Warehousing Market in India (2018-2023): Analysis & Forecast - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 16, 2018--The “Warehousing Market in India (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.
Based on the type of infrastructure, the Indian warehousing market is categorized into three types, namely lower stratum, middle stratum and higher stratum.
Technological advancements such as the use of Internet of things (IoT), cloud computing, big data analytics, robotics and automation, advanced imagers, and mobile thermal printers are revamping the warehousing market scenario in India.
Several government initiatives such as the ‘Make in India’ program and efforts to set up industrial corridors have attracted significant international players to the warehousing market.
Implementation of the goods and services tax (GST) had a positive effect on the Indian warehousing market due to diminishing state boundaries.
Removal of interstate checkpoints, reduction in cargo movement time and replacement of multiple state and central level taxes are facilitating consolidation of warehouses.
Growth in 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 drive the demand for organized players in the Indian warehousing market.
Bolstering infrastructure initiatives such as industrial corridors, and dedicated freight corridors, among others, are expected to augment demand in the Northern Capital Region (NCR), Mumbai Metropolitan Region (MMR), Hyderabad, Bengaluru and Kolkata.
Key Growth FactorsGrowth in Indian e-commerce, 3PLs, retail, FMCG, auto and auto ancillaries, and chemical and pharmaceutical industries is expected to drive the demand for organized players in the Indian warehousing market. Cashing in on the existing trend of the economy, there has been a sharp increase in automobile sales in the country. Increasing international trade is strengthening the growth of the warehousing market in India.
ThreatsConversion of agricultural land for industrial and commercial purposes is a major challenge faced by the players operating in the Indian warehousing market. In India, the warehousing market is still at a nascent stage and is highly fragmented as compared to the United States (US) and European countries. Lack of warehousing standards and accreditation poses a major threat to the Indian warehousing industry mainly due to unavailability of quality and flexible warehousing spaces.
Key Topics Covered
Chapter 1. Executive Summary
Chapter 2. Socio-Economic Indicators
Chapter 3. Introduction
Chapter 4. India Warehousing Market
Chapter 5. Impact of the Goods and Services Tax (GST)
Chapter 6. Warehousing Clusters Across Major Indian Cities
Chapter 7. Market Trends
Chapter 8. Investment Scenario
Chapter 9. Key Growth Drivers of the Market
Chapter 10. Key Deterrents to the Growth of the Market
Chapter 11. Competitive Landscape
Chapter 12. Recent Developments
Companies ProfiledContainer 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.
For more information about this report visit https://www.researchandmarkets.com/research/hkkww6/warehousing?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181116005422/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/16/2018 12:49 PM/DISC: 11/16/2018 12:48 PM