May19 , 2024

    Auto, infra sectors give boost to logistic business

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    Fuelled by rising demand from the automotive and infrastructure sector, the logistic movement has gone up by over 10 per cent and seen rising further on increased orders for container deliveries to port.

    Rise in exports from the land-locked state Madhya Pradesh has boosted the logistic industry , eyeing for a double digit jump during the peak demand period from April to June.

    Indore is a major trading and business center with an estimated movement of around 4,000 commercial vehicles every day, according to truckers.

    Amrit Madan, president, All India Motor Transport Congress said, “Logistic sector is growing because of encouraging demand from the automotive and infrastructure industry. Transport from across most sectors have picked up but automotive led by the EV segment and infrastructure is leading the growth. We are anticipating around a 10-15 per cent rise in the logistic movement from the previous year.”

    The All India Motor Transport Congress, a body of truckers and transporters, said the scrapping of notified check posts will cut down travel time and may bring down freight charges.

    The new season harvest of the rabi crops and a pickup in the demand for grocery items has also led to a surge in bookings for trucks from Indore to other parts of the country.

    Vijay Kalra, former vice president, All India Motor Transport Congress (West Zone) said, “This is the peak season for the logistic industry and this season has started on a very good note. There is a sharp rise in the movement of automobiles, grains and other commodities from Indore to South, Maharashtra and other parts of the state.”

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