PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Burgeoning Retail and Manufacturing Segments Trigger Demand Spike for Logistics Technologies in India Says Frost & Sullivan - India's logistics technologies market is growing steadily, with the upswing in demand from the thriving logistics, retail, and manufacturing sectors, as well as government promotion
Burgeoning Retail and Manufacturing Segments Trigger Demand Spike for Logistics Technologies in India Says Frost & Sullivan

 

NewswireToday - /newswire/ - Mumbai, India, 2011/01/12 - India's logistics technologies market is growing steadily, with the upswing in demand from the thriving logistics, retail, and manufacturing sectors, as well as government promotion.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

India's logistics technologies market is growing steadily, with the upswing in demand from the thriving logistics, retail, and manufacturing sectors, as well as government promotion. As the booming manufacturing and retail sectors are the major users of these technologies, sustained demand from these areas is sure. For instance, Wal-Mart has made it mandatory for its suppliers to deploy radio frequency identification (RFID). India's status as a major sourcing nation for the world's leading retailers is also ramping up demand.

New analysis from Frost & Sullivan (automotive.frost.com), Strategic Analysis of Logistics Technologies Market in India, finds that the market earned revenues of over $246 million in 2010 and is expected to cross $600 million by 2015.

"Until recently, the logistics industry was highly unorganized, comprising predominantly medium- and small-sized logistics service providers (LSPs)," says Frost & Sullivan Research Analyst. "However, the trend is changing with the increase in number of organized LSPs and improvement in the services offered by them through third party logistics and fourth party logistics."

The Government has played a supportive role by introducing the Goods and Services Tax (GST), enabling seamless credit across the entire supply chain. To obtain the cutting edge in the market, companies are adopting these technologies to improve supply chain management. India's logistics technology market is set to grow at 19.8 percent between 2010 and 2015.

Although the prospects for the market look upbeat, there are some challenges. Technologies such as RFID, warehouse management systems (WMS), and transport management systems (TMS) are significantly expensive, making them unaffordable for a majority of LSPs and end users. This has deterred the growth of the Indian logistics technology market.

The import duty on RFID hardware is high, further increasing the final price of the already expensive technology solution. The price-sensitive nature of the Indian consumers prevents them from opting for such technologies.

"To remain competitive in this marketplace, WMS and TMS providers must offer customized software, keeping price sensitive Indian consumers in mind," says the Analyst. "Building awareness among LSPs and end users on the tangible benefits these solutions confer is essential."

The use of 2D barcoding is steadily rising and 3D barcoding is expected to gain prominence in the near future. Participants in this space must target these lucrative areas and fine-tune their strategies to cash in on the opportunities that abound in this market.

If you are interested in more information on this study, please send an email to Ravinder Kaur / Priya George, Corporate Communications, at ravinder.kaur[.]frost.com / priyag[.]frost.com with your full name, company name, designation, telephone number, company e-mail address, company website, city, state and country.

Strategic Analysis of Logistics Technologies Market in India is part of the Automotives & Transportation Growth Partnership Services program, which also includes research in the following markets: Strategic Assessment of Containerization Trends in India, Strategic Analysis of Indian Transportation Market, and Strategic Analysis of Liquid and Gaseous Cargo Transportation Market in India. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Strategic Analysis of Logistics Technologies Market in India / P403-18

Contact:

Tanu Chopra
Corporate Communications - Middle East
P: +91 22 4001 3437 / F: +91 22 2832 4713 - E: tanuc[.]frost.com.

Nimisha Iyer
Corporate Communications - South Asia & Middle East
M: +91 98200 50519 / P: +91 (22) 40013404 - E: niyer[.]frost.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Burgeoning Retail and Manufacturing Segments Trigger Demand Spike for Logistics Technologies in India Says Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Ravinder Kaur / Priya George 
+91 44 4204 4760 / +91 98403 55432 ravinder.kaur[.]frost.com / priyag[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Voyages Emile Weber, Losch Luxembourg and MAN Collaborate on Emissions-free Public Transport System
Frost & Sullivan Announces Cooperation with Messe Frankfurt
The NEOPLAN Skyliner is Celebrating An Anniversary - 50 Years of The Double-decker Touring Coach
Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan
MAN Truck & Bus Begins Selling The TGE
MAN Joins CharIN
Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)