Big is definitely better for the warehousing services focusing on serving organised sectors. Economies of scale, cheaper land costs, more automation and higher labour utilisation are some of the key benefits.
How do you organise a largely unorganised industry? IndiaÂ´s storage industry has lagged behind the transportation industry that it so heavily depends on. With cold chains now being an industry and FDI in retail entailing huge investments in storage, can we expect some movement?
India needs to learn lessons from the UAE and develop adequate high quality back up facilities for storage and warehousing to enable the global players do international trade through our ports, Pankaj Modi, Chief Operating Officer, Adani Ports and SEZ, tells Sumantra Das.
Railway Minister Pawan Kumar Bansal has stated that the dedicated freight corridors would be able to carry heavier trains, paving the way to move 10,000-12,000 tonne of cargo per rake, which is about three times that of a train moving on the existing tracks.
While it is essential for policymakers to further accelerate deliberations on the issues to ensure early implementation, other stakeholders such as service providers, users and industry bodies should also come together to prepare a road map in advance,
When Dedicated Freight Corridor Corporation of India Limited (DFCCIL) started looking for a competent management team in 2007, they were probably well aware of the roadblocks hindering the most ambitious infrastructure project by the Railways.