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FTWZ: A game changer for India's logistics

FTWZ: A game changer for India's logistics

Logistics cost in India is approximately 14 per cent of GDP, while the number for most developed nations is about 9-10 per cent. On a 1.6 trillion GDP, this represents absolute value of inefficiency and therefore a logistics market potential of over $65 billion.

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The Gamechanger

The Gamechanger

After a 20-year wait, the brand new ICTT at Vallarpadam is all set to be Kerala maritime’s best brand ambassador yet, further transforming the maritime and logistics landscape of the region. Shashidhar Nanjundaiah writes from Vallarpadam.

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Logistics: A much needed transformation

Logistics: A much needed transformation

Among other firsts, Vallarpadam ICTT will also trigger a stream of business activities in its immediate neighbourhood. NA Muhammed Kutty, explains why India’s first transhipment terminal will transform the face of the logistics industry.