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Logistics and warehousing play an indispensable role in the transportation of goods across the country. Warehouse - a fundamental part of business infrastructure and one of the key enablers in the supply chain - is the pivot for procurement, manufacturing and distribution services which collectively build robust economies.
According to Research and Markets, India’s warehousing market, estimated at $ 12.2 billion in 2020, is expected to reach $19.5 billion by 2025. Warehousing, which approximately accounts for 25% of the logistics cost, is witnessing various evolutionary changes in India due to factors like GST, rise in E-commerce, government’s policy push to increase manufacturing, etc.
State-of-the-art warehouses are critical for the success of manufacturing companies to improve business productivity. With e-commerce witnessing phenomenal growth in the recent years, warehouses are getting busier by the day. The e-commerce boom has created a strong demand for modern warehouse facilities and logistics companies are turning to technology to build the next-generation storage spaces that can cater to this industry.
The Virtual Roundtable will broadly discuss the following points:
Agrawala further said the government should continue to work with the sense of urgency they have shown so far and ensure that the enabling infrastructure for manufacturing is in place
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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