BMT Group launches its new division in India

By Staff
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Google Oneindia News

Mumbai, June 14 (UNI) BMT Group Ltd, Singapore based global leader in maritime consulting today announced the official opening of its Indian operation, to cater to India's fast growing market.

Addressing a press conference here, the managing director of BMT's new subsidiary Mr Suren Vakil said that BMT, which has its presence in India through an arrangment since 2006, will now have its own subsidiary 'BMT Consultants India Private Limited.' To begin with, BMT India will commence operations from two locations, -- Mumbai and Ahmedabad. BMT will provide specialised consulting services to the multi-model transportation and logistics industry in support of both existing and new infrastructure, Mr Vakil said.

BMT, which has been enjoying a good volume of customer base for its consultancy services across India, would also like to focus on educational activities, he said and added that, ''We are in talks with few maritime institutions and shipping companies on the education as well as awareness initiatives.'' However, he did not elaborate on the numbers or the progress of the talks.

BMT has worked with major players in the marine and logistics sector in India, such as DP World, Adani, Shell, Shapoorji Pallonji, All Cargo as well as investors such as SBI, IDFC, IL&FS and Eredence Capital.

BMT India would offer a range of services including financial analysis, helping customers including banks and financial institutions set the right strategy for long term investment.

Speaking on the occasion, David Wignall, Head of BMTs ports and logistics division has said that India's market share in Martime would be 13-14 per cent in the next few years and the total investment in the infrastructure estimated around USD 15 billion offers ample opportunities for companies like BMT.

UNI

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