Forex Free Download covering automatic forex robots, forex robots reviews, free automated forex, online trading software, brokers, forex trading ebooks. The purpose of this Blog is to provide you with sufficient information to make an informed decision before you come into live forex trading.

India's Logistics Biz Likely To Touch $125 Bln.:Assocham

Sponsored Links

India's Logistics business is likely to become a $125 billion industry by next year, a rise of about 17% from the current level, reports PTI quoting Assocham, the industry body. It estimates Indian logistics industry to be $125 billion by next year, from the present $105 billion.

Assocham said that the outsourcing of third-party logistics business (3PL) in India could touch $90 million by 2012 from the current $58 million, as about 55% of Indian companies are outsourcing logistics services like supply chain management and warehousing, which varied between 10%-15% a decade ago.

It said this concept was introduced in the U.S. and Europe, and was growing at a fast pace to increase the efficiency of domestic corporates through better logistic functions.

This indirectly indicates that manufacturing, retail and real estate, which are presently under stress, will revive soon, resulting in a robust growth in the logistics industry in the next two years, said the paper 'Building Logistics for Competitive Business'.

D.S. Rawat, Assocham Secretary General, said that Value Added Tax (VAT) was likely to drive Indian industry towards using more 3PL services.

(Market News Provided by RTTNews)

0 komentar:

Post a Comment