FUTURE PROOFING
Indian logistics firms are betting big on drones , cloud , IoT and Blockchain
HERE Technologies has just published its latest study , APAC On The Move , which analyses the current technology trends from across the region .
This year ’ s study has a particular focus on the Indian logistics sector .
Learn more here . . . .
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ERE Technologies , a leading location data and technology platform , has published an inaugural study , APAC On The Move 2023 , to provide insights from 1,300 transportation and logistics ( T & L ) business decision-makers across APAC on the current technology trends and practices that are shaping supply chain , fleet and logistics management .
A key finding from APAC On The Move 2023 is the extent to which end-to-end asset tracking and shipment visibility remain a challenge for Indian logistics companies three years since the onset of the pandemic . Indian logistics companies surveyed have cited technology implementation challenges as their biggest barrier to achieving real-time end-to-end supply chain visibility , despite the motivations to improve customer and financial benefits .
The highly fragmented Indian logistics industry is undergoing rapid growth and transformation . With India ’ s logistics costs estimated to be about 14 % of the country ’ s GDP ( gross domestic product ), the introduction of the National Logistics Policy ( NLP ) is set to lower this cost to about 8 % by 2030 and boost the competitiveness of the industry .
“ Logistics in India is deeply unorganised and it ’ s a herculean – but certainly possible – task for the industry as a whole to come together while it ’ s growing so rapidly ,” said Venkatesan Natarajan , Solutions Leader for Smart Field Services , IoT & Engineering Services Business Unit , Cognizant . “ Our entire logistics ecosystem needs to first
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