In­dian For­warders will wit­ness up­turn in 2013: Sharma

With a sharp de­cline in ex­ports in var­i­ous fields ow­ing to a slow down in domestic man­u­fac­tur­ing and weak de­mand from ma­jor mar­kets, there was a low growth which has been pegged at 5.8 per cent dur­ing the cur­rent fis­cal year. SL Sharma, founder, Sky­ways G

Cargo Talk - - Forwarding & Logistics -

Sharma feels that the Government has al­ready taken some ini­tia­tives in the For­eign Trade Pol­icy which will take lit­tle time to bear fruit and the in­dus­try can hope for some growth in the sec­ond half of 2012-2013. “The Government should look into the cost of credit which is ad­versely im­pact­ing ex­port and man­u­fac­tur­ing,” he said. He main­tained that the government must con­tinue to look into the need for im­prov­ing lo­gis­tics in­fra­struc­ture across the coun­try, so that In­dian ex­porters can com­pete with their overseas com­peti­tors. “Im­prove­ment in roads, ports, air­ports, etc., di­rectly im­pact the in­dus­try by fa­cil­i­tat­ing smooth move­ment of in­bound and out­bound goods,” he ex­plained.

Ac­cord­ing to Sharma, last cou­ple of years have been chal­leng­ing for the global busi­nesses. He, how­ever, ob­served that the up­ward swing, though very slow, has al­ready started and with the re­quired re­forms, In­dia’s growth will get a de­cent boost in the near fu­ture.

Strate­gies adopted

Com­ment­ing on the strate­gies of Sky­ways to stay afloat, Sharma shared, “We had an­tic­i­pated the year 2012 to be a slow one and planned strate­gies based on this as­sump­tion. Since mid 2011, we have been di­ver­si­fy­ing our com­pany strat­egy and en­ergy in var­i­ous prod­ucts and ver­ti­cals of Lo­gis­tics. This spread helped us to grow in 2012.” With spe­cial ef­forts in im­ports, ocean freight and ex­hi­bi­tion han­dling Sky­ways was able to grow this year over the pre­vi­ous one. “We in­tend to fur­ther make in­roads in th­ese prod­ucts in 2013 while keep­ing the growth tar­gets in place of our key strength – air­freight ex­ports,” he added.

Road Ahead

Sky­ways is plan­ning to spread its foot­prints in 3-4 more cities in In­dia in 2013. The com­pany has al­ready ini­ti­ated its in­ter­na­tional plans by open­ing an of­fice in Ger­many. “We in­tend to strengthen our pres­ence in Ger­many and will fur­ther cre­ate Sky­ways foot­print in an­other coun­try in 2013. We will also strive to cre­ate a 3PL ver­ti­cal as well,” Sharma in­formed.

Sharma was of the opin­ion that In­dian freight for­warders are poised to play the greater role and the re­cently con­cluded 39th ACAAI Con­ven­tion Is­tan­bul was a great help in this re­gard. At this con­ven­tion, they not only got an op­por­tu­nity to ex­change ideas among them­selves but also in­ter­acted with lo­gis­tics com­pa­nies in Is­tan­bul for ex­plor­ing busi­ness tie-ups.

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