This article is part of Inc42’s Startup Watchlist annual series where we list the top startups to watch for 2018 from industries like Blockchain, Logistics, Fintech etc. Explore all the stories from ‘Startup Watchlist’ series here.
The line between disorder and order lies in logistics.
This quote by Sun Tzu, the author of the book The Art of War, might be an old one, but its relevance is still intact. Ever since the middle ages, logistics has been a crucial part of winning or losing any war. Now, in the millennial generation, the logistics startups are fighting this war on multiple fronts for different industries.
In India, logistics startups majorly gained their foothold after the onset of the ecommerce industry. As players like Flipkart, Snapdeal, Amazon gave way to their in-house logistics services, a number of startups started tapping other areas to support the existing supply chain solutions or to fill the gaps in the otherwise fragmented and unorganised Indian logistics industry.
And the difference is widely visible in the last 10 years. As per a June 2016 report by World Bank, India has jumped 19 places in the Global Logistics Performance Index, from 54 in 2014 to 35 in 2016. Not only this, recently, in November 2017, the government also gave Infrastructure status to logistics, clubbing it with transport which means that in near future Indian startups can sell their goods in global markets at much better competitive prices.
A clear win-win for the Indian exports sector.
A significant role here is being played by government initiatives such as Make In India, geared towards improvements in the country’s infrastructure and increased domestic consumption. But at the same time, the Indian logistics startups have also paved way for heavy investment into the sector.