Track: Supply Chain and Logistic Competition

Abstract

The logistics sector in India is rapidly expanding, contributing around 14% to the country's GDP. This growth is driven by the rise of logistics and government initiatives like "Make in India," offering significant opportunities for Logistics Service Providers (LSPs). However, LSPs must adapt their strategies to seize these opportunities, as they face several challenges in delivering shipments on time and in good condition. Despite government efforts through large-scale projects, the sector still grapples with fragmentation, unorganized operations, infrastructure bottlenecks, and rising costs, all of which affect service quality. As India emerges as a global manufacturing hub, increasing demand in domestic and international markets is creating new opportunities for Indian industries. Globalization has intensified competition, compelling industries to produce cost-effective, high-quality goods under tight delivery schedules. However, issues like delayed shipments, poor quality supplies, and cost escalation threaten the credibility and business prospects of Indian manufacturers. Supply chain disruptions, in particular, can lead to significant losses.

Keywords: Logistics, Supply Chain, Logistics Service Provider (LSP), Supply Chain Management, Infrastructure bottlenecks.