Sunday 22 12 2024 07:43:54 AM

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

PRE BUDGET QUOTE  from - Mr. Sandeep Chadha, Founder & CEO – Warehouster
Mr. Sandeep Chadha, Founder and CEO of Warehouster
Dr.G.R.Balakrishnan Jul 10 2024 Logistics News (Roadways & Railways)

PRE BUDGET QUOTE from - Mr. Sandeep Chadha, Founder & CEO – Warehouster

India's high logistics costs, 14-18% of GDP compared to 8% for other global leaders, inflate domestic product prices. These costs also hinder Indian exports and here a national logistics policy can streamline operations and reduce expenses, making Indian products more competitive internationally. A well-developed logistics network, stemming from a policy framework, can minimise the spoilage of agricultural products, a crucial mainstay of our supply-side economy, by ensuring quicker movement from farms to consumers, benefiting both farmers and consumers. The e-commerce boom, which thrives on fast deliveries, necessitates improved infrastructure for efficient warehousing and last-mile delivery. The success of e-commerce, with an estimated market size of US$57-60 billion in 2023 and projected to grow to US$300 billion by 2030, a CAGR of 20-22%, hinges on efficient logistics. Last-mile delivery, a crucial aspect here, benefits from the National Logistics Policy and advancements in coordination, offering faster deliveries, improved tracking, and greater reach, especially in remote areas.