Young Entrepreneur Opens 250k Business


Establishing a freight company with only $200 in 2017 has not been easy for Krishneel Kumar, one of Fiji’s youngest entrepreneurs as the director of CGM Freights. 

Today, the 31-year-old has branches, not only in Fiji, but in Australia, New Zealand, China, Japan, Singapore, India and aims to open another branch in Hong Kong come next year. 

In addition to his success, Mr. Kumar recently opened his $250,000 freights custom bond warehouse in Naikabula, Lautoka. 

Reminiscing back to the age of 23, Mr. Kumar explained that he was looking at “exports and imports and freight business in Fiji”. 

“I had just finished off from high school, the only thing that was on my mind was that freight will never stop and I thought what to do, and how can I develop more,” he said. 

“After high school I needed to choose my career path and shipping had come on my mind.” 

“I started my office in Suva and then opened my office in New Zealand. We are now operating from China at 67 per cent now. 

“Around 37.2 per cent of our imports are coming from India and there was a need to open an office in Mumbai.” 

“My next aim is to go into the Pacific Island countries to help clients and facilitate in bringing freight prices down. CGM is here to support and if you want to import anything we will assist with the trust between the shipper and the buyer,” he added. 

Attorney-General and Minister for Economy Aiyaz Sayed-Khaiyum was at the opening of the CGM warehouse and commended the young Fijian for his achievements. 

“A lot of young people can only be job seekers not job creators, and he has obviously proven that you can do it, at an early age if you have the drive, the fortitude, the vision, you will get to your destination.”