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Published by: abhisilk on Mar 10, 2012
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05/02/2013

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1.Introduction of Indore
Indore is situated in on malwa plateau in the central part of India . Thecity history is associated with the famous queen Devi Ahilya of Holkar Dynasty, well known throughout the country for her nobleand pious deeds and for her religious achievements .Indore is the largest city of Madhya Pradesh acting as a prominenteducational, industrial and trading centre of the state. It haspopulation of over 19 lakhs. It is well connected with Delhi,Mumbai, Kolkata, and Chennai by rail, road and air.Indore has over four thousand small and medium industrial units andover thirty five large industrial units. It is one of the largestpharmaceutical industrial centers of the country. Its contiguousarea of Dewas has developed into largest industrial cityaccommodating companies like Tata international, Gajra gears,Ranbaxy labs, standard mills etc. Its adjoining area, Pithampur, isfast developing into Detroit of India with the units of leadingcompanies like Hindustan Motors, Kinetic Honda, Rallis India,Crompton greaves, L&T, Bridgestone, etc are located therein.Indore is the biggest centre for soyabean crop in the country. It has aNational Research Centre for soyabean as well as aninternationally reputed centre established by the department of atomic energy. A software technology park has been planned forIndore.
1.1.Corporate presence
Indore is biggest contributor of revenues to the Madhya Pradeshgovernment. The boom in the Indian Software Services Industry has further helped in creating new jobs and improving the prosperity of the city.Companies like CSC (NYSE CSC), Impetus InfoTech India Pvt. Ltd.,MphasiS, InfoBeans, Armour Software, Suvi, Web Dunia, North SouthTechnologies and hundreds of smaller and mid-size companies have comeup in the field of software. A Special Economic Zone is planned, to boost
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software exports. Some big Indian companies, like TCS, are expected tostart there operations once the SEZ is in place. Indore has been a hub for theautomobile, steel and alloy Industry. The nearby industrial hub Pithampur houses many leading industries such as Hindustan Motors (presently knownas Avtec Ltd ), Eicher Motors, Bajaj, Anant Steel, Metalman Group, Nicholas Piramal, Bridgestone, Larsen & Toubro Ltd,Crompton Greaves, Novino, Penjan and Gajra Gears, Kirloskar Brothers Limited.The electronics complex ie city also houses offices of some of the top ITcompanies in the country. The development of a mini auto cluster inPithampur is being promoted by the Government of India. The governmenthas declared a budget of Rs. 5000 crores for building the Asia's largesttesting track for ground breaking research and development.Indore has also been a hub for agribusiness with several major companiesinvolved in Soybean processing having factories around the city. RawCotton export from Indore has recently started where facilities of InlandContainer Deport at Pithampur is available. Cotton varieties like MECH-1and H-4 are regularly exported by exporters like Arham Syntex P. Ltd.,Manjeet Cotton, etc.
1.2.Trade and commerce
Indore is one of the fastest growing Tier II cities in India. It already is thecommercial capital of central India. Its a favoured test market for industriesowing to the diversity of its population. Plans are underway for a SoftwarePark . Several shopping malls have been constructed since 2004 and havecontributed to changing the staid feel of the city.
1.3.Traditional businesses
Indore is also a center for garment industry. Long back, Textile mills(Hukumchand Mill, Swadeshi Mill, et al) were for a long time the pride of the city. Although, these mills have been shut down - a few have even beendismantled - Indore still has a regional stronghold in wholesale garment business. Textile Exporters like Arham Syntex P. Ltd., Spentex, etc. havecome up in recent which are exporting Yarns and Cotton and have global presence. Indore was always a major center for retailing industry. Indorealso boasts of being the best shopping destination in central India. Theconstruction of several new shopping malls like the Treasure Island, Mangal
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City, Orbit, M2K Mega Mall , Cine Mall, Indore Center, C21 Mall (10 Floor Mall) and more coming soon, have helped it manage this reputation. Thereare traditional markets near Jawahar marg, Rajwada, Siyaganj and Ranipura,where there are wholesellers of almost all sorts of goods. Jail road markethas become the biggest whole sale & retail market in the region for mobileaccessory & repairing,
1.4.Software Technology Park Indore
The M.P. State Electronics Development Corporation has set up SoftwareTechnology Parks in major cities of the state to encourage commercialdevelopment in the area. The Optel Software Technology Park at Indore is part of this project. The Park has been able to take advantage of its beinglocated in the commercial capital of Madhya Pradesh. Key advantagesinclude its central location, and a socio-industrial infrastructure that iscomparable to that available in other metros, but at a lower cost.
2. About Pegasus Logistics Pvt.Ltd.
Pegasus Logistics Pvt. Ltd. is Service Provider. The company providesservices of FREIGHT FORWARDING, AIR FREIGHT, CUSTOM HOUSEAGENT, PRIVATE ICD, LcL CONSOLIDATION and WAREHOUSING.The company has been established on 2004. Since then it has never looked back, and now it is leading logistics and CHA company in the city.Pegasus logistics Pvt. Ltd. is doing business with many export house of Indore city like Bharat Exim, Indo Borax, Ruchi Soya, Bridgestone, etc.It also has businesses with export companies of overseas.Pegasus Logistics Pvt. Ltd. has two more branches in India, one at ICDBhopal and other at Mumbai.In this company, I have learnt about IMPORT-EXPORT PROCEDURESand DOCUMENTATION. I have also learnt their working style, how theynegotiate with clients, and how to give 100 per cent efforts.
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