Apex body of Indian Exporters
Cargo Talk | Online Magazine
LOGISTICS - THE NEXT OPPORTUNITY FOR INDIA In a globally competitive scenario, operational and logistics efficiency determines the location and movement of goods. Freight and logistics networks are realigning according to the location of production and consumption activities, creating the hub-and-spoke models that are needed to improve freight and logistics performance.
Logistics is regarded as the backbone of the economy, providing an efficient and cost-effective flow of goods on which other commercial sectors depend upon.
Indian Government plans to spend USD 1.5 trillion in improvi ng infrastructure and most of the investments will take place in improving airports, ports, roads, and rail connectivity. Sizeable investments will also be made in AI, IoT, and Big Data for the transformation of the supply chain and logistics industry. The Global Logistics market size is estimated as US$ 4.3 trillion. India has continued to emphasize logistics among its high-priority economic reforms to reduce barriers to trading goods and service
Apex body of Indian Exporters
Cargo Talk | Online Magazine