Saturday, 21 September 2013
The Rise of Cash Logistics Firms
Posted on 05:51 by Unknown
From a Businessworld article:
The
big four in the business — CMS, Brinks, SIS-Prosegur and Writers —
share 80 per cent of the market between them and, on an average, cart Rs
20,000 crore in cash daily. Which means, in a year, it is a whopping Rs
73 lakh crore. Add all cash logistics firms (CLF) and it is Rs 91.25
lakh crore. A caveat: it does not mean that goods and services of
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