Up and buoy­ant

Cargo Talk - - Report -

The lo­gis­tics mar­ket in In­dia is ex­pected to be worth US$307 bil­lion by 2020. But the coun­try’s lo­gis­tics cost is not at all cost com­pet­i­tive. And that is why the in­dus­try is not de­liv­er­ing ser­vices that the vet­er­ans are will­ing to change. Lo­gis­tics is a sun­rise in­dus­try but if nec­es­sary steps are not taken to re­duce the cost, the in­dus­try won’t be able to per­form the way it could.

In the month of May, the world’s big­gest, long­est and heav­i­est air­craft with the max­i­mum speed of 850 km/ph landed at Hy­der­abad air­port which def­i­nitely sig­ni­fies the growth of the in­dus­try. The global or­gan­i­sa­tion En­vi­ro­tainer has its foot­prints in Delhi now.

There is a ris­ing trend of start-ups as they re­alise the po­ten­tial of the in­dus­try and are in­vest­ing hugely to im­prove the over­all op­er­a­tional ef­fi­ciency and mak­ing prof­its too. On the rail­ways front, the gov­ern­ment is tak­ing ini­tia­tives to at­tract more cargo and re­duce car­bon emis­sion. This Ro-Ro ser­vice, where loaded trucks would be moved on the flat rakes to avoid con­ges­tion on roads, is aimed at get­ting back the freight which rail­ways has lost to roads.

The in­dus­try is mak­ing its ef­forts on the skill front too. What they be­lieve is noth­ing can be achieved if the work­force doesn’t have the tal­ent or abil­ity to know how to do the work. Narot­tam Mo­rar­jee In­sti­tute of Ship­ping (NMIS) has launched the post grad­u­ate diploma course in Delhi for those keen on choos­ing lo­gis­tics as a ca­reer op­tion. CII is also col­lab­o­rat­ing with var­i­ous uni­ver­si­ties and lo­gis­tics com­pa­nies to pro­duce more pro­fes­sion­als.

And on th­ese lines, we need to keep on think­ing of new meth­ods and ideas to make this in­dus­try more vi­brant and re­source­ful.

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