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cities across multiple categories with
plans to expand into the top 35 cities
across India within the next two years.
Digga says: "In our bid to support
more green and sustainable logistics
infrastructure in the growing Indian
logistics ecosystem, we will also be
integrating more EVs into our fleet.
We plan to increase the number of
EVs in our fleet to 20 percent in the
near future."
Nair brings in a different, bullish
time, adds Tiwari of KSH Logistics. angle: "To deliver value, command
"With technology and gadgets, data a premium, and reduce overheads,
is at your fingertips and it's easier to We plan to expand our the country must have a well-spread
make decisions that are appropriate offices to tier-1 and network. There are very few such
for your organisation. It also provides tier-2 cities across companies for investors to invest in.
complete visibility - which helps India by the end of Each year, we generate Rs 50 crore in
you plug any gaps in your supply 2023, multiple product cash profit. After that, we put it toward
chain. We have enhanced techno- increasing our capacity. We only borrow
logistics systems that allow complete launches have been money from banks when we need it.
integration of solutions with clients’ aligned for H12023, and Our debt-to-equity ratio is favourable,
ERP systems providing real-time we plan to add 120+ and borrowing from banks is not a
visibility into the client's supply chain members by the end problem for us."
operations and helping them save of 2023. Borzo recently expanded its full-
significant value on their operational fledged services to Pune and are
costs. We intend to build on this and Zaiba Sarang expecting a 10 percent contribution
give clients value adds across their iThink Logistics to revenue from Pune in the next one
supply chain journey." year. ““We are operating in 14 cities,
government is meticulously pursuing and are looking to expand to about 20
2023, here we come its agenda of transforming the country cities by mid-2023. We are also looking
Maersk has set out an ambitious from a consumption-led to an exports- to introduce new modes of delivery
roadmap for expanding and led economy. This is evident through which will propel our overall growth,”
strengthening its landside transportation initiatives like National logistics policy, concludes Gangal.
while also decarbonising logistics, PM Gatishakti, Bharatmala, Sagarmala 2023 trends in the last-mile logistics
says Agarwal. "At the moment we have as well as them ensuring that logistics ecosystem will be the following,
deployed EVs for one of our customers in remains a major agenda in its G20 according to Rastogi of Locus:
NCR, and are in the process of readying representation. At Maersk, we will Sustainability to become a
and deploying much more. ensure to invest in such a way that we prerequisite, not a differentiator: One
“The focus is on several aspects can play a small yet significant part example is how businesses invest in
including: in the scheme of things. For domestic micro-fulfillment centres closer to
Usage of rail solution for long-haul exporters & importers, it is imperative customers to reduce emissions and
transportation of cargo; to get access to global destinations at speed up deliveries.
Strengthening last & middle mile a competitive transit time and cost. Increasing adoption of technology
distribution network to 75 percent+ We will use our tech investments to solutions: Studies have shown that
PIN codes; improve efficiency and bring simplicity by 2024, 50 percent of supply chain
Contracted fleet of 4,000+ vehicles while designing sustainable supply organisations will invest in applications
with capacity ranging from 500 kg to chains for our customers." that support advanced analytics and
30 tonnes; The plan is to double the customer AI capabilities to reduce costs and
Ready-to-deploy dedicated/leased base in domestic and international increase efficiency.
fleet for dry as well as cold shipments; products, says a confident sounding Rise in omnichannel retail: With
Deployment of FSSAI-compliant Sarang of iThink. "We plan to expand our businesses increasingly investing in
vehicles for the transportation of food offices to tier-1 and tier-2 cities across omnichannel capabilities to improve
products; and India by the end of 2023, multiple product delivery control, speed, flexibility, and
Transportation control towers with launches have been aligned for the first costs, last-mile logistics is bound to
24/7 vehicle visibility. half of 2023, and we plan to add 120+ become more efficient.
"As an integrated logistics company members by the end of 2023.” Pressure on drivers in the last mile to
working in today’s India, we are Porter, too, is focusing on deeper continue in 2023 with empowerment to
watching the developments closely. The penetration into tier-II and tier-III be a key theme.
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