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FOR IMMEDIATE RELEASE
India Freight Sector Outlook – Diversification into multiple logistic segments is the key to growth
Netscribes, Inc. launches a report on the Freight Forwarding Market in India 2015 covering a market with
strong growth potential. It is a part of Netscribes’ Automotive and Logistics Series.
Mumbai, India – February 3, 2015 – Global market intelligence firm, Netscribes, Inc. released its latest
report on the ‘Freight Forwarding Sector in India 2015’. Growing international trade, 100% FDI in logistics
and improving economic health of the nation are the key demand drivers for freight forwarding in India.
Netscribes’ latest market research report titled Freight Forwarding Market in India 2015 states that India
is expected to witness considerable growth in freight market provided freight companies diversify their
business to other logistic segments. The Indian freight market is rapidly being aided by improved
warehousing infrastructure and growth in containerized cargo, which necessitates a robust freight
network. Amongst the segments, air and sea freight together contribute maximum to the market in
terms of value, however volume-wise they carry the minimum freight. Further inland water
transportation has tremendous scope in the domestic market. An overall comparative analysis of the
domestic transport sector highlights the modal composition in freight movement, with road being the
dominant mode of transport; indicates the advantages of coastal shipping and inland water transport.
Global comparison of the same highlights that the Indian transportation sector has tremendous scope to
improvise, invest and improve on in order to exploit the potentials of the freight market.
The current market is largely mulled by rising freight costs due to volatile fuel prices, lack of skilled
manpower and infrastructural bottlenecks. However, a surge of government initiatives in the form of
National Highways Development Project (NHDP), Special Accelerated Road Development Program in
North East (SARDP-NE) and Left Wing Extremism (LWE) in the road sector, development of Dedicated
Freight Corridor of Indian Railways, port sector initiatives and shift to GST regime are providing the
necessary impetus to the freight industry. Emergence of EDI platform, UPLIFT - universal platform for
logistics & integrated freight transport and 4S eTrans built on J2EE platform is some recent technology
trends in the freight industry. Focus on emerging trade lines and diversifying business portfolio to
multiple logistics segments are the key strategies to expect a sustainable growth trajectory in the sector.
For more details on the content of each report and ordering information please contact:
Phone:+91 22 4098 7600
E-Mail: info@netscribes.com
About Netscribes
Netscribes (www.netscribes.com ) is a pioneering knowledge consulting and solutions firm with clientele
across the globe. The company’s expertise spans areas of investment & business research, business &
corporate intelligence, publishing services and customized knowledge database creation. At its core lies a
true value proposition that draws upon a vast knowledge base.
For more information please write to info@netscribes.com

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Market Research Report : Freight forwarding market in india 2015 - Press release

  • 1. FOR IMMEDIATE RELEASE India Freight Sector Outlook – Diversification into multiple logistic segments is the key to growth Netscribes, Inc. launches a report on the Freight Forwarding Market in India 2015 covering a market with strong growth potential. It is a part of Netscribes’ Automotive and Logistics Series. Mumbai, India – February 3, 2015 – Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Freight Forwarding Sector in India 2015’. Growing international trade, 100% FDI in logistics and improving economic health of the nation are the key demand drivers for freight forwarding in India. Netscribes’ latest market research report titled Freight Forwarding Market in India 2015 states that India is expected to witness considerable growth in freight market provided freight companies diversify their business to other logistic segments. The Indian freight market is rapidly being aided by improved warehousing infrastructure and growth in containerized cargo, which necessitates a robust freight network. Amongst the segments, air and sea freight together contribute maximum to the market in terms of value, however volume-wise they carry the minimum freight. Further inland water transportation has tremendous scope in the domestic market. An overall comparative analysis of the domestic transport sector highlights the modal composition in freight movement, with road being the dominant mode of transport; indicates the advantages of coastal shipping and inland water transport. Global comparison of the same highlights that the Indian transportation sector has tremendous scope to improvise, invest and improve on in order to exploit the potentials of the freight market. The current market is largely mulled by rising freight costs due to volatile fuel prices, lack of skilled manpower and infrastructural bottlenecks. However, a surge of government initiatives in the form of National Highways Development Project (NHDP), Special Accelerated Road Development Program in North East (SARDP-NE) and Left Wing Extremism (LWE) in the road sector, development of Dedicated Freight Corridor of Indian Railways, port sector initiatives and shift to GST regime are providing the necessary impetus to the freight industry. Emergence of EDI platform, UPLIFT - universal platform for logistics & integrated freight transport and 4S eTrans built on J2EE platform is some recent technology trends in the freight industry. Focus on emerging trade lines and diversifying business portfolio to multiple logistics segments are the key strategies to expect a sustainable growth trajectory in the sector. For more details on the content of each report and ordering information please contact: Phone:+91 22 4098 7600 E-Mail: info@netscribes.com About Netscribes Netscribes (www.netscribes.com ) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base. For more information please write to info@netscribes.com