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Effervescence in the warehousing industry

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The warehousing industry is observing major changes in recent years. To mention few are as- The industry structure is transforming from fragmented and unorganized players to large organized players. The industry is observing great transformation in working from just storing to planning and executing the supply chain up to the end user. Increasing institutional investor participation in the sector. Implementation of automation   and smart warehousing solutions in warehouse operations. Sharing data and space from other players in the field. New R&D is being carried out to reduce the operational cost and increase the efficiency of warehousing activities. Government is also realizing the importance of the sector and has started to acknowledge the efforts put by the industry.   Apart from these innovation or trend few new process and technique are being used by the industry which in coming days will surely put it among the most organized sector. One such proce...

Budget 2020 – The sprouting hope for warehousing industry

The term Warehouse is almost as old as agriculture. Although in recent, agriculture has seen few major transformation but the post harvest technology and storage is still struggling hard.  Indian  farmers incur loss of Rs 92,651 crore per year in  post - harvest , the primary causes of which are poor storage and transportation facilities. Ironically, to improve the state of storage and transportation facilities for food crops to control the post harvest losses all it need is an investment of Rs 89,375 crore. This is according to a high-level Dalwai committee report, a figure lower than the annual post-harvest losses. About 65-70% of total foodgrains produced in the country are stored at farm level. There are estimates that substantial quantity of foodgrains (about 6.0% to 10% of total production) are damaged due to moisture, insects, rodents and fungi. When Govt is trying hard to double the income of farmers by 2022 they can’t ignore the post harve...