With the focus on Make in India, the industrial and logistics (I&L) sector is on the brink of unprecedented growth with large conglomerates establishing their production and warehousing centres in India. As the nation embraces accelerated urbanisation and a thriving e-commerce ecosystem, the I&L sector is poised to power the country's next chapter of growth. The development of the sector is mostly dependent on India's major cities. Some of the most significant ports, airports and industrial zones in the nation are located in these cities. They are also important centres for transportation and production, which makes them the perfect places for businesses to open offices.
Industry experts say that the rise of e-commerce businesses in the past couple of years contributed substantially to the growth of the I&L sector. "The growth of I&L sector is definitive, and this will transcend the core markets, enabling the sector to expand its footprints across the country," says Abhishek Bhutani, MD, Ahmedabad and logistics & industrial, Cushman & Wakefield.
Dr Niranjan Hiranandani, national chairman, NAREDCO points out, "Following the Covid-19 epidemic, the Indian I&L sector has experienced a paradigm shift in consumer behaviour and demand patterns. Companies are adopting digital solutions to reduce costs and improve efficiency. As a result of workforce migration, increased disposable income, and ease of purchasing and in-time delivery, there has been an increase in the number of in-house warehouse facilities and dark stores near consumer markets."
Denne historien er fra November 21, 2023-utgaven av Outlook.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 21, 2023-utgaven av Outlook.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Trump's White House 'Waapsi'
Donald Trump's victory in the US presidential election may very well mean an end to democracy in the near future
IMT Ghaziabad hosted its Annual Convocation Ceremony for the Class of 2024
Shri Suresh Narayanan, Chairman Managing Director of Nestlé India Limited, congratulated and motivated graduates at IMT Ghaziabad's Convocation 2024
Identity and 'Infiltrators'
The Jharkhand Assembly election has emerged as a high-stakes political contest, with the battle for power intensifying between key players in the state.
Beyond Deadlines
Bibek Debroy could engage with even those who were not aligned with his politics or economics
Portraying Absence
Exhibits at a group art show in Kolkata examine existence in the absence
Of Rivers, Jungles and Mountains
In Adivasi poetry, everything breathes, everything is alive and nothing is inferior to humans
Hemant Versus Himanta
Himanta Biswa Sarma brings his hate bandwagon to Jharkhand to rattle Hemant Soren’s tribal identity politics
A Smouldering Wasteland
As Jharkhand goes to the polls, people living in and around Jharia coalfield have just one request for the administration—a life free from smoke, fear and danger for their children
Search for a Narrative
By demanding a separate Sarna Code for the tribals, Hemant Soren has offered the larger issue of tribal identity before the voters
The Historic Bonhomie
While the BJP Is trying to invoke the trope of Bangladeshi infiltrators”, the ground reality paints a different picture pertaining to the historical significance of Muslim-Adivasi camaraderie
