India’s logistics sector and its substantial improvements

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The logistics industry in India has been experiencing significant positive changes in recent years. Several factors have contributed to this transformation and we would like to look at the top 5 contributing factors:

1. Infrastructure Development: The Indian government has made substantial investments in infrastructure development, including the construction of new highways, expressways, ports, and airports. These improvements have enhanced connectivity and reduced transportation time, leading to more efficient logistics operations.

2. GST Implementation: The introduction of the Goods and Services Tax (GST) in July 2017 has streamlined the taxation system and eliminated multiple state-level taxes. This unified tax structure has simplified logistics processes, reduced paperwork, and improved supply chain efficiency. 

3. Technology Adoption: The logistics industry in India is embracing technology solutions to optimize operations. The implementation of digital platforms, cloud computing, Internet of Things (IoT) devices, and data analytics has improved real-time tracking, inventory management, and route optimization. This has resulted in better visibility, cost savings, and faster delivery times.

4. E-commerce Growth: The rapid growth of e-commerce in India has led to increased demand for efficient logistics services. E-commerce companies are investing in warehousing and last-mile delivery infrastructure, thereby creating new opportunities for logistics providers. This has encouraged the development of specialized logistics solutions tailored to the e-commerce sector.

5. Government Initiatives: The Indian government has launched various initiatives to promote the logistics industry, such as the #Sagarmala Project, #Bharatmala Project, and the National Logistics Policy. These initiatives aim to improve port connectivity, build new road networks, and establish logistics parks and corridors. They also focus on simplifying regulations, reducing paperwork, and promoting trade facilitation.

We can only hope that these improvements will aid in the expansion of the logistics sector in India, especially with more promising changes on the horizon. 

#logistics #logitech #india #indianlogistics #ryanlogitech #ryanlogitechpvtltd #NLP #nationallogiticspolicy #airfreight #seafreight #logisticsmanagement #logisticsservices #landfreight #trucking

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B R Priyadarshini

Director - Finance

Priyadarshini leads the Finance and Administration role at Ryan Logitech. She is a qualified CIMA graduate, besides having a Master’s degree in Accounting and Finance from the UK. Before joining Ryan Logitech, she had worked with various leading banks abroad and in India in the investment banking division specializing in Investment Banking. She has also equipped herself with IATA/DG Cargo course during her tenure in Ryan Logitech. She brings with her 11 years of experience in various roles to the Management team.

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B R Rangamani

Managing Director

With over 40 years of active experience in the field of logistics and freight forwarding, I consider myself a veteran in the industry. I started my career in the year 1983 in the liner shipping industry, and moved forward to start my own company ‘Tricon Shipping Pvt Ltd’ in 1992 providing end-to-end logistics service in Chennai, India. With 15 of branches across India, the company had a very prominent national reach; we achieved great success and a lot of international recognition.

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E C Mathew

Executive Director

E C Mathew brings with him 23 years of experience in international freight forwarding & end-to-end logistics services. An Executive MBA, he is also a qualified Customs Broker /IATA-DG. Having worked in an MNC for 10 years as the regional head – sales and operations, he moved to an Indian logistics company where he was heading different verticals of logistics supply chain successfully for air freight, sea freight and land transport. As part of the Management team at Ryan Logitech, he is responsible for the overseas networking, business acquisition, sales development and marketing.

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B R Avinash

Director - Network Development

Avinash Rangamani brings with him a decade of international experience in logistics and freight forwarding. After completing his Under Graduation in France, following which he did his MBA in Australia specialising in Sales and Marketing. He then worked for one of the most successful and the oldest logistic service providers in Europe and was based in Austria for 9 years. He has now joined Ryan Logitech Pvt Ltd and leads the business development and National Key Accounts for the company.

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