According industry status to the logistics sector would help to cut down high cost of transportation, thereby making the sector more competitive Logistics sector and economic development of a country are closely intertwined as higher economic growth leads to better prospects for logistics service providers. However, on the flipside, the Indian logistics sector is highly fragmented and deregulated ....
Electronic Data Interchange brings in more transparency and visibility in logistics business, thereby bringing down unnecessary costs The air cargo value chain in India is characterised by lack of transparency and existence of legacy systems, which result in huge inefficiencies causing delays, penalties and lack of shipment visibility. In the most sophisticated transport value chain, air cargo, th....
By availing services of 3PL players, companies are able to meet their logistics requirements at competitive prices, thereby cutting down costs The Indian logistics sector has witnessed massive growth over the last decade, thanks to the increase in movement of goods and traffic. Gone are the days when the logistics sector was restricted only to movement of goods via rail, roads and waterways, toda....
Ever expanding verticals among logistics firms is turning the sector lucrative for PE investors Continuous flow of funds has been a major concern for logistics firms operating in the country. The situation further worsened during the global financial meltdown, when business shrank drastically causing logistics firms to incur huge losses. However, with the market reviving post-recession, logistics ....
The International Container Transshipment Terminal at Vallarpadam will reduce operational costs and time for shipping lines and logistics operators transshipping containers via international ports such Colombo, Salalah etc An International Container Transshipment Terminal (ICTT) in Cochin has been on the radar of the Government of India (GoI) for over two decades. Several studies have clearly dem....
Most corporate houses are opting for car leasing as part of their cost-cutting measure, which not only saves substantial amount of money but also reduces the burden of maintaining vehicles As the Indian economy is inching steadily towards the revival phase post the worldwide economic slowdown, car leasing opportunities have developed as the next big thing in the automobile sector. The corporate s....
The recently announced Union Rail Budget has announced several policies that would involve participation of private players in the railway sector providing it the much-needed impetus Of late there has been an increasing demand from several quarters to facilitate private participation in the Indian Railways. The Planning Commission anticipates a staggering investment of about Rs 2,00,802 crore in r....
The road ahead for the Indian logistics industry looks brighter with several upcoming projects and initiatives undertaken by the government Currently, logistics costs in India are much higher as compared to the developed nations of the world. The growth in commodities, manufacturing activities, retail sector, domestic and international trade has pushed up freight movement via roads, rail, air and....
With the Government of India taking steps to develop dedicated freight corridors, railways will play an instrumental role in the development of the countrys logistics sector Indian Railways, worlds second largest rail network, has played an integral role in the development of the countrys industrial and economic landscape for over a century. Of the two major sections of the Indian Railways - freig....
Several initiatives undertaken by the Government of India as well as increased IT penetration have boosted the Indian logistics segment, which is set to grow manifold in the coming years
Ajaz Mohammed, director of East West Freight Carriers Private Limited
The Indian logistics sector, which was pegged at US$75.19 ....
While no one may have a crystal ball to predict events accurately, one can expect the supply chain and logistics industry to undergo major developments, offering a wide spectrum of services to customers in the near future
Christoph Remund, CEO of DHL Lemuir Logistics, a leading logistics firm headquartered in Mumbai
Union Budget 2010-11 has come up with a lot of positive steps for the logistics sector that will enable the sector to scale new heights in the coming years The logistics sector was looking forward to this years Budget with heightened expectations and it would be only apt to say that the Budget has not disappointed the sector. There are a lot of positives that the logistics sector can draw from Bud....
The government must envisage policies that will allow logistics operators to be more prompt and efficient in their services to match their global counterparts
Mr Karan Deep Singh
Over the years, logistics has evolved more than being just a mere business of transportation of goods from the point of origin to the po....
Proper infrastructure, industry status necessary to boost the logistics sector – Vineet Agarwal, Transport Corporation of India
Posted On Wednesday, September 01, 2010
According industry status to the logistics sector would help to cut down high cost of transportation, thereby making the sector more competitive Logistics sector and economic development of a country are closely intertwined as higher economic growth leads to better prospects for logistics service providers. However, on the flipside, the Indian logistics sector is highly fragmented and deregulated ....
More
Electronic Data Interchange: Connecting India’s logistics community - Sumeet Nadkar, Kale Consultants Ltd
Posted On Monday, August 23, 2010
Electronic Data Interchange brings in more transparency and visibility in logistics business, thereby bringing down unnecessary costs The air cargo value chain in India is characterised by lack of transparency and existence of legacy systems, which result in huge inefficiencies causing delays, penalties and lack of shipment visibility. In the most sophisticated transport value chain, air cargo, th....
More
3PL gaining prominence in the Indian logistics sector - Karan Deep Singh, Akal Transport Company
Posted On Friday, July 30, 2010
By availing services of 3PL players, companies are able to meet their logistics requirements at competitive prices, thereby cutting down costs The Indian logistics sector has witnessed massive growth over the last decade, thanks to the increase in movement of goods and traffic. Gone are the days when the logistics sector was restricted only to movement of goods via rail, roads and waterways, toda....
More
Logistics sector turning lucrative for PE firms – Madhubala, Duropack
Posted On Tuesday, July 27, 2010
Ever expanding verticals among logistics firms is turning the sector lucrative for PE investors Continuous flow of funds has been a major concern for logistics firms operating in the country. The situation further worsened during the global financial meltdown, when business shrank drastically causing logistics firms to incur huge losses. However, with the market reviving post-recession, logistics ....
More
ICTT to provide a facelift to Indian shipping industry – Suresh Joseph, DP World Cochin
Posted On Wednesday, June 30, 2010
The International Container Transshipment Terminal at Vallarpadam will reduce operational costs and time for shipping lines and logistics operators transshipping containers via international ports such Colombo, Salalah etc An International Container Transshipment Terminal (ICTT) in Cochin has been on the radar of the Government of India (GoI) for over two decades. Several studies have clearly dem....
More
Car leasing: Upcoming trend in the auto sector - Liam Donnelly, Arval India
Posted On Wednesday, June 02, 2010
Most corporate houses are opting for car leasing as part of their cost-cutting measure, which not only saves substantial amount of money but also reduces the burden of maintaining vehicles As the Indian economy is inching steadily towards the revival phase post the worldwide economic slowdown, car leasing opportunities have developed as the next big thing in the automobile sector. The corporate s....
More
Private participation to boost Indian Railways - Ajay Sinha, EMD Locomotive Technologies Pvt Ltd
Posted On Friday, May 21, 2010
The recently announced Union Rail Budget has announced several policies that would involve participation of private players in the railway sector providing it the much-needed impetus Of late there has been an increasing demand from several quarters to facilitate private participation in the Indian Railways. The Planning Commission anticipates a staggering investment of about Rs 2,00,802 crore in r....
More
Reality check on Indian logistics industry - R Chandramouli, CII Institute of Logistics
Posted On Monday, May 17, 2010
The road ahead for the Indian logistics industry looks brighter with several upcoming projects and initiatives undertaken by the government Currently, logistics costs in India are much higher as compared to the developed nations of the world. The growth in commodities, manufacturing activities, retail sector, domestic and international trade has pushed up freight movement via roads, rail, air and....
More
Indian Railways aiding growth of logistics sector - Ajay Sinha, EMD Locomotive Technologies Pvt Ltd
Posted On Saturday, May 01, 2010
With the Government of India taking steps to develop dedicated freight corridors, railways will play an instrumental role in the development of the countrys logistics sector Indian Railways, worlds second largest rail network, has played an integral role in the development of the countrys industrial and economic landscape for over a century. Of the two major sections of the Indian Railways - freig....
More
Growth drivers for Indian logistics industry – Ajaz Mohammed, East West Freight Carriers Private Limited
Posted On Monday, April 19, 2010
Several initiatives undertaken by the Government of India as well as increased IT penetration have boosted the Indian logistics segment, which is set to grow manifold in the coming years Ajaz Mohammed, director of East West Freight Carriers Private Limited The Indian logistics sector, which was pegged at US$75.19 ....
More
Changing face of Indian logistics sector - Christoph Remund, DHL Lemuir Logistics
Posted On Monday, March 29, 2010
While no one may have a crystal ball to predict events accurately, one can expect the supply chain and logistics industry to undergo major developments, offering a wide spectrum of services to customers in the near future
Christoph Remund, CEO of DHL Lemuir Logistics, a leading logistics firm headquartered in Mumbai
....
More
Budget 2010-11 augurs well for logistics sector - Sumeet Nadkar, Kale Consultants Limited
Posted On Tuesday, March 09, 2010
Union Budget 2010-11 has come up with a lot of positive steps for the logistics sector that will enable the sector to scale new heights in the coming years The logistics sector was looking forward to this years Budget with heightened expectations and it would be only apt to say that the Budget has not disappointed the sector. There are a lot of positives that the logistics sector can draw from Bud....
More
Bottlenecks for logistics operators – Karan Deep Singh, Akal Logistics India Private Limited
Posted On Monday, February 22, 2010
The government must envisage policies that will allow logistics operators to be more prompt and efficient in their services to match their global counterparts Mr Karan Deep Singh Over the years, logistics has evolved more than being just a mere business of transportation of goods from the point of origin to the po....
More