Indian Logistics sector is supposed to be highly unorganized and entry of MNCs and Corporate houses was supposed to change that.
What happened? A leading corporate is closing down its logistics venture, a leading retailer is rethinking its plan for asset based logistics service, a leading auto group's logistics company yet to decide on a proper software to run its operations !!
On the contrary, the "sethji" driven logistics firms are holding on their own- even expanding in some cases.
The reason to me is that "white collar" businesses found logistics too difficult a terrain. They found that there is no premium in the market for brand name, state of the art technology and most importantly "white collar" manpower.
Logistics is a fierce industry- run largely by hardened people at bottom of the corporate pyramid. It does not offer returns as say real estate does (+ve or -ve: you can't beat realty). It requires dealing with not so nice communities such as drivers, RTO, brokers.
Thus, it is now back to traditional companies- till the next wave lifts all boats up !!
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