Technological Advancements Driving the Growth of Warehousing Market in India


Posted April 25, 2019 by Researchonglobalmarkets

According to the report, based on the type of infrastructure, the Indian warehousing market isdivided into three segments, namely lower stratum, middle stratum and higher stratum.

 
Research On Global Markets has announced the addition of a market research report titled “Warehousing Market In India (2018-2023)” to their offering. According to the report, technological advancements in the fields of Internet of things (IoT), cloud computing, big data analytics, robotics and automation, advanced imagers, and mobile thermal printers are drastically improving the warehousing market scenario in India. Moreover, several government initiatives such as the “Make in India” program augur well for the development of the warehousing industry in India.

According to the report, based on the type of infrastructure, the Indian warehousing market isdivided into three segments, namely lower stratum, middle stratum and higher stratum. Initiatives undertaken to bolsterwarehousing infrastructure, such as industrial corridors, and dedicated freight corridors, are expected to increase the demand for storage in the Northern Capital Region (NCR), Mumbai Metropolitan Region (MMR), Hyderabad, Bengaluru and Kolkata. Moreover, the unprecedented growth of the Indian e-commerce, third-party logistics (3PLs), retail, fast-moving consumer goods (FMCG), auto and auto ancillaries, and chemical and pharmaceutical industries are expected to generate significant demand from the organized players in the Indian warehousing market, according to Research On Global Markets.

Despite the ever increasing demand for warehousing facilities in India, challenges in the form of conversion of agricultural land for industrial and commercial purposes and lack of warehousing standards and accreditations loom large over the warehousing industry in India. Also, the warehousing market in India is still at a nascent stage and highly fragmented when compared to that of the United States (US) and European countries.
The report also features the performance of some of the key players operating in the warehousing industry in India including, Container Corporation of India Ltd, Gati Ltd.,Mahindra Logistics Ltd., Transport Corporation of India Ltd.,Central Warehousing Corporation, DHL Express (India) Pvt. Ltd., Jayem Warehousing Pvt. Ltd., JICS Logistics Ltd.,Shalimar Warehousing Corporation, Spear Logistics Pvt. Ltd., and others.

Key highlights of this report:
• Overview of the Indian warehousing market
• Historical, current and forecasted market size data for the Indian warehousing market (FY 2016 to FY 2023) – by value
• Historical, current and forecasted market size data for the Indian warehousing market (2016 to 2023) – by warehousing space requirement
• Warehousing strategy before and after the implementation of GST
• Qualitative analysis of the Indian warehousing market and warehousing clusters across major Indian cities
• Investment scenario in the warehousing market in India
• Qualitative analysis of the major drivers and challenges affecting the market
• Analysis of the competitive landscape and profiles of major players operating in the market
• Key recent developments associated with the warehousing market in India

Contact No- +1-888-831-3350
Email id- [email protected]
Contact person- Ankita Basu
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Issued By ResearchOnGLobalMarkets
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Last Updated April 25, 2019