Transforming India's Logistics: Technology and Sustainability at the Forefront

India's logistics sector

India's logistics sector is recognised for its pivotal role in driving economic growth and enhancing global trade competitiveness. Initiatives such as the Prime Minister's Gati Shakti Plan and the National Logistics Policy are pivotal in streamlining operations, positioning India as a frontrunner in efficient cargo movement. Logistics companies underscore the importance of fostering an efficient and resilient industry with robust multimodal connectivity, embracing cutting-edge digital technologies, and implementing sustainable practices. These initiatives are anticipated to drive increased demand for India’s logistics sector, contributing significantly to the country's GDP growth, projected to reach $6 trillion by 2030. Inputs By:

KK Agarwal, Chairman and Managing Director, CJ Darcl Logistics Ltd.

CJ Darcl Logistics Ltd.
The logistics landscape in India is undergoing a transformation driven by technological advancements, supply chain transparency, and robust infrastructural frameworks. Initiatives such as PM Gati Shakti and the National Logistics Policy highlight a strategic shift towards reducing costs and enhancing efficiency. We recognize the pivotal role of technological integration and sustainable practices in transforming India's logistics landscape by streamlining operations, elevating productivity, refining handling processes, and enhancing forecasting accuracy. The announcement of Railway Economic Corridors during the interim budget of 2024 signifies a crucial step towards enhancing connectivity and reducing costs in logistics. This holistic perspective will not only aid in economic growth but also set a sustainable trajectory for the future of logistics in India. Together, we can shape a resilient logistics sector that not only meets current demands but also anticipates and adapts to future challenges.

Nitin Navneet Tatiwala, VP of Marketing and Airline Networks, MEISA

MEISA
Guided by the ‘Viksit Bharat 2047’ roadmap and a ‘whole-of-government’ approach, infrastructure development in key economic zones is set to strengthen significantly. Initiatives such as the Prime Minister’s Gati Shakti Plan and the National Logistics Policy streamline operations, position India as a leader in efficient cargo movement. Ranked 38th globally in the World Bank's Logistics Performance Index Report (2023), India's logistics sector plays a central role in its economic resurgence, with projected growth to USD 591 billion by FY27.

The logistics industry has evolved with a customer-centric approach, driven by analytics, real-time data, and AI, ensuring seamless deliveries, supporting SME integration into global supply chains, and enhancing trade through optimized routes, reduced fuel consumption, and increased customer satisfaction. Our technologies like FedEx Surround Select and SenseAware® offer real-time visibility, while FedEx Dataworks uses analytics and machine learning to optimize networks. Our investments in AI and robotics enhance productivity and safety, creating resilient supply chains. With a USD 100 million investment in the Advanced Capability Community and collaborations with IIT Bombay and IIT Madras to establish Centers of Excellence, we are committed to driving industry-wide transformation. These efforts aim to build smarter supply chains, enabling our customers to thrive and contributing to India's goal of achieving a USD 5 trillion economy by 2025.

Ketan Kulkarni, Chief Growth Officer, Allcargo Group

Allcargo Group
The rollout of the PM Gati Shakti National Master Plan, National Logistics Policy, and Unified Logistics Interface Platform represents significant policy moves by the Central government. As a result, India has climbed from the 44th to the 38th position out of 139 nations in 2023. The industry is now poised for the next phase of growth. To unlock its potential, the sector requires sustained policy support and increased capital expenditure in transport and digital infrastructure development. This will pave the way for the deployment of new-age technology for better capacity utilization and mobilization.

As India emerges as a global manufacturing hub and the domestic e-commerce sector grows at a rapid pace, a broad-based distribution network and end-to-end supply chain visibility are crucial to meet the growing logistics transportation demand, both domestically and globally. Therefore, the logistics sector must be empowered to innovate and thrive in an increasingly complex logistics and supply chain ecosystem, especially in an interconnected world.

Vineet Agarwal, Managing Director, TCI Ltd

TCI Ltd
With over 65 years of experience in India's logistics industry, TCI recognizes the critical role that logistics plays in connecting people, businesses, and communities. While the United States celebrates National Logistics Day, we believe it is time for India to similarly honour the invaluable contributions of the logistics sector. Employing over 22 million individuals, the logistics industry is a cornerstone of our economy. By designating a day to celebrate logistics in India, we can properly acknowledge the dedication of these professionals. This recognition was duly emphasized during the COVID-19 pandemic, as logistics became the lifeline of humanity, underscoring the significance of innovation and excellence in propelling economic growth. Through this endeavor, we aim to ensure that logistics and supply chain management remain boardroom topics. At TCI, we are committed to establishing new benchmarks in logistics, ensuring seamless trade, and fostering sustainable development.

Zaiba Sarang, Co-founder, iThink Logistics

iThink Logistics
Logistics has truly become the backbone of the booming e-commerce sector, driving growth and enabling businesses to thrive. The National Logistics Policy has played a pivotal role in streamlining operations and enhancing the sector's capabilities. We are committed to innovation and efficiency, ensuring seamless deliveries and supporting businesses in reaching new heights. In an ever-evolving industry, our focus on cutting-edge technology and customer-centric solutions empowers businesses to navigate challenges with ease. Here’s to the unsung heroes of logistics who make it all possible and drive the growth of e-commerce globally. Together, we are shaping the future of logistics.

Akash Gupta, Co-Founder & CEO, Zypp Electric

Zypp Electric
As the backbone of the booming e-commerce sector, logistics plays a crucial role in connecting businesses to consumers, facilitating the swift and reliable delivery of goods. We are focused on electrifying logistics, ensuring not only the growth of the industry but also its sustainability. We are proud to be fulfilling over 5 million deliveries every month through our 22,000+ electric vehicles. By adopting innovative technologies and green logistics solutions, we can meet the growing demands of e-commerce while contributing to environmental sustainability. Today, I also salute every unsung hero—our gig workers who work tirelessly to enable logistics in India.

Vinay Patil, VP of Business Development at KSH Logistics

KSH Logistics
India is a young country, and we have witnessed rapid e-commerce growth in recent years. The aspirations of Indians can only be fulfilled by quick and smart logistics. Every industry, whether B2B or B2C, is increasingly reliant on e-commerce. Efficient logistics are essential to support this booming sector, ensuring timely deliveries, reducing costs, and enhancing customer satisfaction. A comprehensive national logistics policy will streamline processes, reduce inefficiencies, and ultimately support the continued growth and development of India's economy.
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