Do you see fu­ture of lo­gis­tics mar­ket of the au­to­mo­tive industry in In­dia?

Cargo Talk - - Shipper’stalk -

The au­to­mo­tive industry can be broadly seg­mented into fin­ished prod­ucts like cars, trucks and other au­to­mo­tive com­po­nents. The au­to­mo­tive com­po­nents can be fur­ther seg­mented as per in­bound lo­gis­tics, that is com­po­nents re­quired for as­sem­bly of a ve­hi­cle and out­bound lo­gis­tics, mostly as spare parts for af­ter sales re­quire­ments. The industry is bullish on ve­hi­cle sales grow­ing in the com­ing five years. Com­mer­cial ve­hi­cle sales are a barom­e­ter to read the cor­rect sit­u­a­tion of the In­dian econ­omy. The ‘Make in In­dia’ project and in­vest­ments in in­fras­truc­ture and manufacturing will spur the de­mand, which will call for more trans­porta­tion needs for ma­te­rial and goods.

Re­spon­sive and skilled man­power, au­to­ma­tion in ware­hous­ing, telem­at­ics in trans­porta­tion, road in­fras­truc­ture, re­li­able ser­vices of 3PL and trans­porters, stor­age and han­dling in­ef­fi­cien­cies are cer­tain bot­tle­necks faced by the lo­gis­tics sec­tor.

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