Thursday, January 18, 2007

Logistics, the next growth segment

The Hindu Business Line reports that with the rapid growth of the retail sector in India, logistic companies in India are looking for significant investments to increase their services. At present, this is one area that is lacking in infrastructure and chain components. According to Edelweiss, the 6 main companies in this area: Concor, Gateway Distriparks Ltd (GDL), Allcargo, SICAL, Transport Corporation of India and Gati, are likely to spend more than Rs 3.400 crore in the next three years to gear up for the opportunities.

Concor and SICAL are focusing on cold chain logistics, GDL and SICAL are looking towards container trains and TCI and Gati are focusing on warehousing. Edelweiss estimates that the container train segment will receive Rs 1,600 crore in the next three years, while warehousing will get Rs 200 crore, offshore logistics will get Rs 250 crore and trucking will get Rs 380 crore.

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