Road Freight Market India, Road Freight Industry India, Market Sales, Major Players: Ken Research Competitive Scenario in India Road Freight Market The road transport market is extremely fragmented with more than 70% of India’s overall fleet being held by Small Fleet Operators (SFOs), accounting for a majority of volume of goods transported. Companies are focusing on providing value added services along with trucking. The companies are even shifting towards… Read More »
India Road Freight Market, India Road Freight Industry, Market Revenue: Ken Research How is India Logistics and Warehousing Market Positioned? Overview: India has been ranked at 4th position in the world in railway freight traffic after China, US and Russia. Under the land freight corridors, ~% of domestic freight volume carried through road; high compared to ~% in developed countries. India Logistics Market has witnessed an average… Read More »
India Road Freight Market is Expected to Cross INR 9,500 Bn by 2024: Ken Research The truckers who have bought trucks with 50-100% institutional finance will see a tough time due to COVID 19 and need to maintain 90% capacity utilisation for upcoming EMIs, Insurance premiums & Permit with same freight cost in spite of high diesel cost. The Government is investing ₹ 20-30 Tn (15% via PPP) in transport infrastructure with… Read More »
Rising Cold Transportation, Revision of Government Norms and Increasing Tech Penetration is Facilitating Growth in Road Freight Industry in India: Ken Research Increased Government Spending: The government under the budget of 2020-2021 has allocated INR 170,000 crore for Transportation which is 8% higher than the budgetary allocation of 2019-2020. The National Infrastructure Pipeline for 2019-2025 pegged the projected capital expenditure for Transportation (covering Roads, Railways, Ports and Airports) at about INR 35.7 lakh crore. Various efforts include Bhratamala Pariyojana and… Read More »
India Road Freight Market Outlook to 2024: Ken Research The report titled “India Road Freight Market Outlook to 2024 – Driven by BS VI Norms, revision in Existing Axle Norms by the Government and Technological Advancements” provides a comprehensive analysis on the status of logistics sector in India. The report covers various aspects including the current logistics scenario in India, its components viz, freight transportation, warehousing,… Read More »
The impact of Covid-19 on the India Warehousing Industry: Ken Research COVID-19 Impact: Warehousing Industry The government decided to extend the lockdown to the 3rd of May, and this period has brought out the incapacity of supply chains in India to deal with a crisis situation. The warehousing industry is facing the problems of lack of availability of labour, lack of demand from the non-essential goods, and… Read More »
India Logistics Market Revenue, Growth Rate, Overview, Size, Share and Trends How India Logistics Market Is Positioned? Overview: India Logistics Market comprises of both organized and unorganized players which provide both logistics and warehousing services in the country. However, 90% of the market is unorganized and contribute a major chunk of the revenue in the market. Due to high growth in manufacturing and industrial sector, players have… Read More »
Increased Investment in Transport Infrastructure and Rising Demand from End Users has Influenced Growth in Logistics Industry: Ken Research Impact of GST: GST has facilitated the reduction in the transit and turnaround times of trucks by removing the multiple state taxes which were applicable earlier. In the warehousing industry, GST has led to the consolidation of the numerous warehouse companies had all over India and move towards a hub-and-spoke model of distribution. Owing to this,… Read More »
India Logistics Market Outlook to 2024: Ken Research The report titled “India Logistics Market Outlook to FY24–Driven by Government Infrastructure Push, New Age Logistics Startups and Technology Innovation” provides a comprehensive analysis of the status of the logistics sector in India. The report covers various aspects including the current logistics scenario in India, its components viz, freight transportation, warehousing, CEP, VAS, and cold chain industries,… Read More »
