Tiger Logistics (India) Ltd.’s Post

"𝐈𝐧𝐝𝐢𝐚'𝐬 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐚𝐧𝐝 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 𝐒𝐞𝐜𝐭𝐨𝐫: 𝐀 𝐆𝐫𝐨𝐰𝐭𝐡 𝐒𝐭𝐨𝐫𝐲" The Indian Logistics and Supply chain sector is vital in the Nation's economic engine. In recent months, there have been several developments that are shaping the industry. Let's take a look at the current scenario. The India Freight and Logistics Market size is estimated at 317.3 billion USD in 2024, and is expected to reach 545.6 billion USD by 2030, growing at a 𝐂𝐀𝐆𝐑 of 9.46% during the forecast period (2024-2030). Investment in warehousing space is on the rise, with a projected 13-14% increase in major cities by FY 2025. 𝐒𝐨𝐮𝐫𝐜𝐞 from Mordor Intelligence. This shows that the Indian Logistics market is on a steady growth trajectory driven by factors such as the increasing demand for e-commerce, rising exports, and Government's Initiatives for Infrastructure development to boost the sector. Here are some of the Initiatives- 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐏𝐢𝐩𝐞𝐥𝐢𝐧𝐞: This ambitious plan allocates substantial funds for infrastructure development across various sectors, including transportation and logistics. The NIP aims to create world-class infrastructure by 2025. 𝐁𝐡𝐚𝐫𝐚𝐭𝐦𝐚𝐥𝐚 𝐏𝐚𝐫𝐢𝐲𝐨𝐣𝐚𝐧𝐚: This massive road development project is expanding and upgrading the national highway network, improving connectivity and reducing logistics costs. 𝐒𝐚𝐠𝐚𝐫𝐦𝐚𝐥𝐚 𝐏𝐫𝐨𝐣𝐞𝐜𝐭: By developing port infrastructure and coastal connectivity, this initiative is enhancing India's maritime trade capabilities and reducing logistics time. 𝐃𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐅𝐫𝐞𝐢𝐠𝐡𝐭 𝐂𝐨𝐫𝐫𝐢𝐝𝐨𝐫𝐬: These high-speed rail corridors for freight transportation are revolutionizing the movement of goods across the country. 𝐌𝐨𝐝𝐚𝐥 𝐒𝐡𝐢𝐟𝐭: The government is encouraging a shift from road to rail and inland waterways for freight transportation, reducing logistics costs and improving efficiency. By 2024, India aims to establish 100 new airports, with a mix of government funding and public-private partnerships. Notably, eight out of the planned 21 greenfield airports are already operational, with the Noida International Airport at Jewar set to be the country's largest. With the robust Government support and burgeoning investments, the future looks promising for India's Logistics sector .

Sandeep Chadha, CEO of Warehouster, shared his insights on the logistics industry's 2024-25 budget wishlist in Logistics Insider. He emphasized the importance of infrastructure development and streamlined regulatory frameworks to boost the sector's efficiency and growth. Read More About It:- https://lnkd.in/dEtKTiwp #Budeget #Budget2024 #Logistics #Planning #Warehouster #Safety #BusinessGrowth #GlobalMarket #LogisticsPark #BusinessManagement #LogisticsManagement #WarehouseManagement #Development #Growth

*Finance Budget 2024 for Indian Railways* The Finance Budget 2024 for Indian Railways includes. - *Record Capital Expenditure (Capex)*: Rs 2,652 trillion, a 2% increase from the previous year, focusing on modernizing railway infrastructure and enhancing service capabilities. - *Gross Budgetary Support*: Rs 2,520 trillion, a 5% increase from the previous year, highlighting the government's commitment to developing the railway sector. - *Safety Initiatives*: Rs 1,080 trillion allocated for safety-related measures, including upgrading old railway tracks, improving signaling systems, creating flyovers and underpasses, and installing the indigenous Kavach system. - *Electrification*: Aims for 100% electrification of the broad gauge network by July 2024, with 41,655 Route Kilometers (RKMs) electrified from 2014 to 2024. - *Freight Loading*: Targets 3,000 MT by 2030, with a significant increase from 1,095 MT in 2014-15 to 1,588 MT in 2023-24. - *Passenger Coaches*: Announced the construction of 2,500 new passenger coaches in 2024-25, with plans to manufacture over 10,000 additional coaches. - *Dedicated Freight Corridor*: Allocation of Rs 8,155 crore for 2024-25 to complete the construction of the Western Dedicated Freight Corridor, aiming to enhance freight loading and reduce logistics costs. #innovation #management #HumanResources #digitalmarketing #technology #creativity #Future #futurism #Entrepreneurship #Careers #Markets #Startups #Marketing #SocialMedia #VentureCapital #SocialNetworking #LeanStartups #Economy #Economics #socialmedia #socialnetworking #venturecapital #motivation #sustainability #healthcare #education #design #sales #fundraising #construction #Law #lawstudents #lawyers #lawfirmmarketing #lawyerlife #lawyering #lawsuits #lawschool #lawenforcement #lawtech

The Union Budget for 2024-25 strives to elevate India as a worldwide leader in logistics, with a strong emphasis on infrastructure, technology, and MSME support. The budget also encompasses strategies to construct new economic corridors and make strategic investments in roads and airports, aiming to streamline logistics operations. These endeavors are projected to lower expenses and enhance connectivity across crucial regions, paving the way for a more efficient logistics landscape in India. #unionbudget #unionbudget2024 #logisticsbudget #logistics #transportation

Well said Logistics UK - this is a significant detail in the Strategy seemingly overlooked until now. Access to equitable safe and efficient freight networks for everyone is critical if we are to sustain free enterprise in the UK. 

TRANSPORT STRATEGY IS MISSING HALF THE PICTURE, SAYS LOGISTICS UK    Responding to the launch of the vision for the Integrated National Transport Strategy by the Secretary of State for Transport Louise Haigh MP, Logistics UK has said that the final strategy must recognise the critical role logistics plays in supporting our communities and economy.    Head of Cities and Infrastructure Policy Jonathan Walker says:    “The lack of mention of freight in what purports to be a vision for an Integrated National Transport Strategy is deeply disappointing. The UK needs a genuinely integrated transport strategy that meets the needs of the travelling public while facilitating the efficient movement of freight, which is critical for driving growth throughout the economy and delivering the goods that consumers and businesses rely on every day.    “Logistics UK has identified the key transport corridors and critical routes for investment and is pressing the Treasury and the Department for Transport to use our research for formally identifying the UK’s Logistics Network and use this as the basis of a 30-year infrastructure strategy.    “The Transport Secretary has rightly highlighted the need to reform the appraisal system to give sufficient weight to transport projects that enhance access to jobs, boost productivity, and help businesses grow and these are areas where the logistics sector has extensive experience. Around 8% of the nation’s workforce work in logistics and the sector contributes £185 billon to the economy which means that, if appraisals are properly reformed, the result should be greater investment in the UK’s critical supply chain infrastructure. We will continue to work with the government to achieve a truly integrated network to keep people moving and keep Britain trading.” 

Within the 1st 100 days, the NDA Govt. has showcased an unwavering commitment to Bharat’s infrastructure growth. They have launched ambitious projects aimed at transforming the nation’s connectivity and boosting its economy. One of the most significant announcements came on August 2, when the government approved 8 National High-Speed Corridor projects spanning over 900 kms at an estimated cost of ₹50,655 cr. This initiative alone is projected to create 4.42 cr man-days of direct and indirect employment, a move that will undeniably impact Bharat’s economy positively. The 6-lane Agra-Gwalior National High-Speed Corridor, which will enhance connectivity between Uttar Pradesh and Madhya Pradesh, reduce travel time by 50%, and cut logistics costs significantly. The 4-lane Kharagpur-Moregram corridor will offer a substantial 5-fold increase in traffic capacity and cut down travel time from 10 hours to just 3-5 hours. These projects aim to strengthen economic ties between key states, improving trade routes and enabling faster movement of goods and people. In only 100 days, the government's focus on improving transportation efficiency, reducing congestion, and enhancing trade connectivity reflects its broader goal of turning Bharat into a global economic powerhouse. With more such projects set to roll out, it is clear that the government’s re-election has brought with it a renewed vigour for development, paving the way for significant progress in infrastructure and employment generation across Bharat.

YEIDA Announces Budget Of Rs 10000 Crore The Yamuna Expressway Industrial Development Authority (YEIDA) announced a budget of almost ₹10,000 crore for 2024-25 fiscal, making provision of ₹ 700 crore for Noida Airport expansion and ₹300 crore for rapid rail connectivity. Of the total budget, 80 per cent would be spent on land acquisition as the YEIDA has planned manufacturing clusters for electric vehicles (EVs), semi-conductors, Data Parks, among other specialised companies, officials said. The YEIDA, which functions under the Uttar Pradesh government and manages land along the 165-km-long Yamuna Expressway from Greater Noida to Agra, also announced a hike of 5.41 per cent in the cost of land under its area. The budget was presented to the YEIDA’s Board during its 80th meeting chaired by its chairman Anil Sagar which approved it. “We have prepared an ambitious plan for development of new sectors new allotments, including innovative sectors like semiconductors and Data Park. We are acquiring land for eight new sectors, creating new land bank. For this, the budget this year is being increased from ₹5,630 crore to ₹9,992 crore, which is almost double as compared to last year. Of the total budget, over Rs 6,000 crore would be spent on land acquisition, ₹2,000 crore in development works,” YEIDA’s CEO Arun Vir Singh said. “In essence, almost 80 per cent of the budget, which is close to ₹10,000 crore, would be spent on land acquisition and development of new sectors. These new sectors would have clusters for EVs, semi-conductors, electronic manufacturing, and dedicated parks for industries like leather, plastic, handloom and transport, etc. have been planned,” Singh said. YEIDA, which is a 12.5 per cent stakeholder in the upcoming Noida International Airport, has planned connectivity between the airport and Delhi through Ghaziabad via the RRTS rail system. “For acquisition of land for the third phase expansion of the airport in Jewar, a provision of Rs 700 crore has been made in the budget. Also, a provision of Rs 300 crore has been made in the budget for the rapid rail, which would be connecting the airport in Jewar to Ghaziabad,” Singh told reporters.

With the most-anticipated #Budget announcement just a day away, Mr. Nitin Aggarwal, CEO of TVS Infrastructure Investment Manager Private Limited, shares his insightful #prebudget expectations in a recent Deccan Herald feature. Mr. Aggarwal emphasized the need for #MSME status for the #industrial real estate sector. Additionally, he advocated that the rise of #ecommerce hubs across India has amplified the demand for efficient warehousing solutions. This growth necessitates advanced, strategically located warehouses to meet the heightened expectations of modern consumers.   At TVS ILP, we anticipate measures that recognize the exponential demand for industrial #warehousing and support the sector in meeting this demand through #sustainable solutions.   Read more about Mr. Aggarwal’s vision in the full article here:   https://lnkd.in/gdwY5hCq   Aditi Kumar Dr. Ramnath Subramaniam Manikandan Ramachandran Nitin Aggarwal Subodh Bhandari Sandeep Asrani Ravi Teja Varma Arnab Raha Kushal Motiani Rajesh T Arul Murugan #TVSILP #PreBudget2024 #IndustrialRealEstate #Sustainability #Budget2024 #UnionBudget

Within the 1st 100 days, the NDA Govt. has showcased an unwavering commitment to Bharat’s infrastructure growth. They have launched ambitious projects aimed at transforming the nation’s connectivity and boosting its economy. One of the most significant announcements came on August 2, when the government approved 8 National High-Speed Corridor projects spanning over 900 kms at an estimated cost of ₹50,655 cr. This initiative alone is projected to create 4.42 cr man-days of direct and indirect employment, a move that will undeniably impact Bharat’s economy positively. The 6-lane Agra-Gwalior National High-Speed Corridor, which will enhance connectivity between Uttar Pradesh and Madhya Pradesh, reduce travel time by 50%, and cut logistics costs significantly. The 4-lane Kharagpur-Moregram corridor will offer a substantial 5-fold increase in traffic capacity and cut down travel time from 10 hours to just 3-5 hours. These projects aim to strengthen economic ties between key states, improving trade routes and enabling faster movement of goods and people. In only 100 days, the government's focus on improving transportation efficiency, reducing congestion, and enhancing trade connectivity reflects its broader goal of turning Bharat into a global economic powerhouse. With more such projects set to roll out, it is clear that the government’s re-election has brought with it a renewed vigour for development, paving the way for significant progress in infrastructure and employment generation across Bharat.