant extent.
As the company commemorates its 40 years of inception, it has carefully charted out goals for its next decade, which include expanding Parekh’s portfolio and reach, while also adopting technology and automation across the supply chain network to increase efficiency.
With a strong presence in over 70+ cities, the company now aims to expand its operations to hit the milestone of having 100 cities under its belt in the coming years to meet requirements of specific customer and excel in last mile deliveries. The company also plans to increase its state-of-the-art warehouses network across India. Parekh currently caters to 8,500 pin-codes of the 19,000 pin-codes across the country and aims to continue serving these with enhanced operational efficiency as well as a stronger employee base.
Implementing environment-friendly and sustainable solutions into warehousing and logistics is another focus point for Parekh.
Conforming to the highest quality standards, the company already stands strong on its core values such as customer-centric approach, operational excellence, timely decision-making, transparency and integrity.
To ensure a maximum sustainable approach and making ESG initiatives being a priority, Parekh is already leveraging Solar panels, Natural Daylight Solution, STP Units, LED Lights, Inverter ACs, ERV System, RI MHE Battery Charger, HVLS Jumbo Fans, IoT-based solution for central monitoring and control, paperless operations, water meters, energy meters, and E-vehicles, among other efforts, to assist businesses with sustainable, eco-friendly solutions.
The company has also employed the latest MIS and automation systems along with specialised ERP systems and interfaces to effectively cater to the last-mile delivery needs of its clients with improved visibility and transparency into the supply chain.