Indian Logistics Industry is Growing @ 6 % year on year. Will India continue to support logistics industry in the future period 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 1. 1,24,000 Km of rail network with ~10,000 freight trains carrying 3 MT of goods daily. 65% of domestic freight volume carried through road; high compared to ~50% in developed countries. 8 Mn Km of Road Network; 10,000 Km of National Highways. 1,24,000 Km of rail network with ~10,000 freight trains carrying 3 MT of goods daily (33% of total). Share of rail and road closer to 50%-50% in developed countries as rail freight is cheaper for longer distances. Dedicated Rail Freight Corridors Project 3,300 km twin corridors (DFCs) to be completed by end of 2021. World Bank funding Eastern DFC with $1.86 Bn; Japan International Cooperation Agency (JICA) $5.2 Bn for the western corridor. Goods train speed to increase from 25 kmph to 100 kmph with 13,000 tonnes load. 25 times less carbon footprint than road transport. 2. Indian Logistics Industry is Growing significantly with respect to Logistics Sector Growth in Other Neighbouring Countries. Request a Free Sample to learn more about the report: Click here Logistics Performance Index (LPI) Germany Topped Ranking in World, Vietnam Tops in Lower Middle Income Group Reasons for Logistics Score High Investments $16.2 Bn annually every year, New Innovation, Govt supported freight villages for logistics support. Advanced Infrastructure, Innovations in the logistics space, and $46.3 Bn investment on infrastructure annually is responsible for high logistics Score. The energy consumption of Australia is highest but Adoption of technologies such as big data and open data is very quick along with government support such as Australia Development Plan. Implementation of Belt and Road Initiative, Huge Exports, high-speed railways, electric vehicles, 5G communications, and cross-border e-commerce are its game changers. Low Score is due to Weak infrastructure, Complex legal framework and Lack of modern information systems. 3. Although trucking industry being significantly impacted by COVID -19 in India there are certain initiatives adopted to improve Situation. Visit this Link: – Request for custom report The government has announced INR 20 Lakhs package providing Collateral free loans which was already existent for transporters but were not aware of it. Around 85% of the truckers are illiterate single truck owners who will not be able to avail benefit of MSME Policy due to its informal nature and want to remain unorganised due to Overloaded trucks, cargo without invoices & bills. The truckers still need to pay expenses after extension of moratorium period and have not been waived off even after no loads on road and no cash for payments. Hence, if a part of premium paid can be refunded to companies, can put some cash in hand of entrepreneurs and will help to bring logistics sector on track. 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