Tuesday, October 19, 2021

Reasons Causing the Growth of Logistics Service in India

 A well-organised logistics is an essential part that ensures the smooth functioning of the end-to-end supply chain possible. An efficient logistics system contributes to achieving timely deliverables to keep your customers happy. Improvement of infrastructure and freight corridors is the responsibility of the governing authority in the country. 

In India, the demand is for more integrated end-to-end logistics solutions that comprises integrated infrastructure, services platforms, and digital platforms. With the Indian government keen on improving the logistics industry as it is one of the key sectors of the Indian economy, we can see an immense growth of the logistics service in India.



The Indian government has increased the infrastructure spending significantly with a focus on new economic corridors, improved road, railway infrastructure, and a push towards digitization making it beneficial for the best logistics company in India to take advantage of these measures for their growth.

Safexpress, a leading logistics service in India provides value-added logistics services for 9 different business verticals providing a multi-modal network to reach PAN-India. With its state-of-the-art technology-equipped warehouses and facilities, Safexpress provides solutions catered to a vast variety of industries.

Few reasons for the growth of logistics in India are:

1. Increased Investment For Dedicated Freight Corridors And Infrastructure

The increased spending on infrastructure, focus on new and improved economic corridors, and road and railway infrastructure is with the goal of bringing down the logistic costs. The government has started investing the funds through the Bharatmala Pariyojana project to construct more than 13,000 km of roads, additional investment for national highway projects, and national highway corridors to further boost the logistics and transportation industry. The government aims to commission eastern and western dedicated freight corridors (DFC) by June 2022 and build three new DFCs. These DFCs will decongest the highly saturated road networks in the country, facilitate speedier freight transportation and help in reducing logistics costs.

As road and rail connectivity is an indispensable factor of economic development, and with railways commissioning eastern and western dedicated freight corridors, this will help in bringing down the logistics cost. This will also ensure smooth connectivity between different parts of the country and provide easy and faster freight movement.

2. Emphasis On Digitisation

Technology has played an important role in solving logistic hurdles like last-mile logistics, best route optimization leading to better supply chain management and best 3PL company in India. With the Internet of Things (IoT), automation technology, blockchain technology, big data analysis, artificial intelligence (AI), and robotics being used by the best logistics company in India to provide end-to-end logistics solutions, enhanced quality and service with reduced cost and less human error can be achieved. With the introduction of digital payment facilities interaction with the customer is fast and secure.

3. Sustainability, green energy

The Indian government’s intent to increase the share of green energy in the national energy grid and transition to a zero-carbon fuel regime is in line with its steadfast commitment to sustainability.  With the government targeting for a 100 percent electrification of broad-gauge railways to be achieved by 2023, thus reducing the dependence on conventional fuels. As more emphasis is given to electric vehicle adoption, usage of eco-friendly packaging, adoption of methods to generate lesser carbon print, sustainability has become a key mantra for all in the logistics industry.

The Indian logistics market is expected to reach about USD 255 billion in 2022, growing at a CAGR of 10.5 per cent. With the various initiatives and policy changes implemented by the government, it is an opportunity for the company to grow.

 

Source: https://www.reddit.com/user/safexpress1/comments/qbuh3x/reasons_causing_the_growth_of_logistics_service/


7 comments:


  1. TCI Express, as a famous Express logistics company , guarantees safe and secure express delivery services to its customers. They adhere to customer-centric standards of openness and operational excellence to suit the logistical needs of your business. Be it pharmaceutical, automobile, e-commerce or an MSME, TCIEXPRESS offers customized solutions with effective results.

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  2. TCI Express provides Air express cargo services from all major airports of India. We provide services to around 208 countries across the globe. Both Commercial and Non Commercial services are provided for both national and international customers. We provide a 7 days free storage facility at our warehouse for export consignments.

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  3. Express Logistics services have grown exponentially in the last decade, particularly since the e-commerce boom. Even the pandemic has contributed to the rise of online purchasing. To meet demand, TCIExpress is redefining express delivery services. They are India's leading express logistics delivery company for the thriving E-commerce industry.

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  4. TCI Express is a Leading logistics company in India with the fastest express services. Speed is the essence of all our services whether through land or air, anywhere in India and the world with delivery on-time service. TCI Express is loaded with advanced logistics technology services and has expanded to more than 40000 places.

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  5. TCIEXPRESS is a prominent name on the list of the largest logistics companies in India . They provide door-to-door delivery services to improve customer satisfaction and make express services more accessible. TCI has upgraded technology to provide delivery solutions that are both faster and safer.

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  6. Thanks for this informational blog. It is really very helpful, because we all know shipping is the best service in today’s time. And, we are the Air Freight Logistics.Logistics management is a method of planning and carrying out the delivery of the right quantity of goods to the right place at the right time and the right cost .It supply chain management is a key to the success of any business. It is an important part of supply chain management. Air freight is a shipping method where goods are transported by aircraft.

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  7. Through our committed network, TCIEXPRESS ensures Air express cargo deliveries at every location. We offer round-the-clock and time-definite deliveries. Our experienced team is always available to provide customized logistic solutions for your business.

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Reasons Causing the Growth of Logistics Service in India

  A well-organised logistics is an essential part that ensures the smooth functioning of the end-to-end supply chain possible. An efficient ...