Logistics Parks - The future changing move in Logistics Industryby Shimoli S. Engineering Graduate
Logistics park is the defined area for the activities related to transports, logistics and distribution of goods. The transportation of goods can be done on regional, domestic or internationally with intermodal facilities. Logistic parks are supposed to be strategically located at a place where there is a good road, rail and air connectivity. The logistics companies in India can benefit immensely from the logistics parks.
Logistic parks are proving to be a game changer for the logistics and transportation industry. They are reducing the transit time and substantially reducing the freight costs and at the same time offers seamless transportation across India. Though India is one of the fastest growing economies in the world, but the logistics industry initially struggled due to poor connectivity of roads, rails, air and port. With an increase in CFS (container freight stations) and infrastructure betterment, the logistics industry has taken a leap forward.
With the growing economy and rise in consumerism corrective steps to improve the transportation infrastructure are being taken as it will not only reduce the transit cost but also, help reach the goods reach the destination faster.
A great news for the logistics industry is that the Indian government has made the decision to build pan India logistics parks. The logistics parks have a great potential to transform the logistics and transport industry. This step will not only bring down the transportation cost but also decrease the time to reach the market. It will also contribute to boosting the employment and attract capital investment.
What can logistics park include?
Based upon the customer requirements, Logistics parks can include cold chain facilities, value added services such as banking, customs clearing, packaging, pre-delivery quality inspection, grading, labelling, sorting, packaging and testing at the parks.
Looking at the number of benefits that logistics parks offer, companies like Allcargo are setting up logistics parks in Haryana, Karnataka and Telangana.
Created on May 16th 2018 03:15. Viewed 1,087 times.