Connecting End-To-End!

Deepshikha Singh, Special EditorThe Indian Logistics sector is undergoing a major transformation on account of several reforms and technological advancements over the years. As per the Economic Survey, the Indian logistics sector provides employment to over 22 million people and improving the sector would assist in a 10% decrease in indirect costs. Furthermore, the Survey predicts that the worth of the Indian logistics market would reach US$ 215 billion in the next couple of years. The performance of the logistics sector in the economic development of India has never been more compelling. A robust logistics sector can go a long way in boosting India's quest for being a
manufacturing giant given that several initiatives like `Make in India' have been launched by the government.

Increasingly, companies across the globe are looking at the world as both a unified production base and a market that a competitive logistics sector can successfully tap into. The industry has seen rapid growth in the last few years due to increased planned outlay of the government, improved infrastructure facilities and greater access to global markets. The effort in the years ahead is to build a more robust logistics network in the country. With better infrastructure planning, increased coordination among stakeholders and improved operational efficiencies, India is right on the path to unlocking the potential of the sector which is needed to fuel economic growth.

The customer is always the king and it's the same for any business or industry whether it is Manufacturing or Logistics. However, with the marketplace full of options to choose from, in this edition of siliconIndia magazine we have featured a list of `10 Most Promising Logistics Service Providers - 2019'. A carefully curated list, it reflects potential Logistics service providers who are setting a niche with their top-notch services in this domain. I hope the list helps you find the right partner and we achieve our mission.

Your ideas are always welcome!