Its time to invest in logistics and air cargo business: Tushar Jani

Logistics is a sunrise industry, I urge the stakeholders to invest in the logistics sector. It is growing tremendously, but yes, there’s lot that needs to be done, we need people, infrastructure, processes, and investments,” says Tushar Jani, Group Chairman, Cargo Service Center India at the ongoing TIACA Regional Summit in New Delhi. “I would also like to focus upon the e-commerce sector which is growing exponentially and driving air cargo growth. India has 7,89,000 villages, out of which 200,000 villages have more than 10,000 population, so for even delivery for 10 people per village you would need 20 billion people to serve the trade. We need to work on manpower, multimodal connectivity, first mile and last mile logistics, production capacity and transportation capabilities. We need to merge our domestic and international processes to bring the cost down. And doing that with the help of technology will be beneficial. The future is fantastic. He also adds that, Multimodal transportation is going to be a game changer for Indian logistics. The government is improving inland waterways, coastal shipping, roadways, and rail. There is this new freight corridor, which will link the northeast to Myanmar to Thailand to Cambodia to Vietnam and up to Philippines and down south we are going to be cooperating with Sri Lanka in the times to come so we are on the threshold of a new journey. If you have money put in logistics, it is time to invest in the supply chain. It is a sunrise industry,” he adds.