March 31, 2023

PM Relocations will invest Rs 150 billion to grow the company: CEO Bhargava

PM Relocations

PM Relocations, a leading provider of end-to-end relocation services, will invest Rs 150 billion over the next five years to expand its operations, said CEO Amit Bhargava.

The company, which has a network of over 200 offices in India and abroad, is looking to grow its presence in tier-II and tier-III cities in India. It is also looking to expand its international operations.

“We are aiming to double our revenues in the next five years. The Rs 150-billion investment will be used to expand our operations, set up new facilities and acquire new technology,” Bhargava said.

PM Relocations, which has been growing at a healthy clip of 20-25% annually, is expecting to clock a turnover of Rs 2,000 crore this financial year.

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