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BW Businessworld

Our Future Perfect India

The disruptions caused by the pandemic are making logistics companies rethink their strategy and adopt new age technologies like IoT, artificial intelligence and machine learning to improve efficiencies in their operations. All this is working wonders for the sector’s growth

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Integrity, insight, and inclusiveness are the three essential qualities of leadership — Sadhguru 

In every walk of life and in every sphere, be it in business, politics or the corporate arena, the decisive difference comes from leadership. As India turns 75 on 15 August 2021, we salute our leaders who had shown us the way out of the morass of imperialism and colonization and the resultant famines and misery.

India celebrates its independence amidst the dread of the third wave of the coronavirus and the uncontainable Delta variant. We hope to be better prepared than we were before, should the third wave of Covid grip the country as is apprehended. The lessons learnt from the last wave of the pandemic have come in handy for both the public and the private sector in the battle against it. In the first wave of the pandemic and the subsequent lockdown that followed, India’s food and essential services supply chain remained amazingly efficient.

We find now, as our cover feature will tell you, that India’s logistics market has not only had a robust growth, having increased at a CAGR of 10.5 per cent since 2019, it is expected to grow at the same pace till 2025, led by technological advancements. The focus of our cover story is innovations in supply chain management and how India compares with the rest of the world in terms of innovation and processes. The pandemic prompted adoption of digital interventions in supply chain management, which gave a fillip to e-commerce transactions and Direct-to-Consumer (D2C) companies over the past two years. We highlight the challenges that lie ahead and the key issues that require immediate attention.

 The pandemic also brought into focus the achievements of the Digital India Mission, as the AroygyaSetu and Co-WIN apps helped check the spread of the infection and the process of rapid vaccination of citizens. We look in depth into the Digital India Mission and its amazing impact on the Indian economy and in reaching out to the under-served. In a conversation with BW Businessworld, Additional Secretary in the Union Ministry of Electronics and IT (MeitY), Rajendra Kumar, says India was poised to emerge as a global IT superpower.

 Of course, we also bring to you all the features and columns that you look forward to. On the eve of our Independence Day celebrations, we invite you to pledge to keep yourselves and your communities safe from infection. Let us all do our bit in our own small ways. Jai Hind!

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logistics pandemic magazine 16 Aug 2021 editor's letter