We have cemented our position as the “Gateway to Multi-modal & Green Logistics
Solutions,” enhancing operational efficiency and reducing costs while maintaining our
commitment to sustainability.
To Our Esteemed Shareholders,
As Chairman of AVG Logistics Limited, it is my distinct privilege to present to you our
annual report for the fiscal year 2024. This year has been marked by significant progress,
robust financial performance, and strategic initiatives that have positioned AVG as a
leader in the logistics industry. Our journey has been one of resilience, innovation, and
unwavering commitment to sustainability.
Strategic Vision and Market Positition
At the core of our strategy is the commitment to transform AVG
Logistics into a multi-modal logistics powerhouse. We continue to enhance our ability
to seamlessly integrate road, rail, and air transport, providing comprehensive and
sustainable solutions for a diverse range of industries. Our efforts to solidify our
position as the “Gateway to Multimodal & Green Logistics Solutions” have not
only optimized our operations but also reduced costs and minimized our environmental
footprint.
Driving Strategic Growth
We have made significant strides in expanding our service offerings and operational
reach, supported by key partnerships and a focus on innovation. Initiatives such as the
launch of our Packers and Movers division and the establishment of new branches and rail
routes underscore our commitment to multimodal logistics and set new standards in the
industry. Our investments in advanced technologies and new infrastructure, including the
development of warehousing facilities and the recent land allotment in Odisha, are laying
the groundwork for sustained growth and agility in a dynamic market..
Governance and Risk Management
Effective governance and rigorous risk management are the pillars of our strategic
framework. Our Board of Directors is committed to upholding the highest standards of
corporate governance, ensuring transparency, accountability, and integrity in all our
operations. We have implemented comprehensive risk management practices to identify,
assess, and mitigate potential risks, safeguarding the interests of our shareholders and
stakeholders.
Sustainability and Corporate Responsibility
Sustainability is not just a buzzword at AVG Logistics; it is a core principle that
guides our operations. We have made significant strides in reducing our environmental
footprint through strategic initiatives such as shifting ~15% of our operations from road
to rail, significantly reducing carbon emissions. Our warehouses are equipped with
energy-efficient lighting and heating systems, and we have implemented comprehensive
recycling programs for packaging materials, significantly reducing waste.
Our commitment to sustainability extends beyond environmental stewardship. We actively
engage with our stakeholders, fostering a culture of sustainability through training
sessions and awareness campaigns. This holistic approach ensures that our growth is
aligned with environmental stewardship and industry best practices.
Looking Ahead
As we look to the future, we remain steadfast in our commitment to driving sustainable
growth, enhancing operational efficiency, and delivering exceptional to our shareholders.
Our strategic focus will continue to be on expanding our multimodal logistics
capabilities, leveraging advanced technologies, and fostering strategic partnerships.
We are poised to navigate the challenges and opportunities that lie ahead, guided by
our vision of becoming a leading provider of innovative and sustainable logistics
solutions. I am confident that with the continued support of our shareholders, the
dedication of our management team, and the commitment of our employees, AVG Logistics will
achieve new heights of success in the coming years.
Conclusion
I would like to extend my heartfelt gratitude to our shareholders, customers, partners,
and employees for their unwavering support and trust in AVG
Logistics. Together, we are building a sustainable, innovative, and resilient
organisation that is well-equipped to thrive in the dynamic logistics landscape.
Sincerely,
Mr. Pawan Kant
Chairman of the Board value