MAY 20184In a country as large as India, the performance of logistics sector in enhancing the economic development has never been more compelling. The industry as an interplay of infrastructure, technology and new types of service providers, is defining its ability to help customers reduce their costs in logistic sector and provide effective services.The industry has witnessed rapid growth in the last few years due to increased planned outlay of the government, improved infrastructure facilities and greater access to global markets. Statistics indicate the industry to reach over US$ 2 billion by 2019. With the promise of steady growth and improvement, the service-oriented logistics industry is ready to expand beyond the horizons in the latter half of this decade.The logistics infrastructure has gained the much-needed boost from business houses as well as policy makers. Increasingly, companies across the globe are looking at the world as both a unified production base and a market that a competitive logistics sector can successfully tap into. In fact, the space is burgeoning with several start-ups which are coming up with innovative technologies and approaches to revolutionise logistics solutions. With greater innovation and technological solutions, these start-ups are known to reduce wastage in supply chains and help in efficient transportation of goods all across the country. More and more start-ups are seen upping the ante in offering faster, smarter and more cost-effective services using big data, artificial intelligence (AI) and predictive analytics. In our current edition, we have featured "10 Best Start-ups in Logistics". We also recommend to read our cover story on LOTrucks, a company with a strong desire to succeed in changing the intra city logistics space by deploying the latest technology with the intent to provide convenient,affordable and consistently reliable mode of intra city logistics.Nandini MukherjeeManaging EditorInnovation + Technological Solutions = The Staggering Growth of Logistics Start-ups EDITOR'S NOTEsiliconindiasiliconindia Vol 3 · Issue 9 - 4 · May, 2018 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Amit Raja Naik Lakshmi G Pooja Devi Shefali Mathur Tashi Sangmo Chandrika P Patra Deepshikha Singh Sales & Marketing Tapas Ranjan Mallick Garima Anand Editorial Queries editor@startupcity.com To subscribe Visit www.siliconindiamagazine.com/subscribe Cover price is ` 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.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualisers Vetrivel S SivaSankarSr. Manager Sales & Marketing Amrit Singh SEPTEMBER 201647
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