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Farooq VelmarviChief Executive Officer

Chief Executive Officer India

The three promises that needed one capacity decision

Portrait of Farooq Velmarvi
Farooq Velmarvi

The three assignments looked manageable when I reviewed them separately in 2018. Each had a clear exhibition opening window, and each made commercial sense on its own terms. Together they required nine crew teams at the same time, while our available capacity was six. I approved the combined commitment as COO without giving that overlap the attention it needed. The problem was not that the opening dates had changed unexpectedly; my decision had failed to bring them into one operating picture.

I grew up in Bhopal and completed a Bachelor of Commerce at the fictional Varlekhi Commerce College in May 1992. I joined Nelravi Freight Services the following month in an eight-person accounts-support group. We prepared service records and reconciled charges for senior colleagues. I had no investment or operating authority. The work made me interested in what a charge actually paid for and which obligations sat behind a service description that looked simple on an invoice.

In April 2000 I became a commercial manager leading fourteen colleagues within ₹1.9 crore annual function expense. Customers wanted a clear commitment, and operations needed the terms to describe what had been accepted. I learned to connect the commercial account with the resources required to fulfil it. That lesson was familiar by the time I later approved the overlapping exhibitions. The mistake was therefore mine to own rather than a surprise that only an operating specialist could have recognised.

I joined Tarneshi Exhibition Logistics in April 2008 as commercial director, leading twenty-nine colleagues within ₹5.4 crore annual function expense. Exhibition work made timing and preparation especially visible. A customer might move a display repeatedly, but the contents, handling requirements and venue windows could differ. Sanjay’s operating colleagues needed those conditions understood before a quotation became a promise. I worked to make commercial and field discussions part of the same account rather than successive handovers in which the next team discovered what had been omitted.

I became COO in April 2015, with five functional heads and responsibility across an enterprise that reached 184 employees and ₹68 crore revenue by the appointment’s closing year. Annual operating responsibility was ₹52 crore with a separate ₹4.6 crore capital programme. In 2018 the three overlapping assignments exposed the capacity error in my own approval. We spent ₹42 lakh over four weeks obtaining suitable partner capacity and agreeing revised work windows with customers. The revised plan was fulfilled. I did not present the recovery as evidence that the initial commitment had been reasonable or invent a perfect on-time record from it.

My April 2020 appointment combined chief-executive leadership with an executive seat on the board. Six executive heads now support the business, with Sanjay owning operations and Leela leading the board. I carry ₹87 crore FY 2026–27 operating responsibility and a separate ₹9 crore capital programme. My 0.06% interest is included within the employee vehicle’s 40%, alongside founders at 35% and a domestic fund at 25%. Those relationships make the durability of our service capability a board question as well as an operating concern.

In 2023 I backed a repeat-fit crate programme with ₹1.2 crore capital and ₹22 lakh preparation expense. The selected 120 crates were approved for defined repeat uses and supported 216 recorded movements over eighteen months. The 96 movements beyond first use did not establish a universal packing solution or a quantified environmental benefit. In 2025 we piloted customer agreements that explicitly paid for reserved capacity. Four of six customers chose that arrangement, and two stayed with ad-hoc service. One annual agreement of ₹1.8 crore included availability rather than adding a hidden charge later.

An outside-board contribution would need further governance preparation and a specific review alongside my executive directorship. I would bring experience in making the cost of availability and preparation visible before the company accepts a promise. The lesson from 2018 remains central: recovering a commitment can be necessary, but the recovery should not become the business model or a reason to forget the decision that made it necessary. Leela asks me to bring the inconvenient capacity account to the board while there is still a choice to make. I want the executive team to apply the same discipline before a quotation turns the customer’s preferred opening window into our accepted obligation.

Open to Board appointments · Executive opportunities

Languages / Hindi · English · Urdu

A leadership conviction

An exhibition has an opening date, but that date does not create another crew or make every crate suitable for another journey. I want the commercial promise to carry the capacity and preparation it requires, including the cost of keeping that capability available.

Enterprise workforce
261 employees
Exhibition transport, storage and packing services
FY 2025–26 revenue
₹112 crore
₹68 crore transport and ₹44 crore storage/packing
Annual operating responsibility
₹87 crore
FY 2026–27; separate ₹9 crore capital programme

Career chapters

  1. 2020-04 — present 01

    Chief Executive Officer and Executive Director

    Tarneshi Exhibition Logistics

    Make commercial promises carry the capacity, preparation and economics needed to fulfil them

  2. 2015-04 — 2020-03 02

    Chief Operating Officer

    Tarneshi Exhibition Logistics

    Bring accepted exhibition commitments into one practical operating plan

  3. 2008-04 — 2015-03 03

    Commercial Director

    Tarneshi Exhibition Logistics

    Describe timing and preparation within the service being sold

  4. 2000-04 — 2008-03 04

    Commercial Manager

    Nelravi Freight Services

    Connect the charge accepted by a customer with the service obligation it creates

  5. 1992-06 — 2000-03 05

    Accounts Support Assistant

    Nelravi Freight Services

    Prepare service records and reconcile charges with the work described

Board & advisory record

Current appointments

  • Tarneshi Exhibition Logistics

    Executive Director and CEO

    Board business and investment discussions; no committee-chair claim

    April 2020–present

Education & credentials

Bachelor of Commerce
Varlekhi Commerce College · 1992

Perspectives from colleagues

Farooq made the investment account distinguish crates purchased from movements supported. He kept the use conditions and preparation expense visible instead of presenting an asset count as a complete service capability.

Leela DarvenkarNon-executive Chair, Tarneshi Exhibition Logistics; fictional colleague

He kept his approval of the overlapping assignments in the account. The revised commitment brought commercial and crew planning together rather than asking operations to make three separate promises fit after acceptance.

Sanjay PelnathiHead of Operations, Tarneshi Exhibition Logistics; fictional colleague