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Logistic and Shipping Market Research Report By Kenresearch


Ken Research provides comprehensive market research reports covering the logistics and shipping industry. – PowerPoint PPT presentation

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Title: Logistic and Shipping Market Research Report By Kenresearch

Logistic and Shipping Market Research Report By
Ken Research
Blooming Indian Logistics and Shipping Industry
Looking into the economy of India, logistics
and shipping industry has evolved as one of the
fastest growing industry. These services provides
variety of trade benefits like material
processing, product handling, transportation,
inventory management, warehousing, providing
inputs of production, etc. With growing domestic
and international trade, demand for logistics and
shipping services is thriving tremendously in
past few years.
Firms which earlier used to perform these
activities by themselves are now outsourcing for
which many IT firms, new startups and business
ventures, cargo firms, freight carrier firms,
etc. are introduced in Indian economy every
single day making shipping and logistics industry
a billion dollar industry in India. Major
Transportation Mode Used Indian government is
focused on infrastructure development to make
logistics and shipping industry a facilitator of
growth. Government is focusing on development of
roads since a large chunk of freight interchange
in India takes plays through roadways via trucks.
Thus, to facilitate easy transportation and
creation of north-south corridors, east-west
corridors, Central Road Fund has been undertaken.
Further, railways are extensively used as an
inexpensive mode of transportation of bulky
consignments. Government is aiming at development
of railways for smooth and easy freight
transportation. Further, many projects for
development of seaports and airports has also
been undertaken to facilitate growth in logistics
and trade industry.
  • Key Drivers of Growth
  • Major factors that have led to mind boggling
    growth in the industry are given below
  • Now companies are appreciating the crucial role
    played by sophisticated logistics and shipping
    services in minimizing costs and escalating
    saving. Demand for advanced and expert logistics
    and shipping services is increasing with rising
    complications of supply management, rising
    competition, greater interlinkages between
    economies, explosion in product diversity,
    reduction of life span of the product.
  • Due to sky high demand from consumers and cost
    tension, firms are becoming extremely competitive
    and rivalrous. Thus to dominate the market and
    distinguish themselves from others firms,
    companies are using better logistics and shipping
    services for timely delivery, return pickups,
    improved inventory organization, etc. in order to
    ensure maximum consumer satisfaction and revenue.

  • With greater globalization and rising
    interlinkages between economies, demand for
    logistics and shipping services is also rising
    which ensures timely delivery, proper market
    penetration, well-organized supply chain
    management laden to efficient global trading.
  • Evolving online trading and e-commerce industry
    has provided a boost to logistics and shipping
    industry. Many Indian online retail websites like
    Jabong, Flipkart, Amazon, etc. is making optimum
    use of the services for efficient trade and fast
  • Government is also playing an important role in
    promoting the industry. Relaxation in trade laws,
    greater amount of public investment in building
    infrastructure, permitting privatization of
    infrastructure industry are contributing
    significantly in enlargement of logistics and
    shipping industry.
  • Fast paced growth has been witnessed in the
    logistics and shipping industry and is expected
    to grow even more in future. However, the
    industry still lacks maturity and
    sophisticationdue to absence of proper

To know more on coverage, click on the link
below https//www.kenresearch.com/automotive-tra
/SC-100-45.html Contact Ken Research Ankur
Gupta, Head Marketing Communications query_at_kenre
search.com 91-124-4230204
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