The Next Big Thing in Logistics Companies in India

 

logistics companies in india

India is considered to have the fastest-growing economies in the world. It also has an incredible potential for growth in almost every sector. The backbone of development, logistics companies in India are the future trends of the growing economy. 

However, last year’s pandemic and lockdown proved to be lasting times for several businesses, including transportation company in India. The challenges experienced by this sector give rise to the urgent need of creating a sturdy and relevant infrastructure. They have to look for scenarios that can resist the unexpected disruption and are buoyant enough to adapt and fight back the situation. 

Luckily, with the help of these strategies, the Warehousing Services in India is now stable and have made short-term adjustments to meet the demands of their customers appropriately. Thus, it is time for them to reorganize the strategies for the long run.

Though you are aware of the Introduction to End-to-end Warehousing Solution in India, it is time for you to explore the next big thing in top warehousing companies in India. 

Future Of Logistics Companies in India

Cold Supply Chain

According to the Indian Cold Chain Industry Outlook 2022, it is expected that the Indian Cold Supply Chain Sector will grow up to 17 to 18 percent by 2022. It is because the demand for cold chains has dramatically increased. Industries like pharma and hotels want cold storage to store vaccines and seafood and meats. 

Furthermore, the growing ecommerce market for FMCG, dairy, meat, and fish, have also changed the whole outlook of top warehousing companies in india. According to IMARC Services, today, healthcare products hold a share of 3.6 percent in the Indian cold chain market and are expected to rise by around 6 percent by the end of 2021. 

Increased Use Of Warehouse Automation

Before the pandemic, the Warehousing Services in India uses labor-intensive techniques and haven’t felt the need for new technologies. However, the rules for the pandemic like social distancing and safety protocols made the warehousing sector automate their services and decrease human dependency. They were asked to work seamlessly with a minimal workforce. 

Development Of 3PL and 4PL Providers

For robust logistics companies in India, ability, speed, and mobility play a crucial role. So, 3PL and 4PL are the only preferences for the development of these sectors in 2021. Not only manufacturing but sectors are also finding them beneficial for their development. 

Also, the evolution of transportation companies in India has impacted those industries waiting for the opportunity to bounce back from the loss they suffered during the pandemic. Additionally, according to the forecast period of 2020-2025, the Indian 3PL is expected to grow up to 11.5 percent with focusing sturdily on value-driven services that tend to satisfy the needs of the customers.

FAQs

  1. What is the meaning of end-to-end supply chain?

The end-to-end supply chain means integration of the entire process like product designing, procurement of raw materials, scheduling process, production, and the final delivery of the finished product. Then the process is extended further to after-sales services and reverse logistics that solely depends upon the nature of the business. 

  1. What are the two basic types of warehouses?

The two basic types of warehouses include:

Public Warehouse – these warehouses are generally owned by companies and offer their services for a particular time frame. An organization can hire a public warehouse based on short-term and long-term contracts. The payments involved in these types of warehouses are storage fees, transaction entries, and sometimes outbound charges too.
 
Private Warehouse – A private warehouse is owned by a company that focuses only on production and distribution operations.

Source URL: https://bit.ly/39mGLuM

Location: India

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