TCI catering to diverse industry verticals

“There is rising demand from both the consumer and the business side of supply chains logistics, hence, opportunities for expanding warehouses are lucrative but they come at the cost of upfront investment and also have inherent risks.”

Spokesperson, Transport Corporation of India

Challenges
Expanding warehouses to Tier-2 and Tier-3 cities comes with a fair share of challenges, especially for the latter. While Tier-2 cities have started seeing a rise in demand, there is still a long way to go to be at par with urban centers. The infrastructure development in these cities is evolving at an unprecedented speed. Moreover, with various Smart City projects, finding suitable land as well as complying with the necessary local regulations, is a challenge.

Upgrading warehouse centers in these areas would require significant investment in sustainability and modernization methods. Another challenge foreseen is attracting and retaining skilled labour in these areas.

📅 Published on: 21 November 2023
📖 Published in: LIFTING & SPECIALIZED TRANSPORT, NOVEMBER u2013 DECEMBER 2023
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