Richard Theknath, Chairman and Managing Director, Jet Freight Logistics Ltd, talks to India Infoline
Please tell us about your Company and its products and services
My father, Mr. Francis Theknath, started this company way back in 1986, focussing on Air Freight and perishable products. I and My brother Mr Dax Theknath took over the Company with the vision to be a front-runner in the logistics space. We now specialize in services ranging from perishable, time-sensitive, general cargo, hazardous cargo, and ODC consignments, including value-added services like customs clearance and warehousing. We are offering a hybrid transport model via air, ocean, and surface transport, making sure of the committed deliverance and handling thousands of transactions in collaboration with airlines, shipping lines, transporter, and a robust agency network globally. We follow a long tradition of excellence in services that reflects a lasting commitment to putting our customer’s needs at the center of our strategic planning, providing a value proposition to our clients, and over time, a long and trusted relationship.
The Company has plans to expand operations in the U.S. market. Kindly elaborate on this.
I have taken a few business trips overseeing the tradelane opportunity between India and the U.S. aligning with the Government’s initiatives to increase exports. We have been planning to expand its operation in the U.S. market, considering the potential market opportunities. Jet Freight has moved significant trade volume with the U.S. and is planning to expand it multifold shortly. This expansion stint would align with the Company’s recently declared “Mission Excel,” a Business transformation initiative announcing 5-fold growth and will go a long way in empowering Jet Freight to achieve its targets smoothly. Jet Freight has formed an Executive Leadership Team combining senior force to expand and execute further growth plans successfully.
Tell us about your recent awards
Jet Freight has recently bagged several awards; Celebi has awarded us for “the highest perishable goods handling in the Delhi region.” Emirates Sky Cargo has awarded us “the 5th highest Cargo volume of the year”. Stat times award is the “Best international freight forwarder in the Indian Region” in Air Cargo India 2022. “Lifetime Achievement Award” received from Air Cargo Club of Bombay and “Best Finance Team of the Year” by the UBS Forum. It’s a proud moment for the team who contribute to every success we achieve.
Elaborate on the “Mission Excel” that the Company has launched.
Jet Freight iterated its commitment by launching “Mission Excel,” emphasizing its far-sighted approach and demands to bring visibility, technological advancement, and innovation in business transactions. The business transformation initiative is built upon the principles of product mix, promotion, process, and people. With their unique business initiative, Jet Freight aims to generate five-fold revenue in the upcoming years, where Technology and Automation will be the pivots of this strategy. The Company collaborates its decades of industry experience and innovative business methodologies to capitalize on the upcoming market opportunities.
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