Improving Storage Infrastructure to Propel Growth in Indian 3PL Market

The increasing focus of government and private players to develop storage infrastructure is expected to boost the Indian 3PL industry, reports a recent research by RNCOS.

NOIDA, India (prHWY.com) January 20, 2013 - The storage infrastructure serves as a backbone for the 3PL Industry. In a country like India, where 3PL Industry is still at its nascent stage, the efficient storage infrastructure is a pre-requisite for the industry's growth. Luckily, the government and the private sector is paying due attention for the development of the country's storage infrastructure. This in other words is opening doors to the growth in Indian 3PL Industry.

We, at RNCOS, studied the Indian 3PL market thoroughly and according to our report, "3rd Party Logistics Market in India", government and private players are making huge investments to develop the storage infrastructure in the country. For instance, Uttar Pradesh is looking at total warehousing capacity of over 6.5 Million Metric Tons in the near future to keep pace with robust food-grain production in consecutive crop seasons, and commensurate procurement by government agencies. The Uttar Pradesh government has also proposed to the Centre to set up 8 new cold storages under the State Horticultural Mission. Similarly, Infrastructures Kerala Ltd., Bahrain-based VKL Group and resort chain Mfar Hotels & Resorts Ltd. have entered into a joint venture, which will invest INR 0.65 Billion to develop a second CFS at Vallarpadam International Container Transshipment Terminal (ICTT). On the back of these developments, the Indian 3PL market is expected to surge at a CAGR of over 22% during 2012-2015.

Further, the report provides a comprehensive research and analysis of the current status and expected position of the 3PL market in India in near future. It facilitates future forecasts on 3PL market in Automobile, IT-Hardware, FMCG, and Consumer Electronics segments during 2012-2015. Freight movement through railways, airways, sea route, and roadways has also been analyzed. In order to present a complete picture of the industry, the report also includes profiling of the major players segmented into public and private players. Thus, the report will help clients to gain insights on their overall business, industry, and activities.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM186.htm

Some of our Related Reports are:

- Chinese Logistics Market Forecast to 2012 (http://www.rncos.com/Report/IM236.htm)
- China Shipbuilding Industry Forecast (http://www.rncos.com/Report/IM223.htm)

Check Related REPORTS on: http://www.rncos.com/Transportation.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: india 3pl market

Categories: Transportation

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