MUMBAI: VELJI Dosabhai & Sons Pvt. Ltd (VDSPL), one of the Country's leading logistics solutions providers, has been granted the coveted Authorised Economic Operator (AEO) certification by Customs. This is another feather in the cap for the company, which under the able leadership of Mr Natvarlal Devchand, Chairman and Managing Director of VDSPL, has carved a niche for itself as a provider of a wide range of export-import related services.
Established in 1925, Velji Dosabhai has grown exponentially over the years and is today known as a provider of high quality, customised services to an enviable client list. It is also a winner of many awards for service excellence. VDSPL currently boasts of 4 generations of management and, under the astute leadership of his father, as the Director and second-in-command, Mr Prashant Popat adroitly manages the family business by utilising the right kind of technology and automating and implementing the best practices within the organisation. He continues to bring in new ideas and technological expertise.
The company has a branch network spanning 18 locations in India and 4 International offices under the banner Velji Global Logistics (VGL) — Southampton (UK), Mombasa (Kenya), Dar-E-Salaam (Tanzania) and Melbourne (Australia).
Besides, it has strong international alliances throughout the world with agency network of over 5,250 agents in 190 countries and 745 Cities and Ports.
VDSPL has its own transport unit under the banner Trishul Transport Co. Pvt. Ltd (TTCPL), having a fleet of 180 trailers and collectively employing over 700 people within the Group.
The company has the latest technologies deployed to ensure the timely flow of information to customers, thereby ensuring customer satisfaction. This is true to its motto, “Where service is a way of life”.
With this positive and never say die attitude, VDSPL believes it has more milestones to cross, more distance to travel. The journey began 92 years ago from working under a tree office, to the 16,312 sq. ft office in Mumbai where the company is headquartered, to being granted the coveted Authorised Economic Operator certification by Customs. The Journey continues...
Commenting on the AEO certification, Mr Prashant Popat stressed that it will facilitate the company to further enhance and seamlessly execute its services for the benefit of its clients. He thanked the Customs Department for this recognition.
About the AEO programme
In 2005, the World Customs Organization (WCO), comprising 178 Customs administrations, adopted the SAFE Framework of Standards to secure and facilitate global trade.
This included the concept of an AEO whereby a party engaged in the international movement of goods is approved by Customs as compliant with the supply chain security standards, and given benefits such as simplified Customs procedures and reduced Customs intervention. The AEO concept is being increasingly adopted by various Customs administrations with the objective of securing the supply chain, with resultant benefits for the trading community.
Consistent with the SAFE Framework developed by the WCO, the Indian Customs administration has developed an AEO programme that encompasses various players in the international supply chain such as custodians, importers, exporters, warehouse owners, Custom House Agents, cargo forwarders and carriers. The objective of the AEO programme is to provide businesses with an internationally recognised quality mark which will indicate their secure role in the international supply chain and that their Customs procedures are efficient and compliant.