The logistics industry has always been an underdog and has not received the much-deserved attention yet. Though the sector is full of potential, it is yet to achieve optimal utilisation of resources.
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Highways to Progress
Tag: McKinsey & Co
A Massive Digital Thrust
'India is moving towards becoming a very digital country. You have seen the examples from the money perspective over the past several weeks. Irrespective of which side of the debate you are on, the benefits of digital are going to be across sectors,' emphasises Narendra Bhandari, General Manager, Developer Experience & Evange-lism, Microsoft India. He predicts that this 'Digital' or 'Fourth Industrial Revolution' will transform the infrastructure sector too in an unimaginable manner.
Improve logistics in coastal shipping for savings: Study
A study by global consultants McKinsey & Co and AECOM for the Ministry of Shipping says optimising the logistics flow for key commodities by 2025 could save Rs.30,000-40,000 crore. It recommends creation of more capacity at major ports and a logistics aggregator company to consolidate the shipping supply chain.