Fos­ter­ing in­no­va­tion

Our es­teemed award win­ners share their view on how suit­able the coun­try’s en­vi­ron­ment is for start-ups. They talk about im­prove­ments and changes that will help nar­row the gap be­tween de­mand and sup­ply of tal­ent.

Cargo Talk - - Award Talk -

CT Bureau Best Lo­gis­tic Ser­vice Provider (North & East, 2017) : Sam­park In­dia In­vest­ment in R&D not up to the mark

San­jay P Rathi, Man­ag­ing Di­rec­tor, Sam­park In­dia, says, “For the health of start-ups in In­dia, I would re­fer to the Net­worked Readi­ness In­dex, which de­picts that In­dia’s global rank­ing dropped to 91 in 2016 from 69 in 2013, ac­cord­ing to a re­port co-au­thored by the Euro­pean Busi­ness & Tech­nol­ogy Cen­tre and the In­dian Coun­cil for Re­search on In­ter­na­tional Eco­nomic Relations. Though this does not in­di­cate that In­dia’s po­si­tion is de­te­ri­o­rat­ing, it does mean that the coun­try isn’t im­prov­ing its readi­ness com­pared to other coun­tries, the re­port said.” He adds that in­no­va­tion is not pos­si­ble with­out in­vest­ment in re­search and in In­dia, in­vest­ment in this field is just 0.79 per cent of the GDP com­pared to around four per cent in­vested by coun­tries like Swe­den, Den­mark, and Fin­land. “Re­sul­tantly, though the coun­try has in­tro­duced sev­eral pol­icy ini­tia­tives, there re­main some chal­lenges. Un­like other coun­tries, In­dia does not have any poli­cies to at­tract for­eign start-ups. Other is­sues in­clude low tech­nol­ogy pen­e­tra­tion in ru­ral ar­eas, qual­ity of com­mu­ni­ca­tion and broad­band ser­vices, and skill short­age,” he con­cludes.

Fastest Grow­ing Freight For­warder - Air (North & East, 2017): Cargo Part­ner Lo­gis­tics In­dia In­dus­try geared up, but new­com­ers lack zeal

Ravinder Katyal, Di­rec­tor Air Cargo & Head of Co-load, In­dian Sub­con­ti­nent, Cargo Part­ner Lo­gis­tics In­dia, says, “The present govern­ment has given a boost to start-ups, but this ini­tia­tive has been suc­cess­ful in other sec­tors and not in sup­ply chain or aviation. Not much en­thu­si­asm has been no­ticed in the new­com­ers for the ship­ping and lo­gis­tics sec­tor. Our in­dus­try is still strug­gling to re­ceive young tal­ent.” He feels that In­dia is geared up with tech­nol­ogy and ed­u­ca­tion so­lu­tions, and a num­ber of pri­vate and govern­ment uni­ver­si­ties do pro­vide cour­ses in sup­ply chain, but yearn­ing from young­sters is still miss­ing. “We, as an in­dus­try, need to cre­ate that aware­ness and pas­sion in the youth to at­tract tal­ent for this in­dus­try. Also, we are the fastest grow­ing aviation in­dus­try and re­quire huge skilled man­power spe­cially to help this sec­tor and the econ­omy grow in years to come,” he con­cludes.

Emerg­ing Sea Freight For­ward­ing Com­pany (West & South, 2017): Nath­leela Lo­gis­tics In­dia is poised to ac­cept any tech­nol­ogy

Capt. Su­nil A Nar, Ex­ec­u­tive Di­rec­tor – Commercial, Nath­leela Bulk Car­ri­ers, says, “In­dia is very lu­cra­tive in terms of start-ups, and the present govern­ment’s sup­port­ive poli­cies are also a big boost. Lo­gis­tics is one sec­tor where the govern­ment is work­ing to­wards mak­ing In­dia bet­ter in rail, sea freight, and road move­ment; a project like DMIC (Delhi-Mumbai In­dus­trial Cor­ri­dor) for the move­ment of cargo on a ded­i­cated rail line so as to re­duce freight cost and fur­ther de­velop In­dia as an in­dus­trial hub is one such ex­am­ple. Ports are de­vel­op­ing through pub­lic-pri­vate part­ner­ships for bet­ter con­nec­tiv­ity with in­dus­tries. Com­pa­nies like Ama­zon, Flip­kart, and Wal­mart are in­vest­ing in ware­houses/hubs for quick transport of goods in In­dia, as they are plan­ning to cap­ture the huge on­line mar­ket. With one bil­lion cell phones in hand along with cheaper in­ter­net fa­cil­ity, In­dia is poised to ac­cept any tech­nol­ogy.”

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