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India Logistics Sector Outlook
The logistics market of India has emerged as one of the most attractive market in the world. The positive economic environment in India has been pushing the demand for services such as warehousing, transportation, express cargo delivery, shipping services, container services, etc. as the freight volume is increasing significantly year- over- year along with the economy. In India, logistics is a critical factor for the growth of agriculture, manufacturing and service sectors and even in future the growth of all these sectors would be impacted by the availability of logistics.
Despite the fact that the logistics is the pre-requisite for the development of economy, this sector in India has been maligned with several drawbacks such as high cost, dominance of unorganized sector, lack of modernization, poor infrastructure, complex tax structure etc. due to which the logistics industry in India has not been able to achieve its true potential. But gradually this picture is anticipated to change as the Indian Government has started taking the positive initiatives such as investing in infrastructure, 100 percent FDI, etc. The increased ...
... willingness of big domestic and global players in the logistics market of India would also change the dynamics of logistics industry in near future. The future growth of the logistics market of India would be boosted further, if the Government of India would be able to implement its ambitious plan of replacing the “Central Sales Tax” (CST) by the “Goods & Service Tax” (GST) structure successfully. http://www.bharatbook.com/logistics-market-research-reports/india-logistics-sector-outlook-2018.html
As per the recently published report India Logistics Sector, Outlook: 2018 the logistics market of India is projected to reach at US $ 178 by 2018 by growing at a 10.5% CAGR during the years 2013-2018. Even though there is already a cut throat competition in the logistics market of India as there are large number of players which are catering the demand, but the new big corporate players are anticipated to join the market as this market is expected to expand further. This would increase the share of organized players in the logistics market of India by a small margin but the small and organized players are expected to remain dominant in future too.
The organized players would have the upper over the unorganized players as the MNCs which are present in India are likely to prefer the organized players over their counterparts for their logistics requirements. This is due to the fact that the organized players are more capable of managing the complex supply chain which is required for the distributing and storing the goods in domestic as well as in the foreign markets. The logistics market of India has emerged as one of the most attractive market in the world. The positive economic environment in India has been pushing the demand for services such as warehousing, transportation, express cargo delivery, shipping services, container services, etc. as the freight volume is increasing significantly year- over- year along with the economy. In India, logistics is a critical factor for the growth of agriculture, manufacturing and service sectors and even in future the growth of all these sectors would be impacted by the availability of logistics.
Despite the fact that the logistics is the pre-requisite for the development of economy, this sector in India has been maligned with several drawbacks such as high cost, dominance of unorganized sector, lack of modernization, poor infrastructure, complex tax structure etc. due to which the logistics industry in India has not been able to achieve its true potential. But gradually this picture is anticipated to change as the Indian Government has started taking the positive initiatives such as investing in infrastructure, 100 percent FDI, etc. The increased willingness of big domestic and global players in the logistics market of India would also change the dynamics of logistics industry in near future. The future growth of the logistics market of India would be boosted further, if the Government of India would be able to implement its ambitious plan of replacing the “Central Sales Tax” (CST) by the “Goods & Service Tax” (GST) structure successfully.
The organized players would have the upper over the unorganized players as the MNCs which are present in India are likely to prefer the organized players over their counterparts for their logistics requirements. This is due to the fact that the organized players are more capable of managing the complex supply chain which is required for the distributing and storing the goods in domestic as well as in the foreign markets.
Table of Contents
1. Report Synopsis
2. Global Logistics Market Outlook
3. India Logistics Market Overview
3.1. Market Value
3.2. Market Segmentation by Components
4. India Freight Transportation Market Overview
4.1. India Air Cargo Market Outlook
4.1.1. Market Volume
4.1.2. Market Value
4.1.3. Market Segmentation
4.1.3.1. By Company
4.1.3.2. By Cargo Type (Belly Cargo Vs Freighter Cargo)
4.1.3.3. By Airport’s Traffic
4.1.4. Key Opportunities
4.1.5. Major Challenges
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