Stellar aspires to become the fastest Rs 1000 crore topline logistics firm

3PL firm Stellar Value Chain, spearheaded by Anshuman Singh (former top executive of Future Supply Chain), has set the target of becoming the fastest logistics firm in the country to touch Rs 1,000 crore topline level. Speaking to news agency Moneycontrol recently, Singh said that the company is likely to touch revenue level of Rs 1000 crore by FY21. The company was formed in 2016 and at the end of the current fiscal, it is expecting to clock Rs 700 crore revenue.

Having made some significant acquisitions since its formation  (Innovative Logistics, Kelvin Cold Chain and recently Patel Roadways), the company is aiming to create a staggering 50 million square ft of modern warehousing space across 21 cities in association with industrial real estate developers. This would be supported by a fleet size of over 50,000 vehicles. The company is particularly aligned with the logistics requirements of leading firms in e-commerce, FMCG, auto, pharma, consumer retail, etc.

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