Eyeing beyond INR 20 Th Crore Opportunity for Digital Freight Market in India by 2025- What will make the industry more lucrative in future? Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The digital freight brokerage market is expected to be consolidated in future with few players dominating the market, says a report by Ken Research. 1. The Funding Wave in India Digital Freight Brokerage Market Investment Scenario in Digital Frieght Market India The investment has been across the three key areas — long haul movement, short haul delivery and logistics software solutions, with long haul earning great interest. Intracity space has also captured interest of investors. For instance, a Bangalore based intra-city logistics startup named Let’s Transport raised nearly USD 20 Mn across four funding rounds since 2015 uptil now. OEMs have shown interest in this sector, for instance, TATA Motors via its subsidiary, acquired 26% stake in the intra-city startup “TruckEasy” for an undisclosed amount in July 2018. 2. Trends and Developments to look for in India Digital Freight Brokerage Market Interested to Know More about this Report, Request a Sample Report Border wait time has dipped from 70 minutes to 10 minutes, particularly in states such as Assam and Andhra Pradesh. At present, 22 checkpoints have been dismantled. This will lead to the fixed costs associated with truck hiring going down by 3-5% because the rest is variable. India’s digital freight logistics sector is attracting marquee venture investors as more large and small enterprises are seeking to leverage technology to move their goods. Investors are seeking to fund this venture owing to the fact that on demand transportation services is about 20% cheaper than offline players. With logistics management apps solution, shipper or admin app, driver app, an app for merchant is all integrated. Shippers and merchants can track the overall distance covered. This will further help drivers to optimize the route, reach destination on time and get more deliveries done every day. 3. Impact of the government regulations over India Digital Freight Brokerage Market. Visit this Link :- Request for custom report Road transport and highways ministry has increased the permissible load carrying capacity for trucks and tractors that are already plying by 20-25% to the same capacity. Owing to this, overloading is anticipated to reduce in the trucks. In case of contract booking, aggregators will witness an increase in earning as they may charge higher prices from their carriers due to higher load capacity. Driver profile provisions lay down the qualifications of the drivers and the licenses/ permits that they have to procure in order to be eligible to drive taxis enlisted on a digital market place. License Provisions make it mandatory for aggregators to procure licenses from the respective authorities, state the period of validity of such licenses, application and renewal procedure and conditions to be satisfied to become eligible to procure such a license. 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