Tag Archives: Logistics

India’s logistics cost is expected to drop to 9 per cent of GDP by April 2025 which will likely boost exports, announced Union Minister Nitin Gadkari recently. However, according to quick estimates of National Council of Applied Economic Research, the logistics cost in India ranged from 7.8 per cent to 8.9 per cent of GDP in 2021-22.  The Minister noted ...

RFID, in the form of FASTag, has entered the imagination of every single vehicle owner in the country. However, the application of this technology is growing across sectors. TrafficInfraTech explores the role RFID will play in the future. The global RFID market was estimated at USD 10.7 billion in 2021, with a projection of reaching USD 17.4 billion by 2026. ...

With the current trend in using the e-market (on-line sales); the global sales are estimated to be around $300 Billion per annum; this means part of the sales will occur within in India. Therefore, the question is “Who will deliver the last mile of the freight to the consumer?” and “How effectively it will be done?” Freight Strategies There are ...