Rapid economic growth in India has paved the way for industrialisation. Whether itās a conventional warehouse, a modest godown, refrigerated storage, or a modern distribution centre, businesses are actively seeking warehousing solutions. In addition to conforming to global standards, businesses have to comply with the associated regulatory requirements, writes Rishi Agarwal, Co-founder and CEO, TeamLease RegTech....
Tag: Warehousing Services
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Indian logistics saw better growth while globally there was muted demand
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.
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Pushing for growth
The potential is enormous when you look from a macro perspective. In India only about 20 per cent of organisations look at warehousing services from a supply chain point of view, whereas globally the average is over 60 per cent.