In the dynamic world of business, where the cutting edge comes from both leadership and innovation, Aakanksha Bhargava, CEO, PM Relocations, emerges as a trailblazer. She is redefining the relocation industry and was the Young Leader of the Year (Under 40) at the BW Businessworld Emerging Businesses Awards 2023.
Bhargava’s journey reflects commitment and innovation. Under her leadership, PM Relocations has evolved into a globally acclaimed relocation brand that exemplifies quality and value. A remarkable aspect of Aakanksha's leadership style is her unwavering dedication to inclusivity and diversity. PM Relocations stands out as a women-led MSME, a domain in which women professionals make up nearly a quarter of the workforce.
Bhargava’s acumen in strategy and leadership has converted PM Relocations from a company that had a modest turnover of Rs 3 crores in 2007 to a thriving Rs 192 crores enterprise today. During this spell the company’s workforce catapulted from 45 employees to a robust team of 700, demonstrating her ability to nurture talent.
Talking to BW Businessworld, the PM Relocations CEO underlines the significance of the MSME sector in India's progress. “I'm pleased to observe the growing awareness and attention directed towards the MSME sector. We constitute the majority in India. Empowering and supporting these enterprises, understanding their needs, and propelling them forward is undeniably a significant stride,” she says, adding, “In our country, we have startups and multinational corporations, but it's important to note that we, the MSMEs, outnumber them all. If our nation's MSMEs thrive, our progress as a country is inevitable.”
She feels, however, that MSMEs do not get the recognition they deserve for professionalism the way larger enterprises do. “It's crucial for us to communicate that our team and partners are focused on much more than just running a business,” says Bhargava. “Our processes, compliance measures, due diligence, and team dynamics – all these aspects require thorough evaluation. By initiating this shift in mindset, we can bring about a transformative change in the way we operate,” she goes on to say.
Bhargava envisions an expansive future for PM Relocations and has plans to invest up to Rs 150 crore in the company over the next three years. She intends to enhance its technology infrastructure, establish physical assets and bolster branding efforts. PM Relocations aspires to broaden its global footprint. The company plans to establish international offices, underscoring Bhargava's commitment to constant evolution and progress.
In a world where leadership is defined by impact and innovation, Aakanksha Bhargava stands out as an example. Her journey with PM Relocations not only marks growth in business, but also reflects the potential of a leader to catalyse change, empower MSMEs and make a lasting impact on a global scale.