The Shining Armor
The business world is loving the word outsourcing. From software to hardware, from HR to finance, from sourcing to delivery, every department can be outsourced while keeping the core business in hand. Logistics and supplychain is yet one such department that needs much of your time, energy and cost to function. Hence with the constantly increasing focus on core businesses by large clients, 3PL is also witnessing a constant growth. According to Technavio's market research analysts, the 3PL market in India will witness an incremental growth of over $10 billion during the period 2018-22.
The industry might witness more growth push courtesy the pandemic. Even the government is giving enough feed through various reforms and policies to ensure the growth never halts. Such initiatives have increased the 3PL companies' operational efficiencies and enabled them to optimize the supply chain operations, which will result in the industry registering a revenue of more than $31 billion by 2022. Further boom in the e-Commerce sector due to Make in India and other sectors due to Aatmanirbhar Bharat will also play important roles in brining substantial growth to the sector.
Understanding the growing demand of the sector, we at siliconindia Magazine brings to you `10 Most Promising 3PL Service Providers 2021'. It was indeed challenging for our panelists to shortlist and finalize the names as the industry is moving at a jet speed with tech-adoption. Our Editorial Board together with our team of experts comprising industry veterans, CEOs, consultants and investors together spent months researching and observing the companies and then finalized few to bring to you their story of services, opportunities, case studies and more. Read to know more about them.
Do let us know what you think!
The industry might witness more growth push courtesy the pandemic. Even the government is giving enough feed through various reforms and policies to ensure the growth never halts. Such initiatives have increased the 3PL companies' operational efficiencies and enabled them to optimize the supply chain operations, which will result in the industry registering a revenue of more than $31 billion by 2022. Further boom in the e-Commerce sector due to Make in India and other sectors due to Aatmanirbhar Bharat will also play important roles in brining substantial growth to the sector.
Understanding the growing demand of the sector, we at siliconindia Magazine brings to you `10 Most Promising 3PL Service Providers 2021'. It was indeed challenging for our panelists to shortlist and finalize the names as the industry is moving at a jet speed with tech-adoption. Our Editorial Board together with our team of experts comprising industry veterans, CEOs, consultants and investors together spent months researching and observing the companies and then finalized few to bring to you their story of services, opportunities, case studies and more. Read to know more about them.
Do let us know what you think!
