A STUDY ON INDIAN LOGISTICS INDUSTRY

OBJECTIVE OF STUDY:

To study the performance of Indian Logistics industry with other countries and cost associated with it.

To study the impact of Logistics industry on performance of other industry

To study the Logistics cost associated in different industries

To study the transportation cost associated with different modes and their choice to choose mode.

To study the role of global 3PL service providers in India

To study the current scenario of Indian Logistics Industry

To study economic zone development for Logistics industry

RESEARCH METHODOLOGY
The objective of the present study can be accomplished by conducting a systematic market research. Market research is the systematic design, collection, analysis and reporting of data and findings that are relevant to different marketing situations facing the company. The marketing research process that is adopted in the present study consists of the following stages: a. Defining the problem and the research objective: The research objective states what information is needed to solve the problem. The objective of the research is to study the Indian Logistics industry growth drivers and its comparison with the other countries. b. Developing the research plan: Once the problem is identified, the next step is to prepare a plan for getting the information needed for the research. The present study adopted the descriptive approach wherein there was a need to gather large amount of information before making a conclusion. c. Collection and Sources of data: Market research requires two kinds of data, i.e., primary data and secondary data. Secondary data was collected from various books and web sites. Secondary data is use to complete this project report from various source like World Bank, CII and other consultant firms. d. Analyze the collected information: This involves converting raw data into useful information. It involves tabulation of data, using statistical measures.

Statistical Tools used: Percentage Analysis Bar Diagrams Column Diagram

FUTURE ENHANCEMENT OF LOGISTICS: Indias logistics sector attracted investments worth Rs. 23,200 crore in first half of 2008, according to a study by Assocham. It outclassed some of the major sectors including aviation (Rs 20,890 cr), metals and mining (Rs 8500 cr) and consumer durables (Rs 6000 cr) among others. Among the factors cited by analysts for the rapid growth of Indian logistics include the growth of organized retail industry, commodity markets, growth in manufacturing and development of Special Economic Zones. (SEZ). EXPECTED DELIVERABLES: The study is based on the secondary data published in newspapers, books and journals of the researchers. Sometimes data which is published by the researchers cannot analyse fresh situation means old data and wrong data is collected by inherent error. The time & cost plan an important role when one goes for a particular study. Due to the time & cost constrains the large sample was not taken. Hence extra picture cannot be received and the finding cannot be generalized.