INDIA’S GROWING DISTRIBUTION AND LOGISTICS MARKET

 

INDIA’S GROWING DISTRIBUTION AND LOGISTICS MARKET

Introduction

 

As per the  "Indian Logistics Industry Outlook, 2020" report-The logistics market in India is forecasted to foster at a CAGR of 10.5% between 2019 and 2025.

Distribution and Logistics plays a pivotal role in the economic growth of any country and we can say distribution and logistics acts as a spine for the smooth running of all businesses flourishing today. 

Logistics facilitate on-time delivery of goods and services, from a factory outlet to the end consumer, with minimum cost and maximum efficiency.  

India is a developing nation growing to become a developed nation soon and is expected to become one of the strongest economies in the near future, beating its competitors like China, US, etc. 

India is going and growing through a phase where things are changing rapidly at micro as well as macro levels. From taxation reforms to facilitating ease of doing business, to make in India campaign, we are witnessing the multifold transformation of India stepping towards building a brighter and a better India.

Key Driver’s for India’s growing Distribution

and Logistics Industry

Ø  Digitalization and Ecommerce:

There is no denying the fact that India is moving towards a digital India where a lot of people are shopping, paying, studying, making payments, placing orders, and doing a lot more activities on the digital platform. Digital means where thousands and lakhs of transactions are taking place in a fraction of seconds which automatically generates more demand for manufacturing, warehousing, and logistics.

Ø  Make in India Campaign:

The ‘Make in India’ campaign has boosted the potential of the country’s manufacturing sector. From catering to a mere 13-17% of the GDP, the government plans to raise the sector’s share to a quarter in the coming years. Make in India has boosted the manufacturing capabilities of the country with the new slogans for “Vocal for Local” “Support Local” etc.

Ø  GST: 

Major taxation reforms like GST has also given the economy the much-needed reform by giving the benefit of availing credits, saving from double taxation and hence resulting in more business opportunities, more transparency, more manufacturing and hence contributing to generating more demand for warehousing and logistics.

Ø  Ease of Doing Business and FDI (Foreign Direct Investment):

The government is trying to facilitate the ease of doing business by bringing in simpler laws, fewer compliances, digital and transparent approvals, and removing all the bottlenecks people used to face in doing business.

Such reforms are attracting businessmen across the globe to open their plants in India and do more and more investment in India.

But are we ready for this Big Change coming our way?

-where we need efficient and world-class warehousing and logistics facilities for such huge material handling?

Shifting from manual and labor-intensive techniques to modern Conveyors Systems is the only answer for being ready to handle such huge material handling coming our way.

Conveyor systems are mechanical devices or assemblies that transport material from one place to another with minimal effort.

We at Saifi Automation understand that with the wide variety of materials, configurations, accessories, and sizes, we need customized and need-based conveyor systems, and hence we manufacture the finest quality of different kinds of conveyor systems, they usually consist of a frame that supports either rollers, wheels, or a belt, upon which materials move from one place to another.

Benefits of implementing Saifi Conveyor Systems

1.     Optimum Utilization of Available space

With increased production, the need arises to store more and more produced goods safely and securely. And here comes Saifi Conveyor Systems at your rescue where space savings are achieved primarily through storing SKUs higher and denser, which can stack and store the goods in vertical order up to the maximum heights which is a bit difficult and risky for humans to do. Some research suggests that automated warehouses use up about 40% less floor space than traditional warehouses.

2.     Increased Efficiency and Productivity

The involvement of fewer human resources leads to greater efficiency and reduction in the productive time of the organization. And since most of the complex tasks are done by the automated machines, human resources of the Company can be put to better utilization, which ultimately enhances the efficiency of the organization. 

3.     Accuracy and less human errors

Speed is helpful, optimization of resources is welcomed, but accuracy in the warehousing business is paramount. Mistakes and trouble-shooting can often lead to considerable wasted time and money in identifying and fixing errors. Using a good warehouse automation reduces error rate significantly and the end result is a much stronger relationship because it can provide up to 99.99% accuracy which always gives your company an edge over your competitors.

4.     Improved flow of Goods and Check over Inventory

Warehouse automation enables a smooth flow of goods, the concept of “real-time” inventory tracking and complete control are one of the biggest benefits of Automation. Since you already know the estimates you can plan your production, ordering of raw materials and other things and hence you can take the much-informed decision and act proactively.

Conclusion with Return on Investment

1. Today about 60% of the manufacturing concerns are using conveyor systems for at least 1/3 of their operations.
2. Installing a Conveyor system in your industry reduces human labor costs by 50%. (For example: if your average manufacturing labor cost is somewhere around 30,000 then it is predicted to decrease to 50% when you go for automation).
3. As fewer humans are involved, human errors are reduced by 50%.
4. Site accidents due to product handling reduces by 65%.
5. Because of better product handling, businesses can focus more on their operations and increase their production multi-folds.

Want to know more about Conveyor Systems?

If you want to learn more about the latest in Conveyor Systems, or have any queries or hesitations about conveyor systems you may please contact us!

You may visit us @www.saifiautomation.com

CLIENTS SERVED BY US:

Escorts

Orient Fans

Anchor

Carrier

Godrej

Relaxo

Eicher

HP etc

 

Founded in the year 1987, Saifi Con-Fab System Pvt. Ltd. is one of the leading Manufacturers, Exporters and Importer of a wide range of Monorail Overhead Conveyors, Belt Conveyor, Slat Conveyors, I-Beam Overhead Conveyors, Six Wheel Model Head Conveyor, Three Wheel Over Head Conveyor, Conveyors Components and much more.