India’s Logistics sector braces for its next big chapter, with the help of government reforms and integration of technology this highly fragmented sector looks beyond its traditional distribution-oriented approach allowing it to be a truly holistic entity.
The last year and half has been filled with ups and downs that took us all by surprise! Decisions, policy regulations and referendums have had across-the board consequences on the way we conduct our business. Whether it was the government’s decision to demonitise Rs 500 and Rs 1,000 currency notes or at the global front the vote in favour of Brexit and Donald Trump — pathbreaking decisions have already started showing its effect on the global and national economies as well as on the social paradigms.
On the e-commerce front, there have been significant investment and value-add for the Indian logistics sector propelling the industry and further solidifying its position as one of India’s key market. Moreover, with changing consumption patterns, an increase in disposable income, rise in Internet penetration all these factors add to the growth story of India’s e-commerce sector; and since e-commerce and logistics work in tandem this growth shall result in the emergence of a robust logistics market.
Logistics – an indispensable element
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