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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

October - 2007 - issue > Entrepreneur

Travelling far with tenacity

Michael Paulraj
Sunday, September 30, 2007
Michael Paulraj
Shashi Kiran Shetty began his career in logistics in 1978, when he was just 21 and armed with a degree in commerce. He learned the ups and downs and curves of the logistics business during his four years stint in Intermodal Transport and Trading Systems, a logistics company.

Subsequently he switched to Forbes Gokak, a Tata Group company. In the years he served in these two companies Shetty accumulated a wealth of knowledge in the field of cargo and logistics and started his own company, Transindia Freight Services, when he was just 25 to cater to the merchant shipping companies. The company that began with handling cargo in the port of Mumbai soon expanded to extend its services to the public sector majors in the oil and gas and power segments.

At this juncture Shetty started All Cargo Global Logistics, a clearing and forwarding agency. Today, Shetty has a nationwide presence in India and operates offices in over fifty countries. His steady journey in the logistics world saw the emerging entrepreneur Shetty entering India’s billionaires’ club this year.

Acquisition and further expansions

It is his unshakable determination that has seen Shetty through the ups and downs of business and helped him successfully withstand the skids along the way. It requires a lot of resolve to stay firm in one’s business withstanding the fluctuating market trends.
Shetty just loved what he was doing and ended up becoming a billionaire without actually wanting to be one. It was not his target. He had started off with his hard-earned money of just 25,000 rupees when he started his first company in Mumbai in the early eighties. Now the company is listed in both the Bombay Stock Exchange and the National Stock Exchange.

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