siliconindia | | July 20184It is no surprise that when we think of our economy's lifeline, we think of Logistics. According to the Economic Survey 2017-18, the country's logistics industry that stands at $160 billion will likely touch $215 billion by 2020 with the implementation of GST, growing at a CAGR of 10.5 percent. Employing over 22 million people, the logistics industry, however, still remains largely unorganized, leading to higher operating costs. However, in the recent times, logistics management is increasingly becoming a topic of interest among academia and practitioners, which will gradually help to not only reduce operational cost, but also enhance delivery performance and increased customer satisfaction levels. This has further streamlined the entire logistics industry comprising of transportation, warehousing, freight forwarding, express cargo delivery, container services, shipping services and several others. Despite holding promise, the logistics sector in India remains mired in several complexities that are holding back its growth, which includes significant inefficiencies in transportation, poor condition of storage infrastructure, complex tax structure, low rate of technology adoption, and poor skills of logistics professionals. Another point that needs immediate attention is the poor condition in which the drivers are forced to drive long routes that leads to shortage of drivers. Though the government has come-up with various initiatives to help improve the condition of the industry, the industry too is working & aligning their vision with the government to provide better working conditions to their workforce, has improved infrastructure, and pass-on the benefit to the customers in terms of money. Bringing you some of such logistics companies that are translating the industry for all good in our current issue of `20 Most Promising Logistics Service Providers - 2018,' siliconindia intends to help you choose your best logistics partner for all your logistics needs, whether land, air or water or a combination of these to provide the best of services.Do let us know what you think! Anamika SahuManaging Editoreditor@siliconindia.comEditorialBetter Logistics Services will Help Industry Put Growth in Top Gears siliconindia Vol 06 · Issue 12 - 5 · July 2018 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Associate Editor Susila Govindaraj Editorial Team Ananth .V John Roshan Anto Krupa P. Dave Shefali Mathur Sophia Rohtagi Sujith Vasudevan Sushruth R Srrayvinya OLM Trisha Pragya VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindiamagazine.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2018 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers Manjunath Mohana KrishnanGroup Art DirectorAshok Kumar NoidaGarima Anand Ashu Sethi Circulation Manager Magendran Perumal Ameet Kumar Sahoo Jyoteshwari Baheshwar Sambit Satpathy Susnigdha Bhowmik
< Page 3 | Page 5 >