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The logistics sector is at the cusp of the next phase of growth on the back of the push for manufacturing and infrastructure development in the country, market players feel.
With the country emerging out of the pandemic, and technology taking a whole new meaning in this post-Covid world, they feel, automation will be the next big thing in logistics.
“Multinationals and global supply chains in the reviving times are finding India an attractive location to establish their manufacturing base which will certainly prove instrumental for our economic growth and will have a direct impact on the growth of the logistics industry,” said Pawan Jain, Founder & Chairman, Safexpress.
He added that government initiatives like ‘Atmanirbhar Bharat’, setting up of logistics corridors, giving infrastructure status to the industry among others are driving the economic growth of the country.
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“Resilient and adaptive systems and proactive readiness for future, triggered through technology and automation will be the key approach for 2021, an outcome based on the learnings of 2020 after getting exposed to our weaknesses and gaps during the pandemic,” Jain said.
Lancy Barboza, MD of Flomic Global Logistics noted that the logistics and freight forwarding segment saw a dip in business volumes during the month of April 2020, mainly due to the pandemic spread out followed by the nationwide lockdown, but once the restrictions on the movement of goods were eased, it picked up steadily.
He was of the view that the year 2020 has taught many lessons to entrepreneurs and business leaders who would implement these lessons in their business strategy for 2021 and beyond.
“One learning will be to adopt digitalization of transactions. May it be banking transactions, foreign exchange remittances, or even the internal working in the organization which till Covid was heavily paper-oriented. The paperless, faceless initiative introduced by Indian Customs will be a game-changer in the coming days in the faster and smoother clearance of import and export cargoes,” Barboza said.
Ambrish Kumar, Founder of Zipaworld and Group CEO of AAA 2 Innovate Private Ltd was of the view that 2021 is ought to see more digital transformation to facilitate the new normal, be it small and medium enterprises or large enterprises.
Want to read more in Hindi? Checkout: गूगल ने व्हाट्सऐप ग्रुप चैट लिंक हटाए
He also noted the pivotal role likely to be played by the logistics sector in the distribution and transportation of Covid-19 vaccines.
Noting that several countries are banking on India in terms of supply of vaccines, he said: “However, due to the supply chain challenges like capacity crunch and shooting up of air freight prices coupled with the container shortage scenario for ocean freight, India seems like losing the opportunity and lagging in the competition.”
In 2021, according to Soham Chokshi, CEO and Co-founder at Shipsy, the major themes which will dominate will be vaccine procurement and distribution along with supply catching up with the demand as economic activities come to full swing.
“We expect demand to keep building up till the Q2 of this calendar year with rates normalcy kicking in towards the end of summers. The record low-interest rates globally would help businesses, as also witnessed in rising commodity prices, it looks like 2021 will bring in strong positivity and economic growth,” Choksi said.
Naman Vijay, CEO, and Co-founder of ClickPost emphasized the impact of the e-commerce business on the logistics sector.
“E-commerce sector has seen unprecedented adoption of technology during the pandemic and we see three major trends that will dominate logistics in 2021. Firstly, online retailers will prefer working with multiple courier partners to increase reach and reduce shipping costs,” Vijay said.
Secondly, online shoppers will expect real-time shipment tracking for their orders, and thirdly, e-commerce companies will invest significantly in automating logistics processes to improve long-term profitability, the ClickPost CEO said. (IANS)
Amitabh Bachchan is adored by the public for his unforgettable on-screen performances as well as his magnetic demeanour. Not only do fans love Amitabh Bachchan's outstanding performance, but the actor's heartwarming words are also highly regarded. A much moved Amitabh Bachchan, during his speech to the crowd of over 80,000 people at the Reliance Industries' annual event, said that the legacy left by Dhirubhai has had a positive impact on millions of people's lives worldwide.
When Bollywood superstar Amitabh Bachchan became bankrupt in the late 1990s, Dhirubhai Ambani stepped forward to give him financial assistance. In his speech, Bachchan remembered that Dhirubhai had sent Anil Ambani to offer him financial assistance during the crisis, which he had respectfully declined. Lenders began knocking on his door, losses mounted, and his bank account dwindled to nothing. He said, "Dhirubhai's money might have gotten me out of the problem quickly. However, I respectfully declined his offer and gradually began to find work again, which let me pay off my debt."
Amitabh Bachchan is adored by the public for his unforgettable on-screen performances as well as his magnetic demeanour. | Flickr
Later, after Bachchan had recovered from the bankruptcy, one day he was invited to an event at Dhirubhai's residence; Bachchan added, "Dhirubhai was standing and having a chat with his industrialist friends when he saw me there, he called me, firstly I felt shy even to present myself in front of such big industrialists but then, I went there, and Dhirubhai declared in front of all of them that 'This young man had fallen but managed to get back up on his own, I have a lot of respect for him because of that.' Those words of his were worth much more to me than any amount of money that he could have offered me."
It was the "Reliance Family Day" event and was attended by members of the Ambani family from all generations. The event commemorated the company's 40-year journey since its inception. It also celebrated the 85th birthday of the late Dhirubhai Ambani, RILs (Reliance Industries Limited) founder.
Keywords: Bollywood, Reliance, Amitabh Bachchan, Dhirubhai Ambani, event
In comparison to adults, children are prone to getting traumatized by troubling events easily, and this makes it important for parents to help their children when the times are tough. It could be a brutal accident, an unprecedented pandemic, a violent crime, or other disasters but with the right parental support, children have a higher chance of coming out stronger from an awful situation.
Anuja Kapur, Psychologist shares few tips wherein you can assist your child when tough times comes calling:
Every child responds differently to disturbing events: What children feel about a current disaster in their life and how they react to it can come and go in waves. Children can act moody and withdrawn at times, struck with sorrow and fear at other times. There's no absolute "right" or "wrong" way to feel after a traumatic event so make sure not to dictate what your child or how your child should feel and react to the event.
Children can act moody and withdrawn at times, struck with sorrow and fear at other times. | Photo by Kat J on Unsplash
Encourage your child to be transparent: Just make sure you let your child know that whatever feelings they're experiencing is normal. The unpleasantness will pass if your child opens up about it and that the phase is temporary. While many teens may be reluctant to talk about their feelings with a parent, encourage them to confide in another trusted adult such as a family friend, relative, or a counselor and teacher. It's important to talkeeven if it's not with you.
Just make sure you let your child know that whatever feelings they're experiencing is normal. | Photo by Sebastián León Prado on Unsplash
Deter your child from reliving the disturbing event: Dwelling over, watching the footage, or imagining the event can be overwhelmingly stressful for children and this stress can even block their nervous system. However, to negate such things from happening encourage activities that keep your child's mind occupied so they're not obsessive about the event. You could encourage your children to read, play games together, or simply watch an uplifting movie.
Dwelling over, watching the footage, or imagining the event can be overwhelmingly stressful for children and this stress can even block their nervous system. | Photo by Юлія Дубина on Unsplash
Cocoon your child with warmth: In order to reassure your child that they are safe with you and feel secure, that the worst is over your physical affection is important in making them feel safe again. Teens may try to be tough through it and avoid being held, but they still need the proximity.
In order to reassure your child that they are safe with you and feel secure, that the worst is over your physical affection is important in making them feel safe again. | Photo by adrianna geo on Unsplash
Maintain routines. Establishing a predictable structure and schedule for your child's life can help to make the world seem more stable again. Try to maintain regular times for meals, homework, and family activities. Make sure your child accommodates time and space for rest, play, and fun. Keeping up with a schedule can help countercheck the obnoxious feeling of stress and worry in children about the future being dark, hopeless, and unpredictable.
Try to maintain regular times for meals, homework, and family activities. | Photo by Paico Oficial on Unsplash
Acknowledge and validate your child's concerns. The disastrous events in life may give place to unrelated fright and concerns in your child. However, understanding and accepting your child's present state is a comfort for the child. If at any point the child blames himself for the event make sure to make it clear and crisp the event was not their fault, you love them, and it's okay for them to feel upset, angry, or scared but not guilty.
Understanding and accepting your child's present state is a comfort for the child Photo by Jeremiah Lawrence on Unsplash
Irrespective of the age of your child, it is vital for parents to offer that extra support and assistance following an unsettling event. The traumatic event may bring up unrelated fears and issues in your child. However, by accepting their thoughts and replacing their fear with your love and direction, the ominous feelings will start to fade away. Eventually, the child will be able to return to a normal and healthy life. (IANS/ MBI)
Keywords: Kids, Help, stress, cope, routine, warmth, understanding, encourage, psychology, children
The European Commission, the executive arm of the European Union (EU), has announced plans for smartphone and other electronics manufacturers to fit a common USB-C charging port on their devices in an effort to reduce waste. In addition to phones, the rules will apply to other devices like tablets, headphones, portable speakers, videogame consoles, and cameras, reports The Verge. The decision will have a huge impact on Apple, as the company still uses its own Lightning connector to charge iPhones. The proposals only cover devices using wired, not wireless and a USB-C port is only mandatory for devices that charge using a cable.
"Chargers power all our most essential electronic devices | Photo by Solen Feyissa on Unsplash
"Chargers power all our most essential electronic devices. With more and more devices, more and more chargers are sold that are not interchangeable or not necessary. We are putting an end to that," the report quoted EU commissioner Thierry Breton as saying.
The Commission also wants to unbundle the sale of chargers from the sale of electronic devices, which it says will improve the consumers' convenience. "With our proposal, European consumers will be able to use a single charger for all their portable electronics - an important step to increase convenience and reduce waste." In addition, the Commission will require manufacturers to provide relevant information about charging performance. (IANS/MBI)
Keywords: Electronic Devices, Chargers, Cable, smartphone, Adapters, Charging Cord