AMBER – ABBS Management Business and Entrepreneurship Review

Abstract

The performance of logistics sector in the economic development of India has never been more compelling. A robust logistics sector can go a long way in boosting India's quest for being a manufacturing giant given that several initiatives like 'Make in India' have been launched by the government. Increasingly, companies across the globe are looking at the world as both a unified production base and a market that a competitive logistics sector can successfully tap into. The industry has seen rapid growth in the last few years due to increased planned outlay of the government, improved infrastructure facilities and greater access to global markets. However, our services have not adequately capitalized on the opportunity in the global market as multiple challenges continue to mire the sector.

The effort in the years ahead is to build a more robust logistics network in the country. With better infrastructure planning, increased coordination among stakeholders and improved operational efficiencies, India aims to unlock the potential of the sector needed to fuel economic growth.

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