Scanwell Logistics gears up for growth across Sri Lanka Bangladesh, India, and UAE
Daily FT: Scanwell Logistics has said it is gearing up for a transformative year of growth and development, of their operations in Colombo, Bangladesh, India, and UAE, where the company is expanding its footprint, enhancing service quality, and minimising environmental impact to align with global sustainability goals.
Scanwell Sri Lanka and Bangladesh Executive Director Priyan Seilman highlighted the company›s strategic growth plans in Colombo, that includes upgrading technology infrastructure and enhancing logistical capabilities to manage larger volumes of goods more efficiently. Concurrently, Scanwell is fortifying its operations in Bangladesh by investing in advanced technologies and comprehensive training programs, aimed at equipping employees with the latest skills and knowledge, enabling them to maintain high service standards.
Scanwell India and the UAE Executive Director Razmal Assen announced plans to expand in India with strategically located warehouses in Ahmedabad, Agra, and Pune. In the UAE, Scanwell will independently manage transhipment cargo from countries including Bangladesh, India, Vietnam, Sri Lanka, Indonesia, and GCC nations like Saudi Arabia and Qatar. Furthermore, the company has established new offices in Kenya and Mombasa, broadening its presence in the African region. Scanwell also aims to consolidate and expand its market presence in Colombo, Bangladesh, India, and the UAE through digital transformation, refining operations, and enhancing services to provide clients with unparalleled transparency and efficiency.
Scanwell’s efforts have garnered several prestigious awards. In Colombo, the company received the silver award from the National Chamber of Exports as a distinguished service provider and earned ethical trading certifications for 2022 and 2023, whilst in Bangladesh, they achieved GDP certification for their pharmaceutical logistics division. Additionally, Scanwell Logistics India and UAE have reached notable milestones, with Scanwell UAE quickly establishing itself as a trusted logistics partner.
OSL take:
Sri Lanka’s maritime industry, especially the ports, shipping and logistics sectors, is on a growth path with the country’s target of becoming a hub in the South Asian region. The country’s strategic positioning in the Indian Ocean and the many trade agreements as well as trade concessions enjoyed by Sri Lanka with other countries have all given a boost to the maritime industry. While many Sri Lankan businesses are currently engaged in expansion programmes, in-line with the growth of the country’s private sector, businesses engaged in Sri Lanka’s maritime industry have also expanded operations within the region. Scanwell’s expansion in the region is testament of the growth of Sri Lanka’s logistics sector. Local authorities have also taken many steps to further strengthen the sectors under the country’s maritime industry. With Sri Lanka’s growing trade ties with other countries and overall economic expansion, the growing business/investment opportunities in the maritime industry could be confidently explored by foreign businesses/investors.