- 175% business growth for Elixia Tech Solutions in FY 21-22 for Maharashtra
- FMCG and Pharmaceutical industries have provided the highest growth rate for Elixia’s tech-enabled logistics services
- Elixia’s consumer base in Maharashtra has increased by 2.2x during FY 21-22
For the fiscal year 2021-2022, Elixia Tech Solutions, a leading incubator of high-end technical breakthroughs in the field of supply chain, saw a 175 percent increase in business in Maharashtra. Despite the Covid epidemic, the technological behemoth has been growing steadily in Maharashtra since fiscal year 2019-20. In FY 2021-22, Elixia saw a 2.2x increase in client numbers in the aforementioned region, in addition to strong business growth. During the epidemic, the demand for FMCG goods and pharmaceuticals skyrocketed, prompting both industries to demand tech-driven logistical support. In the logistics industry, the same has led to technical advancements.
With its technological prowess, Elixia was suitably placed to leverage its strengths and provide much-needed tech support to help the logistics sector overcome the new challenges posed by the pandemic and the consequent lockdowns, etc. Technology’s significant role in logistics and the supply chain sector have strengthened Elixia’s future prospects. Speaking on its business performance, Elixia Tech Solutions’ Founder and Managing Director, Mr. Sanket Sheth said, “Maharashtra’s State Government has made recent and significant investments towards improving the state’s fragmented logistics sector. It has resulted in the state emerging as a pivotal hub for supply chain operations. Elixia has responded enthusiastically to the moves by leveraging them. With our tech-based services, we have taken full advantage and registered robust business growth.” Further, Mr. Seth added that “technological intervention will boost and strengthen the state and India’s logistics segment.”
