Gold Logistics has established itself as a key player in the transportation and delivery of precious metals, particularly gold. Leveraging an extensive global network and cutting-edge technology, they offer safe and efficient transportation solutions for this highly valuable commodity. Every aspect of their logistics process is meticulously managed by a team of experts to ensure top-notch security and timely delivery. From vault to vault, Gold Logistics guarantees the safe handling and shipping of gold, earning them the trust of both individuals and large corporations alike. Their unwavering commitment to excellence and attention to detail sets the standard in the gold transportation industry.
CMS Info Systems: Expanding Horizons with Bullion Logistics and Debt Collection
Are you in search of a comprehensive solution to manage your cash, gold, and retail loan repayments? CMS Info Systems, a leading cash management services company, has just unveiled its latest business strategy aimed at diversifying into the bullion logistics and debt collection industries.
With over Rs 2,000 crore in revenue in fiscal 2023, CMS Info Systems has long been a dominant force in India’s cash management industry. Now, the company is ready to expand its services to meet the growing demand for efficient and transparent management of gold and retail loan repayments across the country.
CMS Info Systems has already piloted and incubated these new business lines and is preparing for their commercial launch. The bullion logistics pilot has been a resounding success, with partnerships secured with industry giants such as Hindustan Zinc, Muthoot FinCorp, Kalyan Jewelers, and MMTC Pamp. Additionally, CMS has collaborated with Malca Amit and AVA Global for the global storage and distribution of bullion. The company is also registered with the Multi Commodity Exchange (MCX) for bullion warehouse services, further establishing its reputation as a reliable and trusted partner in this sector.
In addition to bullion logistics, CMS Info Systems is venturing into debt collection services, aiming to capitalize on the retail credit boom in India. As the lending industry evolves and consumer behavior shifts, CMS sees an opportunity to introduce an integrated tech-to-field collection solution that could revolutionize the debt collection industry, much like their impact on the cash management industry in India.
The company has already partnered with 14 large banks, non-bank finance companies, and small finance banks to pilot this service, focusing on credit cards, two-wheeler finance, and rural vehicle finance segments. With a proven track record in cash management and a strong network of clients, CMS is poised to make a significant impact in this new venture.
Rajiv Kaul, Executive Vice Chairman and CEO of CMS Info Systems, reports that the company has experienced a 20% revenue growth since its listing on the stock exchanges two years ago. With strong market visibility and new business wins, CMS is confident in achieving the upper half of its revenue target range of Rs 2,500-2,700 crore in fiscal 2025.
The strategic expansion into bullion logistics and debt collection reflects CMS Info Systems’ commitment to diversifying its offerings and meeting the evolving needs of its clients.
