An Overview of Shipping and Logistics Businesses in India

It was anticipated a few years ago that India is going to have fast-growing shipping and logistics industry. The Indian shipping businesses have grown up as per those expectations. The remarkable growth of the Indian economy attracted shipping and logistics businesses from all over the world. And today, these businesses are contributing towards the exponential growth rate of the economy.

Another reason for the growth of the Indian shipping businesses and shipping companies is the improvement in the required infrastructure. The conditions of roads are getting improved with passage of time. Most importantly, the use of information technology has further helped these businesses to serve their customers in the best possible manner.

The simultaneous growth of various industries has also driven the popularity of the Indian shipping businesses. For example, textile and pharmaceutical industrial sectors in the country utilize the shipping and logistics services in a number of different ways. Labeling and packaging and distribution of packaged products are among the main facilities that shipping and logistics businesses in India offer to these industries.

With the growth of the trend of online shopping, the shipping and logistics industry is among those which have attained benefits out of this trend. Order processing has become as important part of the customer-oriented services of online stores. On time delivery is one of the main aims of these stores that has been made possible by the Indian shipping businesses. Shipping of products a few years back was in a poor condition in India and today, it has become an admirable aspect of shipping and logistics companies.

A number of international level shipping and logistics companies have established their services in the country. These shipping companies not only serve at national, but at international level as well. This has further added speed to the growth of the Indian logistics industry.

As per the latest surveys, the Indian shipping and logistics industry is about to attain the size of around 125 billion US dollars. It is expected to increase three times of this figure by 2015. This clearly indicates that the shipping and logistics businesses in India are among the top profit makers in the present day situation.