The logistics industry in India is equipped with large number of unorganized players.
While there is a need for the highly fragmented Indian logistics market to get more organised,
So, it is required to reduce logistics cost to 10 per cent by 2022 from about 14 per cent now.
The Indian logistics industry has been gaining traction in the last few years and plays
It plays a very important role in facilitating trade and thereby propelling the growth of the Indian economy.
The logistics industry in india, considered to be the lifeline of the country, holds unprecedented importance.
Because it connects various markets, suppliers and customers dotted across the country.
It has now been firmly embedded as an integral part of the national GDP value chain.
The growth in logistics sector is expected to be driven by increasing penetration of products into more cities and towns.
In addition, the demand for value-added services from consumers provides opportunities for the industry players to elevate themselves to more strategic roles.
However, a significant economic fallout due to the novel coronavirus will result in slowing down the growth across the country’s highly fragmented and unorganized logistics landscape.
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About Arun Pandit
, Arun Pandit is one of the youngest members of the FICCI National Committee on Logistics .
And, he is also a member of the “Young Leaders Council ” at A.I.M.A.
Arun Pandit has met more than 600+ CXO / Logistics decision-makers and
Also Onboarded more than 225+ clients for FTL , PTL, DV & SAAS based logistics solutions across India.
He has worked pan India across multiple sales and marketing roles with organizations like Trux App , RPG Group , CEAT , PayUMoney and BlackBuck .
Arun Pandit doubles up as the Chief Encouragement Officer of “Don’t Give Up World.com ®
Eventually, it is one of the Biggest not for profit Motivational Website and Community in India.