Guest Article by Aakanksha Bhargava, CEO, PMR
The world is moving at a faster pace than it was in the last decade due to the post pandemic bounce back, technological advancements, innovations, internet connectivity and industrialization. Among these domains, the relocation sector, being a dynamic business area is now evolving significantly and making a positive impact on the Indian economy.
Previously, in metropolitan areas, moving homes was a complex process full of hassle and stress. Also, due to the fast city life, people faced a lot of trouble while relocating considering the issues such as sorting, packing, unpacking and handling fragile items. But, companies understanding the pain points of the common masses are now coming up with relocation solutions to provide a rich customer experience. Therefore, the demand for professional packers and movers is increasing gradually. Despite the highly competitive market, there comes an industry which has a clear understanding of the domain and has proven its excellence in its services. Therefore, among the other organised industry players, PM Relocations Pvt. Ltd. (PMR) gets a special mention.
P.M. Relocations Private Limited: Pioneers in the industry
With a game-changing business approach, P.M. Relocations Pvt. Ltd. has been a pioneer in the relocation industry since 1986. Being an expert in the industry, they are catering to multiple moving domains such as domestic, commercial, baggage, art, settling-in, warehousing and pet relocation, under the brand portfolios of PMRGO, PMR Logistics, Relo+, PetGo, Artistics, Baggage+ and Store+. Their tailored solutions also provide services to the Fortune500 with a diverse list of established clients in several sectors. They are the only organization in the industry that help their customers with local, global and third country transfers with their global network partners. With exceptional service to their clients, they have the lowest claim rate of 2%.
Roadmap to success
“With a dynamic and customer-centric approach, we are able to thrive in a competitive market for the last 36 years and have achieved the mark of 100 crores in FY 2021-2022. By hard work, consistency and resilience of our team of 600 employees, we are able to tap into the flourishing market in a significant way. Our foundation is based on the principles of removing stress from the client’s moving experience while providing quality services. We also envision making the relocation process easier for families across the globe”, says Aakanksha Bhargava, CEO, PMR.
Originally incepted in 1986 under the name of PM Packers by Mr Rajeev Bhargava and Mr Rajiv Sharma, the organization has a collective industry experience of 36 years in delivering value-centric services and quality-driven moving solutions to their customers. From the day of inception until now they have moved over three lakh homes with 8000 families in foreign countries and 5000 families in India in the past year alone. In the corporate moving sector, they have an achievement of moving 100,000 laptops and desktops within the country which has facilitated business continuity and operational excellence. Under the leadership of its current CEO Aakanksha Bhargava, the company has experienced tremendous growth of 4000%. With a myriad of industrial and non-industrial awards, they stand vertical on their commitment to delivering excellent services to their customers.
Despite the challenges that the Global Pandemic posed, PMR has strived to create a larger and meaningful impact by achieving new and remarkable milestones. It has been doubling its revenue since the FY 2020-2021. In the last year, PMR crossed a turnover of 100 CR and now, it plans to double it by the FY 2022-2023.
PM Relocations Pvt. Ltd has 10 offices across India with over 600 enthusiastic crew working efficiently to give a distinctive customer experience. Moving forward, PMR intends to extend its services in baggage services, ticketing, pet transportation, settling-in, etc. The organization also aims to be the preferred moving partner for families across the globe from Indian origins.
Furthermore, this industry is experiencing a growing phenomenon as a report by Mordor Intelligence forecasts the growth of this industry at a CAGR of 26.7% between the years 2022-2027. With multi-domain aspects, the relocation industry has vast opportunities with growth potential, and with organizations such as PMR, new innovative methods will be developed to cater to the overall moving needs of the customers.