India’s warehouse and logistics construction sector is witnessing a healthy growth due to both the rising need for efficient supply chain solutions and the increase in e-commerce. Market also boasts of a significant growth potential, as companies are increasingly focusing on logistics infrastructure for operational efficiency. Industry reports suggest that the Indian logistics industry is headed for exponential growth and will require big investment in warehouse facilities. With the government’s initiatives like ‘Make in India’ and the Goods and Services Tax (GST), this growth has only been further accelerated with a more conducive set up for the logistics and warehouse development.
The rising e-Commerce industry which has driven the exponential growth has seen a rise in consumer preference and internet penetration. Warehouses are being built by major players with state-of-the-art technology, automation and smart inventory management systems. This shift towards tech driven solutions in logistics is improving efficiency and decreasing turnaround time. Furthermore, the cold storage facilities are in great demand in sectors like pharmaceuticals, food and beverages. This trend emphasizes the need of specialized warehouses to care for temperature sensitive products, which further opens new doorways for building companies engaged in logistics infrastructure. Also, urbanization and the growth of Tier II and Tier III cities are changing logistics strategies, with companies wanting to put warehouses near consumer hubs. Not only does this optimize delivery times but it also supports local economies.
In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
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