Authors :
Dr. Samuel Ernest
Volume/Issue :
Volume 5 - 2020, Issue 12 - December
Google Scholar :
http://bitly.ws/9nMw
Scribd :
https://bit.ly/3bXrqDb
Abstract :
With the make in India initiative by the
Indian Government, India is emerging to become leading
global manufacturing hub for manufacture of
automobiles, high technology electronics goods, textiles,
pharmaceuticals, and Agri commodities. Logistics
services is the backbone for the manufacturers by
providing efficient, cost effective flow of goods. Logistics
and supply chain management plays major role on
economic competitiveness and growth. The performance
of logistics sector in the economic development of India
has never been more compelling. This was due to the
high logistics cost in India. Logistics cost in India is
significantly high compared to the first world regions
like US and Europe. It affects the cost competitiveness of
India’s exports. In India the logistics cost is around 13 –
14% of GDP as against the US (8%). Transportation and
warehousing cost constitute and major portion ie,
around 60% of the logistics cost. Major modes of
transport in India are Sea, Road, Rail and Air. Domestic
transportation has lot of challenges in India which leads
to increase in logistics cost. As there are many ways to
reduce the transportation cost, there is an unexplored,
most significant way called Coastal Transport which can
lead to many benefits in terms of cost and environment.
Even though there are reasonable reduction in the cost
while moving goods by Coastal Transport, still major
portion of the domestic volume is moving through Road
and Rail transport. This paper is to understand the
requirement of domestic transport in India, explore
whether usage of Coastal Transport can be an option to
solve the current challenges in domestic transport in
India and to understand the infrastructure requirement
and other measures to strengthen Coastal Transport in
India.
Keywords :
Logistics Cost, Transportation, Coastal Transpor
With the make in India initiative by the
Indian Government, India is emerging to become leading
global manufacturing hub for manufacture of
automobiles, high technology electronics goods, textiles,
pharmaceuticals, and Agri commodities. Logistics
services is the backbone for the manufacturers by
providing efficient, cost effective flow of goods. Logistics
and supply chain management plays major role on
economic competitiveness and growth. The performance
of logistics sector in the economic development of India
has never been more compelling. This was due to the
high logistics cost in India. Logistics cost in India is
significantly high compared to the first world regions
like US and Europe. It affects the cost competitiveness of
India’s exports. In India the logistics cost is around 13 –
14% of GDP as against the US (8%). Transportation and
warehousing cost constitute and major portion ie,
around 60% of the logistics cost. Major modes of
transport in India are Sea, Road, Rail and Air. Domestic
transportation has lot of challenges in India which leads
to increase in logistics cost. As there are many ways to
reduce the transportation cost, there is an unexplored,
most significant way called Coastal Transport which can
lead to many benefits in terms of cost and environment.
Even though there are reasonable reduction in the cost
while moving goods by Coastal Transport, still major
portion of the domestic volume is moving through Road
and Rail transport. This paper is to understand the
requirement of domestic transport in India, explore
whether usage of Coastal Transport can be an option to
solve the current challenges in domestic transport in
India and to understand the infrastructure requirement
and other measures to strengthen Coastal Transport in
India.
Keywords :
Logistics Cost, Transportation, Coastal Transpor
