The rise of the logistics industry

Now, you must be wondering, where do all these super quick and precise activities take place?

Well, its usually a Fulfillment Centre in a modern integrated logistics park. Modern Fulfillment Centres include a Box facility (i.e. warehouse) along with packaging facility, inventory management, transportation, returns and other activities. However, unlike the previous brick-n-mortar warehouses, they come with state-of-the-art PEB sheets and flooring that reflects international standards of quality. Moreover, they are abnormally large – often measuring to about 450000 sqft.

With India’s e-commerce market growing from strength to strength, these Fulfillment Centres have drawn interest both from real-estate developers and investors.

The creation of such Fulfillment Centres has eased the entry of global brands entering India and 3PL player. Such entrants look forward to a Plug-n-play facility where they can start operations within a year without being bogged down by tedious formalities like land acquisition, tenders, government approvals, etc. For such players, modern Fulfillment Centres within integrated multimodal logistics parks are a convenient option to start operations at a low cost.

Future calling!

 Interestingly, these Fulfillment Centres and global warehousing come at a very propitious time. According to a recent report by CBRE, “The Indian market for warehouse automation is projected to grow at a CAGR of 10-12 percent to touch $3.49 billion by 2020.”

All of this translates into one simple result: your package reaches you at lightning speed. So, next time when you are shopping online or placing an order, remember there is a whole ecosystem working towards the fulfilment of that order.