Chitran Maitra News Today

Currently valued at $8 billion with a 2% share in the global space economy, Indias space market could reach $40 billion by 2040 and claim a $100 billion share of the addressable opportunity in the global space economy

Web3 and Metaverse present a remarkable USD 200 billion prospect in India, says Arthur D. Little, a prominent management consulting firm, in its groundbreaking report titled

The premier signature tech event will set the stage for an enriching and transformative experience where luminaries from the tech industry will converge to explore the cutting-edge trends shaping societies and propelling future business strategies.

However, 38% of CEOs are pessimistic and cautious about economy

As per Arthur D. Little's GEMRIX, in India, with 40 different types of vehicles on offer, customers enjoy a good variety. However, this is mainly in the two- and three-wheeler space.

There is an urgent need for India to lower its logistics cost to 7-8 per cent of the GDP, according to a report by Confederation of India Industry (CII) and Arthur D. Little. It recommended a 20-25 per cent reduction in indirect costs. The report noted that the current logistics cost of India is 14 per cent of GDP, while in the US and Europe, it ranges between 8-10 per cent. Indias supply chain and logistics sector is one of the largest globally, with a logistics industry of $215 billion...

Saturday, 19 December, 2020, 08 : 00 AM [IST] Our Bureau, Bengaluru India’s supply chain and logistics sector is one of the largest globally, with a logistics industry of USD 215 billion, growing at a CAGR of 10.5 percent. However, despite its size and criticality to economic growth, India’s supply chain faces several barriers to growth notably an unbalanced logistics modal mix, high indirect costs, fragmented infrastructure and ...

India’s supply chain and logistics costs account for 14% of GDP The crisis has also necessitated the reimagination and redesign of supply chain management after businesses underwent digital transformation.  Share Via Email   |  A+A A- By Express News Service BENGALURU: India’s supply chain and logistics costs currently account for 14 per cent of the country’s GDP at a massive $400 billion, compared to global average of approximately 8 per cent, says a report by Arthur D. Little I...