Logistics is a critical enabler of connecting supply and demand, resulting in a dynamic and a growing economy. With world economic conditions getting much healthier, thanks to steps taken by governments to stimulate their economies, logistics services providers are aggressively gearing to realign their business processes and reshuffle their global portfolios to cater to the tremendous opportunities that have emerged in accelerating the trade flow within each country as well as between countries.
Thus, the logistics and transport sector the world over has got a huge fillip, which signifies a strong competitive scenario. Naturally, industry players are not only taking extra efforts in providing innovative solutions and value-added services, but are also looking at strengthening their services through partnerships, domestically and internationally.
Delivering logistics solutions is getting increasingly sophisticated both due to customers' requirements and supply side innovations, especially driven by information technology. Challenges such as cost versus value focus, asset versus non-asset based positioning, business scope and scale, and service level and quality management are critical to the competitive advantage of logistics solution providers.
In this context, India is emerging as a promising destination. Powered by its manufacturing sector and strengthened by rapid development in hinterland connectivity, multimodal transportation, huge infrastructure investments and emergence of highly industrialised, IT-driven supply chain providers, India's logistics industry is set to achieve new milestones of growth in the coming years.
With an estimated GDP of $1,300 billion in 2009-10 and over 13% spent on logistics, the Indian logistics industry is worth over $169 billion. It is this potential that has seen global players making inroads into the country through partnerships and investments. And this is just the beginning.
The high-profile speakers at this year's CONquest 2011 International Conference & Expo, on 18th & 19th January 2011 at The Lalit, New Delhi, will collectively bring a wealth of knowledge and understanding about ever-changing strategies within the global logistics industry and the promise that the Indian logistics industry holds for the world. North India is a key factor in this as it has emerged as an economic powerhouse with rapid industrial growth and widespread infrastructure development.
International attendees will benefit from the shared insight on what is required to remain in the competitive race and boost their business dynamics in the global and Indian market.
As a value-addition and complementing the international conference, CONquest 2011 will also have an expo, where exhibitors from across the logistics industry worldwide will showcase their latest services and technology.
Your business deserves the best and CONquest 2011 promises to deliver nothing less!