Documents

Bench Marking in Logistics Sector

Description
REPORT ON BENCHMARKING OF LOGISTICS INDUSTRIES IN INDIA BY: SHASHANK CHAUHAN TABLE OF CONTENTS CONTENT PAGE NUMBER 1. Acknowledgements ………………………………………………02 2. Declaration……………………………………………………......03 3. Industry analysis………………………………………………….05 4. Company Profile…………………………………………………08 5. Data Analysis…………………………………………………….15 6. Conclusion………………………………………………………..21 2 INDUSTRY ANALYSIS 3 The Logistics Industry Globally, the logistics industry is valued at US$ 3.5 trillion. The U.S., which cont
Categories
Published
of 20
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Related Documents
Share
Transcript
    REPORTONBENCHMARKINGOFLOGISTICS INDUSTRIES IN INDIA BY:SHASHANK CHAUHAN   TABLE OF CONTENTS  CONTENT PAGE NUMBER 1. Acknowledgements ………………………………………………02 2. Declaration……………………………………………………......03 3. Industry analysis………………………………………………….05 4. Company Profile…………………………………………………08 5. Data Analysis…………………………………………………….15 6. Conclusion………………………………………………………..21 2   INDUSTRY ANALYSIS  3  The Logistics IndustryGlobally, the logistics industry is valued at US$ 3.5 trillion. The U.S., which contributes to over 25% of the global industry value, spends close to 9% of itsGDP on logistic services.The Indian Logistics Industry is presently estimated at US$ 90 billion.   (CII) The industry has generated employment for 45 million people   in the country in comparison withthe IT and ITeS sector which employs approximately 4.3 million people.It is forecast to grow at a Compound Annual Growth Rate (CAGR) of approximately 8% over the next three to five years. (CII) Third Party Logistics (3PL) Solutions, is slated to grow at a compound annual growth rate(CAGR) of over 16% from 2007-10. Consequently, 3PL service providers are expected to corner an increased share of the Indian Logistics pie, from 6% in FY06 to 13% in FY11, at a CAGR of 25% (CII). The primary growth drivers   of this industry are as under: Investments in the infrastructure sector amounting to US$ 350 billion:Increased efficiency and productivity of the transport system   would result in lower transit times. Streamlining of the indirect tax structure: The introduction of Value Added Tax (VAT)   and the proposed introduction of a singular  Goodsand Services Tax (GST) are expected to significantly reduce the number of warehousesmanufacturers are required to maintain in different states, thereby resulting in a substantialincrease in demand for integrated logistics solutions. Robust trade growthStrong economic growth and liberalization have led to considerable increase in domestic andinternational trade volumes over the past five years. Consequently, the requirement for transportation, handling and warehousing is growing at a robust pace and is driving the demandfor integrated logistics solutions. 4
Search
Tags
Related Search
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks
SAVE OUR EARTH

We need your sign to support Project to invent "SMART AND CONTROLLABLE REFLECTIVE BALLOONS" to cover the Sun and Save Our Earth.

More details...

Sign Now!

We are very appreciated for your Prompt Action!

x