siliconindia | | February 202019ndian logistics industry is at an inflection point across several dimensions - the business model in trucking is changing funda-mentally from truck as a product to truck as a solution. The infra-structure barrier, preventing smooth and expedited flow of freight is paving way towards the improved infrastructure and advent of digital solutions. Not just this, with the technology advancement, the interaction between shippers and carri-ers is getting fundamentally reshaped; thanks to new business models such as digital freight brokering.GST, Eway Bill and now Fastags have played an important role to bring the required restructuring in the trucking industry. Moreover, these have success-fully changed the end user's behavior towards necessity and need of technolo-gy adoption in near future. Adding on to all of this, the infrastructural changes on National Highways which is predicted to bring the inflection point, where the foundation for next 10-15 years of inno-vations and transformations in trucking and logistics industry can be built with great deal of certainty and confidence. It's time to gear-up and be ready for one the biggest opportunities in the making.IINDIAN TRUCKING INDUSTRY NEARS INFLECTION POINTBy Siddharth Jain, Co-Founder, VaahikaAN IIT ­ Roorkee alumnus, Siddharth incepted Vaahika in 2015, prior to which he held key positions at Frost & Sullivan and TATA Motors.CXO INSIGHTS
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