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Tag: logistics Industry

The 13th Edition of The India Warehousing Show Set to Transform the Logistics Industry

National, July 12th 2024: The India Warehousing Show (IWS) organized by RX India, is poised to make a significant impact in the warehousing sector with its 13th edition. The show was inaugurated by Shri Surendra Ahirwar, Joint Secretary Logistics & Trade, Ministry of Commerce & Industry at Yashobhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi. IWS continues to be a cornerstone event for warehousing, material handling, logistics, automation, and supply chain professionals bringing the entire industry together under one roof.

RX INDIA

The inauguration ceremony was graced by Shri Surendra Ahirwar, Joint Secretary Logistics & Trade, Ministry of Commerce & Industry, Kamlesh Gosai, Executive Director /Gati Shakti (Traffic), Railway Board (Ministry of Railways), H. N. Aswath, Development Advisor, Ministry of Ports, Shipping and Waterways, Sagar Kadu, Director Logistics, Ministry of Commerce & Industry, Government of India.

Speaking during the keynote address Shri Surendra Ahirwar, Joint Secretary Logistics & Trade, Ministry of Commerce & Industry emphasized the transformative changes in India’s logistics sector, such as the integration of technology and human skills, which have significantly enhanced efficiency in the supply chain. He further added ” Exhibition and Conferences like the India Warehousing Show are crucial catalysts for brainstorming, ideation, and innovation. We are witnessing significant advancements in digitalization, infrastructure, and investments in the logistics sector every month. As we look towards 2047, our collective efforts across government, industry, and citizens aim to establish India as a developed nation. The international exchange at India Warehousing Show fosters sharing of technology, knowledge, and best practices, driving forward our logistics industry.”

Speaking during the welcome address Mr. Umang Gupta, Country General Manager, RX India, appreciated the presence of Hon’ble government dignitaries and industry leaders. He further added “The warehousing & logistics sector’s growing importance to the national economy necessitates collaboration across the economic value chain and a focus on technological advancements for sustained growth. Over the years, the India Warehousing Show has become the premier event uniting policymakers, technology providers, and infrastructure stakeholders. The 13th edition is dedicated to navigating the evolving policy and technology landscapes, connecting stakeholders crucial to the future of warehousing & logistics. We at RX India aim to connect all stakeholders vital to the next stage of warehousing & logistics”

The 13th edition of India Warehousing Show witnessed participation from 250 exhibitors.RX India aims to offer an immersive experience and platform where participants can witness the latest technological advancements and live product demonstrations from the biggest national and international companies providing solutions for storage, transportation, and logistics customers. The event also showcases a series of expert-led panel discussions, industry talk shows and networking sessions with industry leaders specifically designed to provide valuable insights into the logistics, warehousing, and supply chain industries.

Attendees had an opportunity to engage in a series of discussions with Government & Industry decision-makers on topics such as the National Logistics Policy, optimizing logistical costs, AI and Industry 4.0 in supply chain efficiency, and sustainability in logistics. Notable sessions also include discussions on women in leadership roles within the logistical sector and the impact of e-commerce and Q-commerce on consumer experiences. The state-of-the-art Yashobhoomi venue offered cutting-edge facilities and ample space, making it an ideal environment for industry professionals to connect, collaborate, and drive innovation.

The exhibition saw participation from leading players like DP World, APL Apollo Steel Pipes, Cushman & Wakefeild, Mitsubishi Electric, Nido Automation, Gandhi Automation, Action Construction Equipment, Avery Dennision and Gaurang Steel to name a few.

The 13th Edition of The India Warehousing Show Set to Transform the Logistics Industry

New Delhi, July 9th , 2024: The India Warehousing Show (IWS) is slated to make a significant impact in the warehousing sector with its 13th edition, scheduled to take place from 11th to 13th July 2024 at the state-of-the-art Yashobhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi. Organized by RX India, IWS continues to be a cornerstone event for warehousing, material handling, logistics, automation, and supply chain professionals bringing the entire industry together under one roof.

The 13th edition of IWS shall feature a special address by Shri Surendra Ahirwar, Joint Secretary Logistics & Trade, Ministry of Commerce & Industry, who will share his insights on the evolving logistics landscape in India. His address will highlight the government’s initiatives to enhance the efficiency and competitiveness of the sector, aligning with the theme “Streamlining Tomorrow: Transforming Supply Chains through Automation.

Speaking about the event Mr. Umang Gupta , Country General Manager, RX India said “With the warehousing & logistics sector becoming increasingly critical to national economy, the industry needs to collaborate across the economic value chain and focus on technological advancements for business growth. Over the decade, India Warehousing Show has become the flagship event that brings together policy makers, technology companies & infrastructure customers, all under one roof. The 13th edition of IWS is focused towards the rapidly evolving policy & technology landscape and aims to connect all stakeholders vital to the next stage of warehousing & logistics.”

With over 250 exhibitors, IWS aims to offer an immersive experience and platform where participants can witness the latest technological advancements and live product demonstrations from the biggest national and international companies providing solutions for storage, transportation, and logistics customers.

The event will also showcase a series of expert-led panel discussions, industry talk shows and networking sessions with industry leaders specifically designed to provide valuable insights into the logistics, warehousing, and supply chain industries.

Attendees can look forward to a series of engaging discussions from Government & Industry decision makers on topics such as the National Logistics Policy, optimizing logistical costs, AI and Industry 4.0 in supply chain efficiency, and sustainability in logistics. Notable sessions include discussions on women in leadership roles within the logistical sector and the impact of e-commerce and Q-commerce on consumer experiences. The state-of-the-art Yashobhoomi venue offers cutting-edge facilities and ample space, making it an ideal environment for industry professionals to connect, collaborate, and drive innovation.

What this budget meant for logistics Industry

Bengaluru February 5, 2024– Finance Minister of India Ms Nirmala Sitaraman presented her annual but interim budget (due to ensuing elections) very recently. It had slew of offerings for logistics industry. The logistics sector has received a major push in the Interim Budget 2024 as the government plans to set up three major economic railway corridors to reduce congestion and logistics costs in India. Industry stakeholders welcomed the government’s plans but have highlighted that certain areas still require attention. Industry stakeholders welcomed the government’s plans but have highlighted that certain areas still require attention.

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The government said these projects have been identified under the PM Gati Shakti for enabling multi-modal connectivity. These commodity-specific economic rail corridors aim to address congestion issues in rail lines, particularly in the eastern region. These dedicated corridors will facilitate faster movement of freight and improve turnaround times, reducing logistics costs for India. Currently, logistics costs account for approximately 12% of India’s GDP, which hampers its competitiveness, particularly in the manufacturing sector, compared with competing countries. Industry stakeholders say that by reducing traffic on transportation routes and improving the efficiency of freight transportation, the county can increase its logistical competitiveness.

Venu Kondur

Giving his views on the budget Lobb Logistics Chief Executive Officer Venu Kondur said, “This will be an added boost to Tech led logistics businesses “All forms of infrastructure – digital, social, physical – are being built in record time”, he went on to say “the government must adopt economic policies that will sustain growth and contribute in powering investment and fulfil aspirations. The commitment of renewed assurance on logistics policy and connecting multi-model through technology is going to be key. Increasing road network for motorable roads is also an added fillip to us. The government will take up next generation reforms and build consensus with the states and stakeholders to ensure effective implementation, Policy priority to provide training for MSMEs to compete globally. The government promise to expand and strengthen the EV ecosystem by supporting manufacturing and charging infrastructure”.