Staffing third-party logistics
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Technology adoption drives third-party logistics growth, but a shortage of skilled manpower remains a challenge.
- ✓Cyrus Guzder said, "Manufacturing cannot really do without a logistics operation." The sector employs 95 lakh people and needs 43 lakh more by 2030.
- ✓Many companies now use AI to train workers for new roles.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Technology adoption drives third-party logistics growth, but shortage of skilled manpower remains a challenge
Logistics companies are increasingly becoming specialised and technologically competent, enabling manufacturers and e-commerce businesses to outsource transportation, warehousing and distribution services, but the shortage of skilled manpower is a rising concern in the sector, says Cyrus Guzder, Chairman of the Logistics Sector Skill Council (LSC) and CMD of AFL Private Ltd.
"Manufacturing cannot really do without a logistics operation -- both to bring parts from all over the country into the plant before manufacturing and for the distribution of the finished goods," he says.
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Business Line
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