Investing in top-tier talent and cutting-edge development centres across India, we are gearing up for substantial projects. Our focus lies on crafting a robust Cargo Community System transcending boundaries, propelling global trade through tech integration, says Vineet Malhotra, Co-founder and Director, Kale Logistics Solutions.
How was 2023 for Kale’s business operations? Share with us key learnings and takeaways?
In 2023, we celebrated achievements marked by expansive growth, heightened investor trust, funding, and global acclaim for our cutting-edge platforms. We embraced and supported global mandates such as ICS2.0 and IMO e-FAL MSW, securing a leadership role in North America, the Middle East, and Europe. Despite these strides, there is ample ground to cover in advancing technology adoption within the global logistics sector, which lags other industries. Our journey continues to propel innovation and bridge the tech gap in this landscape.
Share with us strategies adopted for 2024 to enhance operational efficiency and offer innovative solutions?
As a product-centric enterprise, we are establishing centres of excellence focused on product-specific research and development, industry use cases, and advanced technology applications. Our product models are evolving towards streamlined SaaS solutions, adopting a build-own-operate approach to enhance digital acceptance. Our initiatives extend to sea-air corridors, freight e-marketplaces, and logistics control towers, empowering major importers and exporters to efficiently oversee cross-border trade across multiple locations.
Tell us about the recent advancements done by your company in technology and air cargo sector in past two years?
Investing in top-tier talent and cutting-edge development centres across India, we are gearing up for substantial projects. Our focus lies on crafting a robust and all-encompassing Cargo Community System that transcends boundaries, propelling global trade through tech integration and interlinking a network of networks of Cargo Community System. Embracing deep tech, we are channelling investments into AI, ML, IoT, and Blockchain, transforming these technologies into integral components of the Cargo Community System for enhanced usability.
How do you ensure tech-enabled solutions and visibility, reliability, and efficiency to all supply chain stakeholders?
In the current supply chain landscape, there is a glaring absence of visibility, reliability, and efficiency, both internationally and domestically. Our solutions aim to rectify this by providing accurate information, eradicating
errors, manual data entry, and duplicate efforts. Real-time tracking ensures all stakeholders can monitor milestones thereby reducing cargo dwell time.
Throw light on the key bottlenecks, while deploying tech in different markets?
We grapple with bottlenecks, such as resistance to adopting new systems and stakeholders believing a shared digital platform lacks specificity for their internal processes initially. It is essential to comprehend that technology, when implemented across diverse layers, evolves and adapts over time. The pervasive risk of cyber-attacks looms large. Our solutions prioritize user rights, incorporating strict security measures aligned with global frameworks. By addressing these challenges, we pave the way for transition to advanced technologies.
What are your projects/expansion in pipeline?
Launching at Port Klang and thirty-three additional Malaysian ports, our Malaysia Maritime Single Window is poised for regional expansion. Anticipating widespread adoption across Asia Pacific Region (APAC), the Middle East, and Africa, we are prepared to deploy our IMO-compliant MSW platform, Kale. Aiming to cover 150 airports this year, we are engaging with governments worldwide to foster trade facilitation and enhance the EoDB.
