From the pages of Cargotalk: COVID-19; another setback to India’s logistics sector: Soham Chokshi

Calling COVID-19 another setback, after GST and demonetisation, to the unorganised sector that is heavily dependent on working capital, Soham Chokshi, Founder, Shipsy, says, “With financing also becoming scarce and revenue dipping, a lot of these SME service providers would unfortunately cease to exist. The volumes would start to get channelled to the organised players that are able to sustain themselves through these challenging times financially, and thus keep providing services.”