India’s gearing up to take full advantage of logistics technology enhancements
AirCargo 240 archive stories
Saturday, 16 January 2016
CHINA may have experienced a sharp correction as it battles to restructure its economy, but India looks ready to step up a notch or two.
With the current optimistic market outlook for India’s technology sector, India is poised to become the world’s next technology powerhouse.
According to global tech research and consultancy company Gartner, the market for electronic devices in India is expected to grow by 5.7 per cent until 2019, with mobile phones topping the list at 8.1 per cent, thus increasing the installed base of phones by 20 per cent to about 775 million.
Investments in data centre systems will reach US$2.9 billion in 2016.
Consultancy firm EY meanwhile expects white goods and televisions in India to show steady growth at 17 per cent annually, which, given the sub-par market penetration levels, presents an attractive opportunity to manufacturers in this space.
An industry conference ‘Preparing for Tomorrow’, jointly organised by the Confederation of Indian Industry and DHL, regional industry leaders, logistics experts and senior government officials recently gathered to discuss growth in India’s technology sector and critical issues required to support its growth, such as business readiness for GST and the adoption of new technologies in the supply chain to help tech companies capitalise on the upward industry trend. Rob Siegers, DHL’s president of technology said: “The strong momentum in India will make the crucial difference to business development going forward. The government’s constructive initiatives on GST and ‘Make in India’, together with the increasing consumer demand for electronics, will provide attractive growth opportunities for technology companies.”
“It is now critical to get the supply chains prepared for this growth and at DHL, we are poised to support tech customers with supply chain consultancy and also new technologies, such as Augmented Reality glasses currently being tested in warehouse plus investment in innovation solutions, specifically in India to support e-commerce,” he added.
Implementation of GST and the need for inter-state co-operation was discussed in depth at a lively panel discussion.
Smita Bhandari, executive director – Tax and Regulatory Services, Ernst and Young, further emphasised the importance for companies to start planning well in advance, saying it would take between eight and 10 months for them to prepare and become GST ready.
The recent Diwali shopping period has highlighted the exponential growth of e-commerce in India, especially for the technology sector.
Nitin Kochar, associate vice president, ShopClues and Ashish Chitravanshi, senior vice president – supply chain, Snap Deal, shared their insights on what is needed from logistics firms to support this sharp growth, highlighting the need for greater flexibility to align with industry dynamics.
Additionally, delivery to Tier Three and rural areas, localisation, payment solutions, elimination of fraud and faster returns with improved tracking options were stressed as key.
Blue Dart, the domestic express and e-commerce subsidiary of Deutsche Post DHL Group in India is part of DHL eCommerce and has made significant investments in this sector, including automatic sorting, mobile payment options and the recently-launched ground-breaking Parcel locker systems. “We collaborate very closely with the e-tailing industry and are constantly innovating new solutions for our customers to help them keep up with market dynamics,” said Sukhwinder Singh, senior vice president and regional head north, Blue Dart Express.
Rajeev Chaudhari, director – operations, ASUS, said he was confident of the opportunities the ‘Make in India’ campaign bring for the technology sector. “Logistics infrastructure and operations play an important role in this model,” he said. “We need to have the right attitude of collaboration and trust between brands and logistics partners to achieve the goals of time to market, geographical reach and a delightful customer experience,” he added.
“New technologies such as big data, the internet of things and augmented reality will create greater opportunities to improve logistics for the technology sector supply chain. These are the focus areas of the recently-opened DHL Innovation Centre in Singapore, where the team is leveraging these technologies to develop customer solutions.”
India’s gearing up to take full advantage of logistics technology enhancements
AirCargo 240 archive stories
Saturday, 16 January 2016
CHINA may have experienced a sharp correction as it battles to restructure its economy, but India looks ready to step up a notch or two.
With the current optimistic market outlook for India’s technology sector, India is poised to become the world’s next technology powerhouse.
According to global tech research and consultancy company Gartner, the market for electronic devices in India is expected to grow by 5.7 per cent until 2019, with mobile phones topping the list at 8.1 per cent, thus increasing the installed base of phones by 20 per cent to about 775 million.
Investments in data centre systems will reach US$2.9 billion in 2016.
Consultancy firm EY meanwhile expects white goods and televisions in India to show steady growth at 17 per cent annually, which, given the sub-par market penetration levels, presents an attractive opportunity to manufacturers in this space.
An industry conference ‘Preparing for Tomorrow’, jointly organised by the Confederation of Indian Industry and DHL, regional industry leaders, logistics experts and senior government officials recently gathered to discuss growth in India’s technology sector and critical issues required to support its growth, such as business readiness for GST and the adoption of new technologies in the supply chain to help tech companies capitalise on the upward industry trend. Rob Siegers, DHL’s president of technology said: “The strong momentum in India will make the crucial difference to business development going forward. The government’s constructive initiatives on GST and ‘Make in India’, together with the increasing consumer demand for electronics, will provide attractive growth opportunities for technology companies.”
“It is now critical to get the supply chains prepared for this growth and at DHL, we are poised to support tech customers with supply chain consultancy and also new technologies, such as Augmented Reality glasses currently being tested in warehouse plus investment in innovation solutions, specifically in India to support e-commerce,” he added.
Implementation of GST and the need for inter-state co-operation was discussed in depth at a lively panel discussion.
Smita Bhandari, executive director – Tax and Regulatory Services, Ernst and Young, further emphasised the importance for companies to start planning well in advance, saying it would take between eight and 10 months for them to prepare and become GST ready.
The recent Diwali shopping period has highlighted the exponential growth of e-commerce in India, especially for the technology sector.
Nitin Kochar, associate vice president, ShopClues and Ashish Chitravanshi, senior vice president – supply chain, Snap Deal, shared their insights on what is needed from logistics firms to support this sharp growth, highlighting the need for greater flexibility to align with industry dynamics.
Additionally, delivery to Tier Three and rural areas, localisation, payment solutions, elimination of fraud and faster returns with improved tracking options were stressed as key.
Blue Dart, the domestic express and e-commerce subsidiary of Deutsche Post DHL Group in India is part of DHL eCommerce and has made significant investments in this sector, including automatic sorting, mobile payment options and the recently-launched ground-breaking Parcel locker systems. “We collaborate very closely with the e-tailing industry and are constantly innovating new solutions for our customers to help them keep up with market dynamics,” said Sukhwinder Singh, senior vice president and regional head north, Blue Dart Express.
Rajeev Chaudhari, director – operations, ASUS, said he was confident of the opportunities the ‘Make in India’ campaign bring for the technology sector. “Logistics infrastructure and operations play an important role in this model,” he said. “We need to have the right attitude of collaboration and trust between brands and logistics partners to achieve the goals of time to market, geographical reach and a delightful customer experience,” he added.
“New technologies such as big data, the internet of things and augmented reality will create greater opportunities to improve logistics for the technology sector supply chain. These are the focus areas of the recently-opened DHL Innovation Centre in Singapore, where the team is leveraging these technologies to develop customer solutions.”
Consultancy firm EY meanwhile expects white goods and televisions in India to show steady growth at 17 per cent annually, which, given the sub-par market penetration levels, presents an attractive opportunity to manufacturers in this space.
