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The current Union Budget will spur rural demand and infrastructure growth
The warehouse market in India is growing faster than the GDP. It will continue to grow at a CAGR of 12-13 per cent in the coming years and is largely dominated by unorganised sector (90 per cent).
Palletisation can bring in higher throughput and desired efficiency
The estimated market size of the total Indian logistics market is to the tune of $200 billion and it generates employment for close to 50 million people in our country.
We expect a CAGR of 10 per cent during 2016-2020 in material handling sector
With the Prime Minister?s ambitious plan of ?Make In India? taking root, we expect to see good growth in manufacturing and consequently in logistics and distribution activities for the next few years,? says Cavas Dumasia, Vice President - Sales & Marketing, Godrej Material Handling Division.