India’s logistics industry is highly fragmented, and less efficient at 14% of GDP as compared to 7% of EU and Japan. As per an estimate, there are over 1 mn transporters in India.
India’s logistics industry is highly fragmented, and less efficient at 14% of GDP as compared to 7% of EU and Japan. As per an estimate, there are over 1 mn transporters in India. Software as a Service is an ideal fit for helping logistics companies leapfrog to the next generation of technology- quickly and at a low investment. Logistics companies to quickly deploy teams, get real time data and ensure timely delivery of goods.
They can use just a Smartphone and get real time rates, track drivers and vehicles, participate in auctions and many more activities. A range of start-ups are offering multiple made-for-India solutions. No wonder, Logistics technology companies have attracted over USD 10 bn investment in the last few years.
In this episode, our guest- Apurva Mankad, CEO & Founder, Webxpress helps us understand how SAAS is innovating the logistics industry.
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