The logistics support agreement under consideration is akin to the Logistics Exchange Memorandum of Agreement (LEMOA) that India signed with the United States in 2016. Such agreements facilitate the use of each other’s naval and military bases for refuelling, repairs, and resupply.
The evolution of India’s logistics and warehousing sector towards sophisticated logistics parks is emblematic of its crucial role in driving the nation’s economic success. As showcased in its report, Alvarez & Marsal India estimates that the demand for Grade A warehousing stock will grow at a compounded annual growth rate of 12.5 percent until FY30.
The first half of this decade has been a nightmare for global trade. From covid disruptions to Suez Canal and Red Sea crisis, the trade has witnessed many operating challenges.
India is eyeing a USD 5 trillion economy soon. It has prepared a detailed roadmap and working tirelessly to achieve the same. The country which is growing comfortably at around 7-8%, is an economic bright spot despite a general gloom in world economy. Its economic expansion is pivoting on the manufacturing and logistic industry. It has unveiled a host of forward-looking economic policies with increased thrust on income generation rather than just production.
India is eyeing a USD 5 trillion economy soon. It has prepared a detailed roadmap and working tirelessly to achieve the same. The country which is growing comfortably at around 7-8%, is an economic bright spot despite a general gloom in world economy. Its economic expansion is pivoting on the manufacturing and logistic industry. It has unveiled a host of forward-looking economic policies with increased thrust on income generation rather than just production.
India is eyeing a USD 5 trillion economy soon. It has prepared a detailed roadmap and working tirelessly to achieve the same. The country which is growing comfortably at around 7-8%, is an economic bright spot despite a general gloom in world economy. Its economic expansion is pivoting on the manufacturing and logistic industry. It has unveiled a host of forward-looking economic policies with increased thrust on income generation rather than just production.
India is eyeing a USD 5 trillion economy soon. It has prepared a detailed roadmap and working tirelessly to achieve the same. The country which is growing comfortably at around 7-8%, is an economic bright spot despite a general gloom in world economy. Its economic expansion is pivoting on the manufacturing and logistic industry. It has unveiled a host of forward-looking economic policies with increased thrust on income generation rather than just production.
GM’s supply chain sustainability efforts span logistics, packaging and supplier engagement- targeting ambitious emissions reductions and ethical standards
The SNS Insider report estimates that the Cloud Supply Chain Management Market reached a value of USD 25.2 Billion in 2023. This figure is projected to climb significantly, reaching USD 83.5 Billion by 2031. This translates to a Compound Annual Growth Rate (CAGR) of 16.12% over the forecast period 2024-2031.
As the healthcare ecosystem is expanding rapidly, more care is being delivered at diverse sites through new care models. The result is greater supply chain complexity creating more challenges than ever before.
