BVC Logistics, the market leader in secure logistics of precious cargo for the past 60 years, has expanded its Fulfillment Centre business with the launch of a state-of-the-art service unit within SEEPZ-SEZ in Mumbai.
BVC Service Unit offers trade vaulting and related logistics services for overseas bullion suppliers who supply gold and silver to the jewellery manufacturing units at SEEPZ-SEZ. With this unit, the trade will be able to procure gold and silver for their manufacturing operations in smaller quantities with a shorter transaction time and reduced logistics costs.
The Service Unit was inaugurated by Shyam Jagannathan IAS - Zonal Development Commissioner, SEZs – Maharashtra, Goa, Diu & Daman. The Guests of Honour for the event were CPS Chauhan - Joint Development Commissioner, SEEPZ-SEZ, Pravin Chandra - Joint Development Commissioner, SEEPZ-SEZ, Rajeev Pandya - President, SEEPZ-SEZ Gems & Jewellery Manufacturers Association, and Sabyasachi Ray - Executive Director, Gems & Jewellery Export Promotion Council.
The Zonal DC spoke at length about the Prime Minister’s mandate of achieving an export turnover of US$ 400bn. Trade attendees included Mehul Shah – Vice President, Bharat Diamond Bourse, Tapan Shah, Kotak Bank, Shafi Aziz, Union Bank of India, Surendra Kalve, MMTC Ltd., Kumar Gaurav, of Jewellery Infomedia, and a host of other SEEPZ jewellery unit representatives.
In his opening remarks, Bhavik Chinai, Group CEO, BVC Logistics, said, “The BVC Service Unit allows suppliers of bullion to store and supply small quantities within a few hours at an economical cost. All the over 150 jewellery units at SEEPZ-SEZ will start benefiting from BVC’s facility. This investment reinforces our focus on making shipping the competitive advantage to our esteemed customers.”
Uday Chinai proposed the vote of thanks. Thereafter, the action moved to the BVC Service Unit, where the Zonal Development Commissioner inaugurated the facility by cutting a ribbon. A ceremonial lamp was lit by the Chief Guest and the Guests of Honour. The event ended with a tour of the facility.