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Temperature Controlled Logistics Services Market in India

The TCL industry in India is still nascent, with bright prospects over a long term for participants, as a large share of the potential addressable market in user industries such as agriculture and dairy is yet to be tapped.

 Mumbai, Maharashtra , India

The Temperature Controlled Logistics (TCL) market in India recorded revenues of USD 3.83 billion in FY 2013. The TCL industry structure in India comprises a few organized service providers and a large number of unorganized service providers. Within organized providers too, there are very few with national coverage that can offer both temperature controlled transportation and temperature controlled warehousing services.
 
From the TCL services user industry side, agriculture, dairy and meat represent the leading segments. As of FY 2013, only about one-third of these industries’ spend on TCL activities was outsourced to service providers. Of this, less than half was managed by organized service providers, while the rest was held by unorganized service providers.
 
With the current cold chain infrastructure in India being only a fraction of the actual need, the overall TCL sector presents itself as a large and growing business opportunity. But understanding the TCL related practices and preferences of end-user industries is of prime importance for logistics service providers intending to explore the opportunity.
 
"The TCL industry in India is still nascent, with bright prospects over a long term for participants, as a large share of the potential addressable market in user industries such as agriculture and dairy is yet to be tapped. However, TCL service providers need to address a few challenges such as dominance of unorganized segment and rising costs. Through our upcoming briefing we will analyze the current status, trends and factors driving this market along with an insightful outlook” said Srinath Manda, Program Manager, Transportation & Logistics Practice, Frost & Sullivan.
 
The complimentary Frost & Sullivan Analyst Briefing (AB) titled, ‘Temperature Controlled Logistics Services Market in India – Immense Growth Opportunity Ahead’ will delve into various aspects of the market and its unique requirements in India. The webinar will be hosted by Srinath Manda, Program Manager, Transportation & Logistics Practice, Frost & Sullivan — South Asia, Middle East, and North Africa, and is to be held on Wednesday, March 12th, 2014, at 3:30 pm IST.
BWI

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