Logistics industry involves the integration of information, transportation, inventory, warehousing, material-handling, and packaging.
Logistics Industry in India
As the country’s GDP is growing at over 9 per cent per year and the manufacturing sector is enjoying double digit growth rates, the Indian logistics industry is at the most dynamic point on the graph and is expected to reach a market size of over $125 billion in the year 2010.
Indian logistics industry is growing annually at the rate of 15- 20 percent, reaching revenues of approximately $ 385 bn by 2015. About 110 logistics parks spread over approximately 3,500 acres at an estimated cost of $1 bn are expected to be operational and an estimated 45 mn ft2 of warehousing space with an investment of $ 500 mn is expected to be developed by various logistics companies by 2012.
Logistics Industry in Rajasthan
Strategically positioned between the industry-laden northern states and critical trade ports of the western states, Rajasthan presents immense opportunities for logistic solution providers to facilitate easy movement of freight.
With the $50 bn Delhi-Mumbai Industrial Corridor Project on the anvil, the State is bound to witness the up gradation and expansion of its industrial clusters.
Nearly 40% of the Industrial Corridor will pass through Rajasthan, throwing open unparalleled business possibilities in the field of logistics.
The foray of renowned industrial establishments in the State will also give an impetus to opportunities in the logistics sector.
