Humsafar Spells Out Its Expansion Plans For FY23

Mobility Outlook Bureau
12 May 2022
12:17 PM
1 Min Read

In addition to increasing its market share in the diesel at doorstep category, the company also plans to enter new verticals and launch e-Humsafar mobile petrol pumps and EV charging stations.


Humsafar

Humsafar, the diesel at doorstep service start-up, has announced its plans to expand its energy distribution services to 200 additional cities in the country during FY23. At present, the company services over 100 cities.

Sanya Goel, Co-founder, Humsafar India said the company also plans to increase its market share in the diesel at doorstep service from the current 20% to 30% this fiscal.

Moreover, Humsafar is planning to enter the green energy market through the launch e-Humsafar mobile petrol pumps (HMPP) along with the launch of e-vehicle charging station business, Nishit Goel, Co-founder of Humsafar India, confirmed. He further said the company, with its newly added ‘Humsafar Urja’ – a 3,000 litre HMPP – plans to capture new markets with its diesel at doorstep service. 

With the economy bouncing back, and the pandemic situation improving, Goel said Humsafar is anticipating a growth of 20-25% against the 157 mobile dispensers it sold during FY22.

“The doorstep fuel delivery model has grown rapidly across the country and scaled up even faster in the post-COVID era due to a multitude of factors, including the global supply chain and economics of fuel trade, structural constraints of the existing distribution model, changing buying behaviour of consumers, and technological disruption. Above all, the government has been actively promoting the concept of doorstep diesel delivery (DDD), which has successfully enabled over 1,000 entrepreneurs to make energy more accessible,” she said.

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