Untitled Document

Excon, Excon 2011 Biggest Construction Equipment Trade fair India.

Find all the latest updates on construction, construction equipments, softwares, infrastructure news, global trade shows, and get deep insights into the construction & infrastructure industry.


	Home About Us New Issue Advertise Subscribe Subscribe Enquiry Subscribe Online Events Contact

IRB Infrastructure Forms JV with Reliance Infrastructure for NHAI project | JSW raises Rs1849 cr via warrants issue | NTPC may buy stake in Australian coal mines | RIL plansto invest US $4 bnover 3 yrs for broadband | TATA Metaliks to construct 3mt steel project in Karnataka | Vizag Port in pact with Sterlite SAIL and Essar for integrated logistics hub | Sarguja UPMM in Chattisgarh delayed due to environment clearance |Chhattisgarh to plant six crore saplings this monsoon |Reliance Ind to infuse $3 bn to expand petrochem unit in Gujarat | Govtfavors 10% disinvestment in Coal India, Hindustan Copper

www.epcworld.in

Airports & Aviation

Cement

Equipment

Construction Equipments

Mining Equipments

Material Handling Equipments

Global Brief

Information Technology

Logistics & Transport

Oil and Gas

Ports and Shipping

Power & Energy

Railways

Real Estate

Roads and Bridges

Steel

Telecom

Andhra Pradesh CM killed in copter mishap | Kolkata Port invites bids for HDC | Govt signs agreements with World Bank for three projects | Thermax enters into JV with SPX Corp | IVRCL Infra bags Rs 583 cr water projects

Logistics

3PL to revive Indian logistic indus

6/5/2009 11:43:39 PM

Mumbai, June (EPC NEWS): According to the ‘3rd Party Logistics Market in India’, a study released by RNCOS at present the 3PL market is at nascent stage in India.

The total revenue generated by 3PL players surpassed US $1.5 billion in 2008 from mere US $890 million in 2005.

while the share of 3PL services in India is far lesser than developed markets, when it comes to share of logistic cost as percentage of GDP, it is high in India and China ranging between 13% and 15% due to lack of infrastructure facilities and less focus on creating value through efficient handling of logistic services. The auto and IT hardware industry is the largest end-user industry for 3PL services.

Other sectors that have shown substantial contribution to 3PL market and significant growth potential include FMCG, pharmaceutical and retail sectors.