In this sector there is a lot of investment that the logistics and transport industry is attracting in the coming days and year. With this transformations/changes led by these investments, the industry will create lot of jobs jobs. As per the experts’ prediction, by 2022, the transport and logistics industry can be the largest job creator.
As per recent survey, the industry employs more than 22 million people in India. The report also says that the growth in the industry would result in a 10 % less in indirect cost which in turn will result in a 5 to 8 % growth in exports. It is expected that by 2021, the Indian logistics sector will reach US$ 240 Billion. The Indian Govt is working on new logistics plan in India which will develop the most easiest way to transport goods by 2035.
Economic growth is increasingly associated with transport expansions, specifically infrastructures which more focuses in Major Metros although it now coming in small cities also. Thus, even though transportation is an infrastructure intensive process, hard assets must be taken care by a range of soft assets, particularly labor, warehouse management and information systems.