Storing the future of India
Warehouses are an integral part of any supply chain and logistics industry. The Indian warehousing sector is progressively getting redefined from the traditional concept of ‘Godowns’ to modern day automated set-ups. On the demand and supply side of the warehousing sector, recognising the need for better services and mass customisation, logistic companies look towards modern techniques and data management systems to attain more efficiency and smarter fulfilment. There had been lack of sustained investment in the warehousing sector in India. The private sector initiatives were small and sporadic. Besides, most of the private sector warehousing capacities available in the country are inadequate, small, fragmented and do not meet the requisite infrastructure standards. The cover story of this issue highlights the challenges and opportunities of the warehousing sector in India and provides an analysis of the current situation. In order to highlight the views on issues related to warehousing development in India, we spoke to a few industry stakeholders. Few government initiatives, such as an apparent consensus to stop the impasse on the ‘Land Reform Bill’ and relaxations in the existing SEZ policy, announced in the Foreign Trade Policy Supplement for 2013-14, are likely to boost the industry. The role of CRWC in providing the facility of the full train warehouse with the capacity of five to six train loads, attracting traffic to railways and fast turnaround of wagons has helped the stakeholders, especially during hostile weather conditions, traffic restrictions on roads, non-existent facilities for offloading in late night hours and non-availability of adequate trucks and labour. The Managing Director of CRWC has shared more such information and new initiatives taken by them in his interview. Read about national and international news related to the cargo industry in our news-in-brief section. A National Conference on ‘Smart Supply Chains’, organised by PHD Chamber of Commerce and Industry, highlighted the current developments and major challenges in the field of sourcing and supply chain and discussed the way forward for the Indian logistics industry. Find out what initiatives are taken by the Indian Institute of Logistics to meet the need of the industry for specialised services in this sector. And last but not the least, do not miss to read the article on how Air Cargo is transforming the daily lives of people worldwide, authored by IATA’s Director General and CEO, Tony Tyler.