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Making Logistics Employees Skillworthy
By 2022, the logistics sector is expected to employ more than 28.4 million employees from the current figures of 16.74 million. With logistics being a service oriented sector, skill development is emerging as a key capability. this makes it absolutely necessary for the government, training institutions, the logistics companies and the sector skill council to step up their efforts in building training capacity and offer industry-relevant skills to the candidates.
A Decade In Logistics: Before And After
As technology begins to take centerstage in global logistics, Nishith Rastogi, chief executive officer and founder of Locus.sh, reflects on the fascinating trends that will define logistics as much more than a support function.
Ocean Freight on a Growth Trajectory
The projects underway at major ports in India is expected to boost the Indian shipping industry, EXIM trade and economy of the country. Over the years, cargo handled at major ports in India have grown considerably. The containerised cargo export from India has increased over the years with India standing on the ninth position.
Automotive Supply Chain Makes Smart Move
Increasing visibility, better collaboration among the partners and innovation in the supply chain is vital for the dynamic sector of automobiles to enhance their competitive edge and meet world class standards.
Transforming the future of India's automotive supply chain
India’s economic landscape has been witnessing tremendous change and the automotive sector is a significant growth driver. With the ongoing introduction of the Goods and Service Tax (GST) and the government’s latest 10-year Automotive Mission Plan, the sector has been on top gear.
A Greener Route for Freight Transport
Amid growing awareness about the need for adopting sustainable practices, freight transportation has majorly drawn global attention as they account for a substantial share of traffic and pollution in urban and metropolitan areas. Measures are therefore being explored to mitigate the negative effects of freight transportation.
Freight Sector Fastens Belt for Hyperloop
Flying cars and jetpacks could still take time to become a reality, but Hyperloop seems all set to revolutionize the transportation industry. The freight sector could be the first beneficiary of this super speed technology.
The Race for 'Speedy Delivery'
The Indian e-commerce space is currently at an inflection point and there is tremendous opportunity for growth. With the increasing consumer demand for ‘fastest deliveries’, e-commerce giants are enhancing logistics services to make the delivery race more predictable than maddening.
Decoding GST Transportation & Freight Sector
GST has been labelled as ‘one tax one nation’ thereby meaning that India becomes one market. This would result in businesses to re-look at their supply chain, warehousing and depots. GST presents an opportunity for industry players to consolidate their warehouses and set up larger facilities, which will bring in supply chain efficiencies.
Indian Air Cargo Poised To Fly High
Indian air cargo has an appealing story to tell. The country’s air cargo segment grew in leaps and bounds in the past seven decades. From small units of shipments in the 1950s, India's air cargo sector has scaled to a level where it attracts more and more international cargo operators.
Innovation, Investments Lifting Spirits Of Indian Logistics
Indian logistics sector, with the backing of the government, is witnessing innovative advances in technology and massive investments. The tax reform and the infrastructure status are likely to bolster infrastructure development in the country.
BIAL Steps Up Initiatives To Become South India's Cargo Gateway
Bangalore has catapulted from a sleepy backwater to a world-class export hub all thanks to its start-up ecosystem, driven primarily by IT and ITES sectors. That apart, the manufacturing and perishables industry has also contributed to its growth. And Bengaluru’s Kempegowda International Airport serves as a catalyst to accelerate international trade.
How IoT And Airline Alliances Will Transform The Cargo Industry
The latest trends in technology are driving air cargo industry to make changes rapidly like never before. From Internet of Things (IoT) to Artificial Intelligence (AI), the air cargo supply chain is getting smarter with digital technologies. Venkatesh Pazhyanur forecasts the technology trends that will define air cargo in the future.
India's Rising Perishable Industry Seeks A Friendly Hand
Seems like Alphonso the ‘king of mangoes’ which have captured the fantasies of world famous chefs, is going to make it to the tables of few more lucky souls, reason being India’s growing emphasis on agri-export. The hunger is not only for mangoes but a wide range of fruits and vegetables, seasoned by the country’s diverse climate. Indian growers have contributed to the world food basket for years and the recent budget wherein the government has indicated its ambitions to take agriexports from $30 billion to $100 billion seems to be in complete sync with the growers’ growing aspirations. They now look up at the air cargo industry as an influential partner in the success story.Kay Bee Exports is an Indian fresh produce export company that has been into business for 29 years. The company that was started by Prakash Khakhar, chairman, Kay Bee Exports, on a small scale with initially exporting mangoes has come a long way and now exports a wide range of fruits and vegetables worldwide amounting to 6000 tonnes of air freight per year. In an exclusive interview with Shreya Bhattacharya, his son and CEO of the company Kaushal Khakhar speaks about the company’s expectations from the air cargo industry.
Air Cargo India Giving Wings To Global Air Cargo Industry
The biggest congregation of global air cargo industry stakeholders, at the seventh edition of Air Cargo India, was testimony of the fact that India-a country that is poised for substantial air cargo growth in 2018, is being looked at as a land of opportunity.
Staying Afloat Amid Global Uncertainties
Amidst global uncertainties in the international trade and unprecedented structural changes in India’s shipping sector, India’s container market has reasonably fared well. However, to continue the growth momentum, the Indian shipping industry will need to be extra cautious of the global trends and policies.
Fast-tracking Tech Adaptation In Auto Logistics
While the technology integration in automobile supply chain can bring in a higher level of efficiency, the cost of automation viz a viz cost of labour in India make them be on a slow path. However, in the post GST scenario, the next two to three years will be a gamechanging period for the auto logistics segment in India.
Gearing Up For A High-Tech Future
In the last two decades, India’s economic landscape witnessed vast changes as the country emerged not only as a low-cost production hub, but also excelled into engineering and building value-added products.
Agile Supply Chain For Auto Industry In The Digital Age
India’s macro-economic environment is expected to benefit from the growth of the middle classes, with GDP development expected to increase steadily going forward.
50 Years Of Successfully 'Spear' Heading Logistics - FM Logistic
Who knew that the marriage between two persons (Claude Faure & Mireille Machet) will not only change their destinies but will lead to the creation of a French transport company 'Faure & Machet', now known as FM Logistic. After five decades, the family-owned business of FM Logistic has operations across three continents and 13 countries. With the acquisition of majority stakes in India-based Spear Logistics in March last year, FM Logistic boasts of 35 million square feet of warehousing space globally. The company has an ambitious growth strategy and aims to be one of the top three logistics players in India.
India To Shine Among Emerging Markets
Supply chain executives, who surveyed for the 2017 Agility Emerging Markets Logistics Index picked India as the emerging market with the most logistics potential and the country where their companies were most likely to invest. The survey of more than 800 logistics executives offers an annual snapshot of industry sentiment to go with the Index rankings of the world’s 50 leading emerging markets by size, business conditions, infrastructure and transport connections. India climbed to No. 2 in the 2017 Index, switching spots with United Arab Emirates. China, the world’s second-largest economy, again topped the rankings. “It’s remarkable to see a country this size growing at better than 7 percent a year. Goods & Services Tax (GST) reform has the potential to be a game-changer,” said Detlev Janik, South Asia CEO of Agility Global Integrated Logistics. Reji John speaks with Janik to understand key highlights of the survey. Edited excerpts.
Indian Maritime Sector Poised To Grow
The Indian maritime sector is poised to make great progress in the coming years. Despite the fact, the Indian maritime sector faces a number of challenges viz. lack of coordination in port traffic management, non-uniform tariff structure, high turnaround time, low draft & siltation, poor connectivity to hinterland, delay in getting environment clearances.
spreading its wings
over the years, cathay pacific airways has been making the right investments which has helped it to develop hong kong as one of the world's leading global transportation hubs.
swift way to trade
as part of ‘ease of doing business’ initiative, central board of excise & customs (cbec) took up implementation of single window project early last year. the project aims to facilitate exim trade and enable hassle-free and smooth operations of international trade transactions across borders. the project would allow importers and exporters the facility to lodge their clearance documents online at a single point only. the single window interface for facilitating trade (swift), would reduce interface with governmental agencies, dwell time and the cost of doing business. swift is a natural step for helping achieve the objectives of digital india initiative.
The Tech Tracker
Recognised as one of the youngest and fastest growing startup CEOs in India, Dhruvil Sanghvi has played a pivotal role in revolutionising logistics and field service management in Asia and the US. After graduating from Carnegie Mellon University in Pittsburgh, USA and having had the experience of advising some of the Fortune 500 companies on technology and data analytics, Sanghvi started LogiNext in early 2014. In this interview to Maunesh Dhuri, Dhruvil Sanghvi, Co-founder & CEO, LogiNext Solutions, articulates the importance of tech-based solutions that are robust, cost-effective and add to the operational efficiency of the logistics sector.
Indian Air Cargo Awaits A Paradigm Shift
Indian government’s decision to disinvest Air India will hopefully bring the debt-ridden airline on track. Air India has the capacity advantage over a network combined with 58 domestic and 29 international stations. Abhay Pathak, Executive Director (Commercial), Cargo Division, Air India, believes that Air India cargo will grow only if there is a freighter operation. In an exclusive interview with Indian Transport & Logistics News, Pathak speaks to Rashmi Pradhan on cargo trends in India, vision for Air India cargo and much more…
Focus Is On Customer Demands
Holding a market share close to 20 percent, Maersk Line is one of the leading players in the Indian shipping industry. With 25 offices and presence across 16 ports in the country, Maersk Line offers a one-stop solution closer to the place of origin of cargo, thereby reducing the transportation time between the point of origin and the port. Steve M Felder has taken over as Managing Director of Maersk Line (India, Sri Lanka, Bangladesh, Nepal, Bhutan, Maldives) recently. Having associated with the Maersk Group for over a decade, in his new role, Felder will add further momentum to Maersk Line’s Asia growth trajectory. Felder believes that digitalisation is the way forward and Digital India is a much-needed initiative. In conversation with Rashmi Pradhan, Felder talks about the strategy for India, emerging trends in shipping and EXIM from India.
Digital Trendsetter In Logistics
Bernhard Simon, the CEO and the chairman of the Executive Board at Dachser, in an exclusive interview speaks about how the 87-year-old and fully familyowned logistics company is making every effort showcase itself as a technological trendsetter in the logistics industry; but never without being humane.
Logistics Beyond Tomorrow
There has been a paradigm shift in the way logistics is perceived. the future calls for gravity defying logistics. Logistics was considered as a mundane activity but it will be an amalgamation of frontier technologies like robotics, aerospace technology and artificial intelligence.
E-commerce Shines Logistics With Push
As india speedily takes the shape of a massive e-commerce marketplace, the numerous possibilities are bound to leave customers spoiled for choices. in such scenario, logistics will be widely regarded as a crucial piece of a successful retailer’s business plan.