Sunday 22 12 2024 07:53:42 PM

Office Address

123/A, Miranda City Likaoli Prikano, Dope

Phone Number

+0989 7876 9865 9

+(090) 8765 86543 85

Email Address

info@example.com

example.mail@hum.com

Warehousing plays a pivotal role in modern logistics and supply chain management. Here are some key points about warehousing today: co-pilot
Warehouse
Dr.G.R.Balakrishnan Mar 13 2024 Logistics (Warehouse)

Warehousing plays a pivotal role in modern logistics and supply chain management. Here are some key points about warehousing today: co-pilot

Industry Growth in India:

The Indian warehousing industry is experiencing significant growth. Factors driving this expansion include:

Rising consumer demand.

The surge in e-commerce activities.

Investments in manufacturing.

By 2026, the cumulative supply of warehousing space in India is expected to reach 516 million square feet

Technology-Driven Warehousing:

In the e-commerce industry, warehousing and fulfillment centers have become critical stages of the logistics cycle.

Modern warehousing relies on technology-driven automation, simplifying storage, retrieval, picking, and labeling of products for efficient delivery2.

Global Impact:

The pandemic has led to a surge in global demand for warehousing.

According to Research and Markets, the warehousing market is projected to reach INR 2,872.10 billion by 2027, growing at a CAGR of approximately 15.64% during the period from 2022 to 20273.

Indian Market Trends:

The Indian warehousing sector showed robust recovery from the pandemic in 2021 and significant growth in the first half of 2024.

In summary, warehousing today is a dynamic field, driven by technological advancements and the changing landscape of global trade and commerce.