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.
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Denne historien er fra November 21, 2023-utgaven av Outlook.
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Layers Of Lear
Director Rajat Kapoor and actor Vinay Pathak's ode to Shakespeare is an experience to behold
Loss and Longing
Memories can be painful, but they also make life more meaningful
Suprabhatham Sub Judice
M.S. Subbulakshmi decided the fate of her memorials a long time ago
Fortress of Desire
A performance titled 'A Streetcart Named Desire', featuring Indian and international artists and performers, explored different desires through an unusual act on a full moon night at the Gwalior Fort
Of Hope and Hopelessness
The body appears as light in Payal Kapadia's film
Ruptured Lives
A visit to Bangladesh in 2010 shaped the author's novel, a sensitively sketched tale of migrants' struggles
The Big Book
The Big Book of Odia Literature is a groundbreaking work that provides readers with a comprehensive introduction to the rich and varied literary traditions of Odisha
How to Refuse the Generous Thief
The poet uses all the available arsenal in English to write the most anti-colonial poetry
The Freedom Compartment
#traindiaries is a photo journal shot in the ladies coaches of Mumbai locals. It explores how women engage and familiarise themselves with spaces by building relationships with complete strangers
Love, Up in the Clouds
Manikbabur Megh is an unusual love story about a man falling for a cloud. Amborish Roychoudhury discusses the process of Manikbabu's creation with actor Chandan Sen and director Abhinandan Banerjee
