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Logistics to witness multifold growth ahead

Logistics to witness multifold growth ahead

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Indian logistics sector is presently estimated to be worth around $160 billion and is poised to grow phenomenally over the next two years and reach a size of $215 billion by 2020. The road logistics sector plays an important role in facilitating economic activity and trade in any country and its importance in developing countries like India can never be underestimated.

Over the past few years, the freight transportation sector in India has been the key beneficiary of government’s reforms cycle. From GST implementation and E-Way Bills to awarding infrastructure status, the sector has witnessed series of developments, which are gradually driving efficiency in the entire logistics ecosystem.

Road logistics sector plays an important role in facilitating economic activity and trade in any country and its importance in developing countries like India can never be underestimated.

Infrastructure for warehousing and logistics is very poor. However, with the advent of GST and implementation of GST regime; things are looking quite upbeat. Companies have started investing hugely in warehouse space and logistics. This has promising views on upcoming technology and advancements in this sector.

There is a clear need to add manufacturing capacities in the manufacturing automation and logistic warehousing sector. The industry is moving towards increasingly sophisticated entrance automation solutions like high speed doors, automated rolling shutters, loading bay solutions, hangar and garage doors, sectional overhead doors etc. driven by demand from key user segments such as automobiles, consumer durables, aerospace, pharmaceutical, food, construction, industrialization etc. To derive long-term benefits, entrance automation manufacturers should develop capabilities to cater to this demand and promote greater investments in this sector.

Challenges here are sustainability and access. The opportunities for the industry with automation is to maintain an efficient production cycle, safe inventory, cutting-edge technology, speed of movement, functionality and safety- are the must-haves for this line of Gandhi Automations products. If we add the high quality of personalisation and design, they become unique elements necessary for daily logistics operations and for the visibility of customer identity.

Additionally, the products can be installed either on new fixed /retractable warehouses, or integrated into already existing ones.

Author details:
Kartik Gandhi,
Director,
Gandhi Automations
www.geapl.co.in

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