LEAP India has grown multi-fold to 2.1 million pallets and 1 lakh FLCs, emerged as leader in the country

LEAP India has grown multi-fold to 2.1 million pallets and 1 lakh FLCs, emerged as leader in the country

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Expanded client base to 450 spread across FMCG, Beverages, Auto, Pharma, E-Commerce and large logistic players 

Deployed Rs. 400 crore of equity and debt so far in to pallets and FLCs

Expecting current pallets deployed to grow to 4 million from and Foldable Large Containers (FLCs) to grow to 4 lakh 

Mumbai January 23, 2019: LEAP India, a leading supply chain management solutions firm has transformed the way goods are going to be delivered by FMCG, Beverages, Auto, E-commerce, large logistic players and Pharma companies in the country. LEAP India expects the demand for pallets on lease to go up to 4 million from 2.1 million deployed currently, while that of foldable large containers (FLCs) to touch four lakhs from one lakh now.

The company has added 300 large corporates as their clients in the last two years, as they have moved from 150 clients two years back to 450 clients as on today. There is also deep penetration and growth is experienced by the company from the existing clientele.

The company has surpassed its largest competitor and has emerged as leader in number of pallets and FLCs deployed in the country.

In India, the method of transferring auto components is still traditional and a truck full of goods requires 14 workers and 3 hours to load and off-load it. The Pallets and  FLCs reduces packaging cost, increases warehousing and transportation efficiencies, reduces damages, manpower requirements, Carbon Footprint and helps companies to achieve ISO certifications, capital efficiency and saves time to focus on their core activities.

The company has marquee investors like Mayfield and Sixthsense and Piramal.

Commenting on this development Mr. Sunu Mathew, MD LEAP India said “we are delighted to achieve leadership position in a span of five years of our existence. We have enough opportunity in these two products pallets and FLCs and we have recently added Forklifts to our offering and working on innovative products, which we will roll out during the current year.

We are geared up to grab this opportunity and we are very well funded company to take care of our expansion plants”

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