Even before the onset of this pandemic, the global economy was confronting turbulence on account of disruptions in trade flows and attenuated growth. The situation has now been aggravated by the demand, supply, and liquidity shocks that COVID-19 has inflicted. Once the pandemic is controlled, the shape and speed of the recovery in the U.S. and China will be among the key factors that determine the nature and traction of global economic recovery. “It is our expectation at this time that the course of economic recovery in India will be smoother and faster than that of many other advanced countries,” comments Dr. Sharmila H. Amin – Chairperson and Member Board of Globe Forwarding Agencies Pvt. Ltd.
Indeed, UNCTAD while releasing its latest report ‘The COVID19 shock to Developing Countries’ has predicted that major economies that are least exposed to recession could be China and India. Among the most striking consequences of this pandemic have been the game changing impacts brought on our social behaviours, as well as on legacy networks and patterns of economic activity.
Speed, agility, and innovation are required in crafting responses to cope with this evolving new normal. “We are very alive to the fact that many of the analyses and recommendations made in this report may soon be overtaken by events, and we will endeavour to modify these in line with the evolving environment,” she further adds. Her opinion on the current industrial scenario of the Freight Management Industry clears up the fog around the capital expenditure of India.
Dr. Sharmila believes that the scenario for capital expenditure in this country looks robust, particularly in the next 5 years. With a stable government that is bullish on growth, especially infrastructure, we may witness a move ahead in terms of the stalled projects. Once these take off, the flow of capital goods for these projects will follow with a lag of 6 to 9 months due to the ongoing pandemic. “Thus, overall, I’m pretty hopeful about the potential of growth in the next 5 years”, said Sharmila.
The government’s push for the ‘Make in India’ initiative will further boost the manufacturing sector in India and consequently the Project Cargo business, as more and more companies will look to start or boost their manufacturing bases in India.
Logistics & Project Freight Forwarding Services
- Freight Forwarding Services for all Modes of Transportation (air/sea/road/rail)
- Door to Door Service inclusive Customs Clearance
- Sea Freight including Breakbulk, RoRo, Charter, FCL and LCL Traffic
- Warehouse Services – Packing/Unpacking/Material Control/Consolidation & Deconsolidation
- Project Logistics Services
- Transportation of Extra-large/Over dimensional/Heavy Lift Cargoes
- Heavy Lift Engineering
- HSSE and QM trained Operators
- Feasibility Studies, Route & PortSurveys
- Risk Management
- Transport Insurance
- IT Services – Tracking and Tracing/Reporting
An Agency Expert
Dr. Sharmila H. Amin was born and raised in a meritocratic family of professionals. She completed her college education in the field of Commerce and Economics at Bombay University and embarked on the professional journey that has brought her here today. Her initial professional break came after getting professional certifications in Shipping Management from the Indian Institute of Management, Ahmedabad, after which, she eventually went to get a PhD. in Operations Management later in her career.
She started handling large accounts at Airfreight Limited, one of the leading providers of logistics in the country and globally. Sharmila handled air freight, sea freight, packaged courier services as a partner of DHL, customs clearance, travel and tourism, oversized cargo handling, along with complex supply chain management and logistics for various companies and gained experience in all the departments at work.
These experiences taught her to overcome challenges promptly and continue to thrive in this cut-throat environment. In an industry that is predominantly male dominated, she had her commitment, passion, constant upgradation of industry trends, and dedication that rose her to this level. She is not only one of the most successful top executive businesswomen in the Indian logistics industry but also the only woman in the Projects Logistics business in India at this level. She also serves on the Boards of Listed Companies and one of them being India’s 1st Private Oil & Gas Co – HOEC (Hindustan Oil Exploration).
Leveraging Disruptive Technologies
It is Globe Forwarding’s aim to be the long-term partner of choice for project freight forwarding and shipping in the oil and gas, energy, and mining industries, by providing quality solutions tailored to specific client needs and delivering success. It is Globe Forwarding’s goal over the next 5 years to continue its global expansion strategy by focusing on the key growth regions of Africa, Asia, and the United States of America.
Each Globe Forwarding solution is tailored to specific client needs based around a core set of Globe Forwarding deliverables, namely safety, compliance, and environmental and social responsibility, all of which are delivered in accordance with the Globe Forwarding quality system. Cost effective services delivering clear business value whenever and wherever the client requires is Globe Forwarding’s goal and is consistent through all the services it provides.
Technological advances have made the logistics business easier to access and provided an opportunity for companies like Globe Forwarding to be more efficient and productive. By taking advantage of the new and existing technologies and trying to integrate them into its operations for increased efficiency and productivity, the company’s software division is using AI and Machine Learning to augment the efforts. The process is ongoing, and the benefits will accrue to the clients and customers.
“Our best advertisement is the quality and responsiveness of our services, along with my thirty years of executing some of the most complex logistics operation in the country serves the company well,” informs Dr. Sharmila. As the team continues to grow and tap into more opportunities, Globe Forwarding is at the table competing for every major job in the country. This and all the awards and accolade it received have spread its name to almost all the major clients in need of project logistics and supply chain management. Every new job handled is an addition to the capabilities of the organization. “We are able to integrate the lessons learnt and best practices into future projects. This model of incremental capability and efficiency enhancement has worked for us. We continue to fine tune it annually to stay ahead and ensure a successful name for Globe Forwarding Agency,” she concludes.
