Logistics involves all activities related to movement of goods from the Manufacturer to the End consumer through a chain of channel partners. Logistics plays an important role in any economy. The growth prospects of the sector are closely linked to the economic growth. The sector encompasses Transportation, Warehousing and Packaging Industries.Logistics cost by value accounts for around 13% of the GDP of India, which is much higher than that in the US (9%), Europe (10%) and Japan (11%). In particular, the percentage-wise share of transport cost (an important constituent of total logistic cost incurred by a nation) by value of GDP has been steadily increasing. The annual logistics cost in India is valued at Rs. 6,750 billion (US$ 135 billion) and it is growing at 8-10% annually.
Contact Person | Ravikanth Yamarthy |
Contact number | 7200072718 |
ravikanth.yamarthy lsc-india.com | |
Official Website | http://www.lsc-india.com/ |
Contact Person | Ravikanth Yamarthy |
Contact number | 7200072718 |
ravikanth.yamarthy lsc-india.com |
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