India E-commerce Logistics and Warehousing Market Outlook

1

Š This is a licensed product of Ken Research and should not be copied

TABLE OF CONTENTS 1.

2.

Logistics Market Introduction 1.1.

Global Logistics Market, FY’2009-FY’2019

1.2.

India, The US and China Logistics Industry Comparison

India Logistics Market Introduction 2.1. India Logistics Market Introduction and Size by Industry Revenue, FY’2009FY’2014 India Logistics industry: Beginning of high growth phase 2.2.

India Logistics Market Segmentation

2.2.1.

By Services Mix (VAS, FFW, Warehousing, Transportation), FY’2014

2.3.

Value Chain for India Logistics Industry

2.4.

Growth Drivers for India Logistics Industry Rapid Industrial Growth Increasing Globalization Government Initiatives Paving the Way Streamlining Indirect Tax Structure Increasing Share of 3PL and Outsourcing Logistics Providers Dawn of Organized Retail Favourable Demographics in India

2.5.

Issues and Challenges Existing in India Logistics Industry Insufficient Geographical Coverage Over burdened Ports Low Technology Usage High Cost of Service Mismanagement of Trucking Operations Issue of Procuring and Retaining the Required Manpower

2.6.

SWOT Analysis of India Logistics Industry

2.7.

Porter’s 5 Forces Model for India Logistics Industry 2

© This is a licensed product of Ken Research and should not be copied

Measures to Overcome Porter’s Five ForcesBarriers to Entry in Indian Logistics Industry 2.8.

Impact of Budget on Logistics Policy Impact Tax Impact

2.9.

Major Deals and Alliances in the Indian Logistics Industry

2.10.

Trends and Development for India Logistics Industry Entry of Global Players Dawn of Multi-Modal Logistics Players Rise in 3PL Players Express Logistics Leading the Way Increasing Demand for Warehouses Era of Logistics Parks Introduction of Air Freight Stations Elongated Distribution Mechanism

2.11.

Opportunities in India Logistics Industry India Logistics and Warehousing Industry Dynamics

2.12.

Competitive Landscape of Major Companies in Logistics Sector in India

2.12.1.

Aegis Logistics

2.12.1.1. Business Overview 2.12.1.2. Business Strategy 2.12.1.3. Financial Performance 2.12.2.

Allcargo Logistics

2.12.2.1. Business Overview 2.12.2.2. Financial Performance 2.12.3.

Sical Logistics

2.12.3.1. Business Overview 2.12.3.2. Business Strategy 3

Š This is a licensed product of Ken Research and should not be copied

2.12.3.3. Financial Performance 2.12.4.

Shreyas Shipping and Logistics

2.12.4.1. Business Overview 2.12.4.2. Financial Performance India Logistics Market Future Outlook and Projections, FY’2015-FY’2019

2.13.

Cause and Effect Relationship Between in India Logistics Industry 3.

India Express Logistics Market Introduction 3.1.

India Express Logistics Market Size by Revenues, FY’2009-FY’2014

3.2.

India Express Logistics Market Segmentation

3.2.1.

By Market Composition (Organized & Unorganized), FY’2013

3.2.1.1.

By Air and Ground Express Market, 2012-2015

3.2.2.

By Market Structure (B2B, B2C & C2C), FY’ 2013

3.2.3.

By Size of Firms (Small, Medium & Large), FY’2013

3.3.

Value Chain of Indian Express Logistics Industry

3.4.

Economics of an Express Logistics player in India

3.5.

Porter’ 5 Forces Model for India Express Logistics Industry

3.6.

Growth Drivers for India Express Logistics Industry Rising E-commerce market Stabilizing Indian Economy Development of Tier 2 and Tier 3 cities Increasing IT Integration in the Industry Shifting Focus towards Timely Delivery Growing Globalization

3.7.

Issues and Challenges for India Express Logistics Industry High Operating Costs Issues Relating to Government Clearances Infrastructure Hassles Reliance on Manpower 4

© This is a licensed product of Ken Research and should not be copied

Paucity of Suitable Transportation 3.8.

Major Deals and Alliances in the India Express Logistics Industry

3.9. Market Share of Major Companies in the India Organized Express Logistics Industry, FY’2014 3.9.1. Market Share of Major Companies in India Organized Ground Express Logistics Market 3.9.2. Market Share of Major Companies in India Organized Air Express Logistics Market 3.10.

India

Competitive Landscape for Major Companies in Express Logistics Industry in

3.10.1.

Blue Dart Express Ltd.

3.10.1.1. Business Overview Core Service Offerings of Blue Dart Express Ltd 3.10.1.2. Business Strategy 3.10.1.3. Financial Performance 3.10.2.

GATI Ltd.

3.10.2.1. Business Overview 3.10.2.2. Business Strategy 3.10.2.3. Financial Performance 3.10.3.

First Flight Couriers Ltd

3.10.3.1. Business Overview 3.10.3.2. Financial Performance 3.11.

4.

Future Outlook for India Express Logistics, FY’2015-FY’2019

India 3PL Market 4.1.

India 3PL Introduction and Market Size, FY’2009-FY’2014 3PL Concentration in India

4.2.

Growth Drivers for India 3PL Industry Strong GDP Growth Increased Foreign Trade Rise in Outsourcing Propensity of Indian Companies 5

© This is a licensed product of Ken Research and should not be copied

Inclining IT Integration in 3PL Operations Growing Need to Focus on Core Competency Availability of Customized Value Added Solutions Omni Retailing to lead the Way Massive Reduction in Cost 4.3.

Issues and Challenges for India 3PL Industry Large Share of Unorganized Players in Logistics Paucity of Supporting Infrastructure Lack of Trust on 3PL Players Availability of Manpower

4.4.

Major Deals and Alliances in the India 3PL Industry

4.5.

Competitive Landscape of Major Companies in 3PL Sector in India

4.5.1.

4.5.1.1.

Business Overview

4.5.1.2.

Financial Performance

4.5.2.

DIESL, A TATA Enterprise

4.5.2.1.

Business Overview

4.5.2.2.

Financial Performance

4.5.3.

4.6.

TVS Logistics Services Ltd.

ABC India Ltd.

4.5.3.1.

Business Overview

4.5.3.2.

Financial Performance

Future Outlook for India 3PL Market, FY’2015-FY’2019

5.

Snapshot on India 4PL Market

6.

India Freight Forwarding Market Introduction 6.1.

India Freight Forwarding Market Size, FY’2009-FY’2014

6.2.

India Freight Forwarding Market Segmentation

6.2.1.

By Number of Firms (Small, Mid-Sized, Large, Multinational), FY’2013

6.2.2. By Contribution to Revenue (Small, Mid-Sized, Large, Multinational), FY’2013 6

© This is a licensed product of Ken Research and should not be copied

6.2.3.

By Key Markets in Air Routes (North, South, East, West), FY’2013

6.2.4.

By Key Markets in Ocean Routes (North, South, East, West), FY’2013

6.2.5.

By Freight Movement (Road Transport and Railways), 2009-2014

6.3.

Growth Drivers for India Freight Forwarding Industry Strong Macroeconomic Conditions Growing Trade Growth in Retail Development of Transportation System Increase in Outsourcing Activities Dawn of Multinational Players in the Industry

6.4.

Issues and Challenges for India Freight Forwarding Industry Poor Infrastructure Rising Fuel Costs Overburdened Channels of Transport High Tariffs and Costs Involved

6.5.

Major Deals and Alliances in India Freight Forwarding Industry

6.6.

Competitive Landscape for Freight Forwarding

6.6.1.

Container Corporation of India

6.6.1.1.

Business Overview

6.6.1.2.

Business Strategy

6.6.1.3.

Financial Performance, FY’2010-FY’2014

6.6.2.

Shipping Corporation of India

6.6.2.1.

Business Overview

6.6.2.2.

Business Strategy

6.6.2.3.

Financial Performance, FY’2010-FY’2014

6.6.3.

Transport Corporation of India

6.6.3.1.

Business Overview

6.6.3.2.

Business Strategy 7

© This is a licensed product of Ken Research and should not be copied

6.6.3.3.

6.7.

7.

Financial Performance, FY’2010-FY’2014

Future Outlook for India Freight Forwarding, FY’2015-FY’2019

Logistics and e-Commerce 7.1.

India E-commerce Logistics Market Size and Introduction, FY’2009-FY’2014

7.2.

Market Segmentation of India E-commerce Logistics

7.2.1.

By Outsourcing (Outsourced, In-house Logistics), FY’2013

7.2.2.

By Mode of Transport (Road, Air, Others), FY’2013

7.2.3.

By Type of Cities (Tier-1, Tier-2, Tier-3), FY’2013

7.2.4. By Major Cities (Delhi-NCR, Mumbai, Chennai, Kolkata, Bangalore, Others), FY’2013 7.3.

Effect of GST on India E-commerce Logistics

7.4.

Growth Drivers for India E-commerce Logistics Industry Growth of e-commerce in the country Rise of Tier 2 and Tier 3 cities Increasing Internet Penetration across India Shifting away from Conventional Logistics Model Inclining Reverse Logistics Needs

7.5.

Issues and challenges Existing in India E-commerce Logistics Industry Shortage of Cargo Space on Airlines Legal Hassles in Interstate Movement Dwindling Profitability Margins Stringent Delivery Schedules Failed or Botched Deliveries

7.6.

Trends and Developments for India E-commerce Logistics Industry Increased IT Integration Entry of Global Players Inclining Valued Added Services Increase in the Package Size

7.7.

Deals, Alliances and New Players for India E-commerce Logistics Industry 8

© This is a licensed product of Ken Research and should not be copied

7.8.

Market Share of Major Players for India E-commerce Logistics Industry, FY’2014

7.9.

Competitive Landscape of Major Players for India E-commerce Logistics Industry

7.10.

Future Outlook for E-Commerce Logistics in India

7.11.

Snapshot on Online Truck Logistics Market in India

7.11.1.

8.

Competitive Landscape for Major Players in Online Truck Logistics Market

India Warehousing Market Major Warehousing Locations in India 8.1.

India Warehousing Market Size

8.1.1.

By Revenue, FY’2009-FY’2014

8.1.2.

By Warehousing Space, FY’2009-FY’2014

8.2.

India Warehousing Market Segmentation

8.2.1. By Business Model (Admin, Industrial/Retail, Cold Stores, Agricultural, CFS/ICD), FY’2014 8.2.2.

By Market Composition (Organized & Unorganized), FY’2014

8.3.

India, The US and China, Warehousing Industry Comparison

8.4.

Value Chain for India Warehousing Industry Classification of Major Warehousing Hubs in India

8.5.

Growth Drivers for India Warehousing Industry Benefiting From Outsourcing Increase in Retail Industry Adoption of IT in Warehouses Rise in Consumption Patterns in India Shift in Focus towards Modern Storage Facilities Changing Landscape of Warehousing Industry Inclining Government Support

8.6.

Issues and Challenges for India Warehousing Industry Lack of Supporting Infrastructure Absence of Standardization within the Industry High Degree of Fragmentation 9

© This is a licensed product of Ken Research and should not be copied

Increased Costs Lack of Trained Manpower Low Technology Penetration 8.7.

SWOT Analysis for India Warehousing Industry Strengths Weaknesses Opportunities Threats

8.8.

Government Regulations for India Warehousing Industry

8.8.1.

Warehousing Development Regulation Act, 2007

Main features of the WDRA Act, 2007 8.8.2.

FTWZ – Overview and Benefits

Facilities available within an FTWZ Benefits of FTWZ 8.9.

India Warehousing Market Future Outlook and Projections, FY’2015-FY’2019 Cause and Effect Relationship Between in India Warehousing Industry

9.

India Industrial Warehousing Market 9.1. Market Size and Introduction of India Industrial Warehousing Market, FY’2009FY’2014 9.1.1.

By Revenue, FY’2009-FY’2014

9.1.2.

By Warehousing Space, FY’2009-FY’2014

9.2.

Trends and Developments for India Industrial Warehousing Influx of 3PL Players Increased Automation in the Industry Inclination towards Value Added Services Rise of Warehouse Management System Boost in Demand Owing to FTWZ and Logistic Parks

9.3.

Major Deals and Alliances in India Industrial Warehousing Industry 10

© This is a licensed product of Ken Research and should not be copied

9.4. Competitive Landscape of Major Companies in Industrial Warehousing Industry in India 9.4.1.

Safexpress

9.4.1.1.

Business Overview

9.4.1.2.

Business Strategy

9.4.1.3.

Financial Performance, FY’2013-FY’2014

9.4.2.

Indo Arya Logistics

9.4.2.1.

Business Overview

9.4.2.2.

Financial Performance, FY’2010-FY’2014

9.4.3.

Arshiya Ltd. Limited

9.4.3.1.

Business Overview

9.4.3.2.

Financial Performance, FY’2010-FY”2014

9.5. India Industrial Warehousing Industry Future Outlook and Projections, FY’2015FY’2019 10.

Agricultural Warehousing Market

10.1.

India Agricultural Warehousing Market Size and Introduction, FY’2009-FY’2014

10.2.

Growth Drivers In India Agricultural Warehousing Industry Cooperation of Mandis and Warehouses Supporting Laws and Regulations Tax Incentives Subsidy Schemes Launched by the Government Extension of Services Offered

10.3.

Trends and Developments in the India Agricultural Warehousing Industry Private Mandis Encouraged by the Government to Increase Coverage Mandis Complementing the Warehousing Business

10.4.

Issues and Challenges in India Agricultural Warehousing Industry Inadequate Storage Capacity Bureaucracy in Government Warehouses Lack of Technology Integration 11

© This is a licensed product of Ken Research and should not be copied

10.5.

Major Deals and Alliances in India Agricultural Warehousing

10.6.

Competitive Landscape of Major Companies in Agricultural Warehousing Industry in India 10.6.1.

Central Warehousing Corporation

10.6.1.1. Business Overview 10.6.1.2. Business Strategy 10.6.1.3. Financial Performance, FY’2010-FY’2014 10.6.2.

National Bulk Handling Corporation

10.6.2.1. Business Overview 10.6.2.2. Business Strategy 10.6.2.3. Financial Performance, FY’2013-FY’2014 10.6.3.

Food Corporation of India

10.6.3.1. Business Overview 10.6.3.2. Business Strategy 10.6.3.3. Financial Performance, FY’2010-FY’2013 10.6.4.

Star Agri warehousing and Collateral Management Limited

10.6.4.1. Business Overview 10.7.

India Agricultural Warehousing Industry Future Outlook & projections, FY’2015FY’2019 11.

India Cold Chain Industry

11.1.

Market Size and Introduction for India Cold Chain Industry, FY’2009-FY’2014 Value Chain of Cold Chain Industry in India

11.2.

India Cold Chain Market Segmentation

11.2.1.

By Organized and Unorganized Segment, FY’2014

11.2.2.

By Regional Storage Capacity

11.2.3.

By Business Model, FY’2014

11.3.

Growth Drivers for India Cold Chain Industry Growth in Organized Retail Support from Government 12

© This is a licensed product of Ken Research and should not be copied

Inclining Demand from Pharmaceutical Sector Rise of Processed Food Shift towards Horticultural Crops Increase in the number of QSR 11.4.

Issues and Challenges in India Cold Chain Industry High Operating Costs Paucity of Real Estate Lack of Supporting Infrastructure Uneven Distribution across the Country

11.5.

Trends and Developments in India Cold Chain Industry Shifting Focus to Other Commodities Rising Demand by Non Food Sectors Modernization of Cold Stores In-House Cold Storage Facilities

11.6.

Major Deals and Alliances in India Cold Chain Industry

11.7.

Competitive Landscape of Major Companies in Cold Chain Industry in India

11.7.1.

Snowman Logistics Pvt Ltd

11.7.1.1. Business Overview Services Provided by Snowman Logistics 11.7.1.2. Business Strategy 11.7.1.3. Financial Performance, FY’2010-FY’2014 11.7.2.

Fresh and Healthy Enterprises Ltd

11.7.2.1. Business Overview 11.7.2.2. Financial Performance, FY’2010-FY’2014 11.7.3.

Gati Kausar

11.7.3.1. Business Overview 11.7.3.2. Business Strategy 11.7.3.3. Financial Performance, FY’2010-FY’2014 13

© This is a licensed product of Ken Research and should not be copied

11.8.

12.

India Cold Chain Industry Future Outlook & Projections, FY’2015-FY’2019

India Container Handling & Storage Industry

12.1.

Market Size and Introduction for India CFS/ICD Industry, FY’2009-FY’2014

12.2.

Segmentation by Major Ports

12.3.

Growth Drivers for India CFS/ICD Industry Increasing Foreign Trade Rise in Government Support Development of Supporting Infrastructure Rising Number of Clearing and Forwarding Agents Integration with 3PL

12.4.

Issues and Challenges for India CFS/ICD Industry Inadequate Infrastructure Preference of Roads over Water Transportation High Freight Tariffs

12.5.

Major Deals and Alliances in India CFS/ICD Industry

12.6.

Competitive Landscape of Major Companies in CFS/ICD Sector in India

12.6.1.

Gateway Distriparks Ltd

12.6.1.1. Business Overview 12.6.1.2. Business Strategy 12.6.1.3. Financial Performance, FY’2010-FY’2014 12.6.2.

LCL Logistix

12.6.2.1. Business Overview 12.7.

13.

India CFS/ICD Market Future Outlook and Projections, FY’2015-FY’2019

Macro Economic Factors Affecting Logistics Market in India

13.1.

India GDP Growth, FY’2009-FY’2019

13.2.

FDI in Logistics, FY’2011-FY’2014

13.3.

India Total Exports and Imports, FY’2009-FY’2019

13.4.

India Index of Industrial Production, FY’2009-FY’2019 14

© This is a licensed product of Ken Research and should not be copied

13.5.

India Index of Agricultural Production, FY’2009-FY’2019

13.6.

India Rail Freight Traffic, FY’2009-FY’2019

13.7.

India Road Freight Traffic, FY’2009-FY’2019

13.8.

India Air Cargo Traffic, FY’2009-FY’2019

14.

Analyst Recommendation International Players in the Indian Logistics and Warehousing Market Domestic Players in the Indian Logistics and Warehousing Market Government’s Role in the Indian Logistics and Warehousing Market

15.

Appendix

15.1.

Market Definitions

15.2.

Abbreviations

15.3.

Research Methodology Data Collection Methods Approach Variables (Dependent and Independent) Final Conclusion

15.4.

Disclaimer

15

© This is a licensed product of Ken Research and should not be copied

LIST OF FIGURES Figure 1: Global Logistics Market Size on the Basis of Transaction Volume in USD Billion, FY'2009-FY'2019 Figure 2: India’s Logistics Market is in the Early Stages of Consolidation Figure 3: India Logistics Market Size on the Basis of Revenue in USD Billion, FY'2009FY'2014 Figure 4: India Logistics Market Segmentation Figure 5: India Logistics Market Segmentation by Services Mix (VAS, FFW, Warehousing, Transportation) on the Basis of Contribution to Revenue in Percentage (%), FY'2013 Figure 6: Value Chain for India Logistics Industry Figure 7: India Retail Market Size of on the Basis of Sales in USD Billion, 2009-2019 Figure 8: Effect of Porter’s Five Forces on India Logistics Industry Figure 9: Contribution of 3PL Market in India to Overall Logistics Industry in India on the Basis of Revenue in Percentage (%), FY'2009-FY'2014 Figure 10: Contribution of Express Logistics in India to Overall Logistics Industry in India on the Basis of Revenue in Percentage (%), FY'2009-FY'2014 Figure 11: Revenue of Aegis Logistics in USD Million, FY'2010-FY'2014 Figure 12: Segmentation of Operating Profit of Aegis Logistics by Business Model (Liquid and Gas) in Percentage, FY’2010-FY'2014 Figure 13: Revenue of Allcargo Logistics in USD Million, FY'2010-FY'2014 Figure 14: Segmentation of Allcargo Logistics' Revenue on the Basis of Business Models (MTO, CFS, Projects & Engineering) in Percentage, FY’2014 Figure 15: Revenue of Sical Logistics in USD Million, FY'2010-FY'2014 Figure 16: Revenue of Shreyas Shipping and Logistics in USD Million, FY'2010-FY'2014 Figure 17: Revenue Segmentation of Shreyas Shipping and Logistics in Percentage, FY'2014 Figure 18: India Logistics Market Future Projections on the Basis of Revenue in USD Billion, FY'2015-FY'2019 Figure 19: Competitive Forces Operating in the Express Industry Figure 20: India Express Logistics Market Size on the Basis of Transaction Volume in USD Billion, FY'2009-FY'2014

16

© This is a licensed product of Ken Research and should not be copied

Figure 21: India Express Logistics Market Segmentation by Market Composition on the Basis of Contribution to Revenue in % (Percentage), FY'2012-FY’2015 Figure 22: India Express Logistics Industry Modal bifurcation of Organized Market in Percentage (%), FY’2012-FY’2015 Figure 23: India Express Logistics Market Segmentation by Market Structure on the Basis of Contribution to Revenue in % (Percentage), FY'2013 Figure 24: India Express Logistics Market Segmentation by Size of Firms on the Basis of Contribution to Revenue in % (Percentage), FY'2013 Figure 25: Value Chain of India Express Logistics Industry Figure 26: India Express Logistics Industry Cost Elements Figure 27: Effect of Porter’s Five Forces on India Express Logistics Industry Figure 28: India E-commerce Market Size on the Basis of Gross Merchandise Value in USD Billion, 2009-2019 Figure 29: Revenue Break-up of India Ecommerce Industry, 2013 Figure 30: Market Share of Major Companies in the Organized India Express Logistics Industry on the Basis of Revenue, FY'2014 Figure 31: India Express Logistics Players Domestic Locations and Workforce, FY’2014 Figure 32: India Organized Ground Express Logistics Market Share of Major Companies in Percentage (%), FY'2014 Figure 33: India Organized Air Express Logistics Market Share of Major Companies in Percentage (%), FY'2014 Figure 34: Volume carried by Blue Dart Express Ltd in Thousands of Tonnes and Total Shipments in Million, 2009-2014 Figure 35: Revenue of Blue Dart Express Ltd in USD Million, FY'2010-FY'2014 Figure 36: Revenue Segmentation of Blue Dart Express Ltd. by Mode of Transport in Percentage (%), FY'2014 Figure 37: Revenue Segmentation of Blue Dart Express Ltd. by Buyer Profile in Percentage (%), FY'2014 Figure 38: Portion of Internet Access by Smaller Cities on the Basis of Population in Percentage (%). FY’2012 Figure 39: Revenue Segmentation of Blue Dart Express Ltd. by Buyer Profile in Percentage (%), FY'2014 17

© This is a licensed product of Ken Research and should not be copied

Figure 40: Blue Dart Significant Contribution to Revenues from Smaller Cities by Major Ecommerce Portals, 2012 Figure 41: “Multi modal” & “Multi-service” offerings of Gati Figure 42: Corporate Structure of Gati ltd.

Figure 43: Revenue of Gati Ltd in USD Million, FY'2010-FY'2014 Figure 44: Revenue Segmentation of Gati Ltd. by Mode of Transport (Road, Rail, Air, Others) in Percentage, FY'2014 Figure 45: Revenue Segmentation of Gati Ltd. by Industry in Percentage, FY'2014 Figure 46: Revenue Segmentation of Gati Ltd. by Region in Percentage, FY'2014 Figure 47: Revenue of First Flight Couriers Ltd in USD Million, FY'2010-FY'2014 Figure 48: Future Projections for India Express Logistics Industry Market Size on the Basis of Revenue in USD Billion, FY'2015-FY'2019 Figure 49: India Express Logistics Industry Modal bifurcation of Organized Market in Percentage (%), FY’2019 Figure 50: India 3PL Market Size on the Basis of Revenue in USD Billion, FY'2009-FY'2014 Figure 51: Revenue of TVS Logistics Services Ltd in USD Million, FY'2010-FY'2014 Figure 52: Revenue of DIESL in USD Million, FY'2010-FY'2014 Figure 53: Revenue of ABC India Ltd. in USD Million, FY'2010-FY'2014 Figure 54: India 3PL Industry Market Future Projections on the Basis of Revenue in USD Billion, FY'2015-FY'2019 Figure 55: Layers of Logistics in India by Different PL’s Figure 56: India Freight Forwarding Industry Size on the Basis of Transactions Value in USD Billion, FY'2009-FY'2014 Figure 57: Market Segmentation of India Freight Forwarding Industry by Number of Firms on the Basis of Total Firms in Percentage (%), FY'2013 Figure 58: Market Segmentation of India Freight Forwarding Industry by Number of Firms on the Basis of Contribution to Revenue in Percentage (%), FY'2013 Figure 59: Market Segmentation of India Freight Forwarding Industry by Key Markets in Air Routes on the Basis of Contribution to Total Freight in Percentage (%), FY'2013 Figure 60: Market Segmentation of India Freight Forwarding Industry by Key Markets in Ocean Routes on the Basis of Contribution to Total Freight in Percentage (%), FY'2013 18

© This is a licensed product of Ken Research and should not be copied

Figure 61: India Freight Movement by Road Transport and Railways in Billion tonnes kilometer, 2009-2014 Figure 62: Revenue of Container Corporation of India in USD Million, FY'2010-FY'2014 Figure 63: Volume Carried by SCI in Million GRT, FY'2010-FY'2014 Figure 64: Revenue of Shipping Corporation of India in USD Million, FY'2010-FY'2014 Figure 65: Revenue of Transport Corporation of India in USD Million, FY'2010-FY'2014 Figure 66: India Freight Forwarding Market Future Projections on the Basis of Transaction Value in USD Billion, FY'2015'FY'2019 Figure 67: India E-commerce Logistics Market Size on the Basis of Revenue in USD Million, FY'2009-FY'2014 Figure 68: Market Segmentation of India E-commerce Logistics by Outsourcing on the Basis of Revenue in Percentage (%), FY'2013 Figure 69: Market Segmentation of India E-commerce Logistics by Mode of Transport on the Basis of Revenue in Percentage (%), FY'2013 Figure 70: Market Segmentation of India E-commerce Logistics by Type of Cities on the Basis of Revenue in Percentage (%), FY'2013 Figure 71: India E-commerce Logistics Market Segmentation by Major Cities on the Basis of Revenue in Percentage (%), FY'2013 Figure 72: Tax Situation Pre-implementation of GST Figure 73: Tax Situation Post-implementation of GST Figure 74: Number of Internet Users in India in Millions, CY'2008-CY'2018 Figure 75: Conventional Retail Logistics Model Figure 76: E-commerce Logistics Model Figure 77: India Air Cargo Industry Market Size (Domestic and International) on the Basis of Cargo Carried in Tons, FY’2009-FY’2014 Figure 78: Market Share of Major Players in the E-Commerce Logistics Market on the Basis of Contribution to Revenue in Percentage (%), FY'2014 Figure 79: India E-commerce Logistics Market Future Projections on the Basis of Revenue in USD Million, FY'2015-FY'2019 Figure 80: Parameters for Evaluating Warehouse Locations in India Figure 81: Market Size of India Warehousing Industry on the Basis of Revenue in USD Billion, FY'2009-FY'2014 19

© This is a licensed product of Ken Research and should not be copied

Figure 82: India Warehousing Market Size on the Basis of Warehousing Space in Million Square Feet, FY'2009-FY'2014 Figure 83: Segmentation of India Warehouse Industry Figure 84: Market Segmentation of India Warehousing Industry by Business Model on the Basis of Contribution to Revenue in Percentage (%), FY'2014 Figure 85: Market Segmentation of India Warehousing Industry by Market Composition on the Basis of Contribution to Revenue in Percentage (%), FY'2014 Figure 86: Value Chain of India Warehousing Industry Figure 87: Household Final Consumption Expenditure in India as % of GDP, 2009-2013 Figure 88: India Warehousing Industry Future Projections on the Basis of Revenue in USD Billion for FY'2015-FY'2019 Figure 89: Market Size of India Industrial Warehousing Industry on the Basis of Revenue in USD Billion, FY'2009-FY'2014 Figure 90: Market Size of India Warehousing Industry on the Basis of Warehousing Space in Million Square Feet, FY'2009-FY'2014 Figure 91: Safexpress' Revenue in USD Million, FY'2013-FY'2014 Figure 92: Revenue of Indo Arya Logistics in USD Billion, FY'2010-FY'2014 Figure 93: Revenue of Arshiya Ltd. Limited in USD Million, FY'2010-FY'2014 Figure 94: Revenue Segmentation of Arshiya Ltd by Business Model (Forwarding and FTWZ) in Percentage, FY'2014 Figure 95: India Industrial Warehousing Market Future Projections on the Basis of Revenue in USD Billion, FY'2015-FY'2019 Figure 96: Market Size of India Agricultural Warehousing on the Basis of Revenue in USD Billion, FY'2009-FY'2014 Figure 97: India Agricultural Warehousing Market Size on the Basis of Total Warehousing Capacity in Million Tonnes, FY'2009-FY'2014 Figure 98: Warehousing Capacity Utilization of CWC in Percentage, FY'2010-FY'2014 Figure 99: Containers Handled by CWC in Thousands, FY'2010-FY'2014 Figure 100: Revenue of Central Warehousing Corporation in USD Million, FY'2010-FY'2014 Figure 101: Revenue of National Bulk Handling Corporation in USD Million, FY'2013FY'2014

20

Š This is a licensed product of Ken Research and should not be copied

Figure 102: Total Warehousing Capacity of Food Corporation of India in Million Tonnes, FY'2009-FY'2013 Figure 103: Revenue of Food Corporation of India in USD Million, FY'2010-FY'2013 Figure 104: Customer Base of Star Agri warehousing and Collateral Management Limited Figure 105: Warehousing Services of Star Agri warehousing and Collateral Management Limited Figure 106: India Agricultural Warehousing Market Future Projections on the Basis of Revenue in USD Billion, FY'2015-FY'2019 Figure 107: India Agricultural Warehousing Market Size Future Projections on the Basis of Total Warehousing Space in Million Tonnes, FY'2015-FY'2019 Figure 108: India Cold Chain Industry Value Chain Figure 109: India Cold Chain Industry Size on the Basis of Revenue in USD Billion, FY'2009-FY'2014 Figure 110: India Cold Chain Market Segmentation by Organized and Unorganized Segment on the Basis of Contribution to Revenue in Percentage (%), FY'2014 Figure 111: India Cold Chain Industry Segmentation by Regional Storage Capacity in Percentage (%), FY'2014 Figure 112: India Cold Chain Market Segmentation by Cold Storage and Cold Storage Transportation on the Basis of Revenue in Percentage (%), FY'2014 Figure 113: Growth Drivers for India Cold Chain Industry Figure 114: Indian Pharmaceutical Market Size on the Basis of Revenue in USD Billion, FY'2009-FY'2019 Figure 115: India Horticultural Production in Million Tonnes, FY'2009-FY'2014 Figure 116: India QSR Market Size on the Basis of Revenue in USD Billion, FY'2009FY'2014 Figure 117: Major Deals and Alliances in India Cold Chain Industry, 2009-2014 Figure 118: Services provided by Snowman Logistics Figure 119: Revenue of Snowman Logistics Pvt. Ltd in USD Million, FY’2010-FY’2014 Figure 120: Revenue Segmentation of Snowman Logistics Ltd. by Modal Mix, FY’2014 Figure 121: Figure 57: Revenue of Fresh and Healthy Enterprises Ltd in USD Million, FY'2010-FY'2014 Figure 122: Revenue of Gati Kausar in USD Million, FY'2010-FY'2014 21

© This is a licensed product of Ken Research and should not be copied

Figure 123: India Cold Chain Industry Future Projections on the Basis of Revenue in USD Billion, FY'2015-FY'2019 Figure 124: India CFS/ICD Industry Size on the Basis of Revenue in USD Billion, FY'2009FY'2014 Figure 125: India CFS/ICD Industry Size on the Basis of Container Traffic in Thousand TEU, FY'2009-FY'2014 Figure 126: India CFS/ICD Market Segmentation by Major Ports and Capacity Utilization, FY'2014 Figure 127: Gateway Distriparks Ltd Container Throughput in TEU, FY'2010-FY'2014 Figure 128: Gateway Distriparks Ltd. Container Throughput Segmentation of in TEU, FY'2011-FY'2014 Figure 129: Gateway Distriparks Ltd. Cold Chain Growth on the Basis of Number of Pallets, FY'2012-FY'2014 Figure 130: Revenue of Gateway Distriparks Ltd. in USD Million, FY'2010-FY'2014 Figure 131: Gateway Distriparks Ltd. Revenue Segmentation on the Basis of Business Segments in USD Million, FY'2012-FY'2014 Figure 132: India CFS/ICD Industry Future Projections on the Basis of Revenue in USD Billion, FY'2015-FY'2019 Figure 133: Future Projections for India CFS/ICD Industry on the Basis of Container Traffic in Thousand TEU, FY'2015-FY'2019 Figure 134: GDP Growth in India in %, FY'2009-FY'2019 Figure 135: India Total Exports in USD Billion, FY'2009-FY'2019 Figure 136: India Total Imports in USD Billion, FY'2009-FY'2019 Figure 137: India Industrial Production Index, FY'2009-FY'2019 Figure 138: India Agricultural Production Index, FY'2009-FY'2019 Figure 139: India Rail Freight Traffic in Million Tonnes, FY'2009-FY'2019 Figure 140: India Road Freight Traffic in Million Tonnes, FY'2009-FY'2019 Figure 141: Air Cargo Throughput in India in Million Tonnes, FY'2009-FY'2019

22

Š This is a licensed product of Ken Research and should not be copied

LIST OF TABLES Table 1: Logistics Industry Key Points Comparison between India, the US and China, CY’2013 Table 2: Comparison of India’s logistics efficiency with global averages Table 3: Emerging Markets Logistics Index for Countries with GDP more than USD 300 billion, FY’2014 Table 4: India Logistics Market Segmentation by Services Mix (VAS, FFW, Warehousing, Transportation) on the Basis of Contribution to Revenue in USD Billion, FY'2014 Table 5: Major Deals and Alliances in Indian Logistics Industry, 2009-2014 Table 6: Performance Indicators for India Logistics Segments for Road Freight, Express Logistics, Container Haulage, CFS, MTO and Bulk Liquid in terms of Capital Expenditure, Entry Barrier, Competition, Customer Needs and Opportunities Table 7: Attractiveness of Sub Segments of India Logistics Industry Table 8: India Logistics Industry Dynamics Table 9: Business Presence of Key Logistics Players in India Logistics Business Segments Table 10: Fleet Strength of Allcargo Logistics in India, FY'2014 Table 11: Bulk Volume Handled by Sical Logistics in Million Tonnes, FY'2010-FY'2014 Table 12: Container Volume Handled by Sical Logistics in TEU, FY'2010-FY'2014 Table 13: Cause and Effect Relationship Analysis between Industry Factors and Expected Industry Prospects of the India Logistics Industry Table 14: India Express Logistics Market Segmentation by Market Composition on the Basis of Contribution to Revenue in USD Billion, FY'2012-FY’2015 Table 15: India Express Logistics Industry Modal bifurcation of Organized Market in USD Billion, FY’2012-FY’2015 Table 16: India Express Logistics Market Segmentation by Market Structure on the Basis of Contribution to Revenue in USD Billion, FY'2013 Table 17: India Express Logistics Market Segmentation by Size of Firms on the Basis of Contribution to Revenue in USD Billion, FY'2013 Table 18: Major Deals and Alliances in India Express Logistics Industry, 2009-2014 Table 19: Major Deals and Alliances in India 3PL Industry, 2009-2014 Table 20: Comparative Analysis of 4PL with 3PL in India 23

© This is a licensed product of Ken Research and should not be copied

Table 21: Advantages and Risks of 4PL Logistics in India Table 22: Market Segmentation of India Freight Forwarding Industry by Number of Firms on the Basis of Total Firms, FY'2013 Table 23: Market Segmentation of India Freight Forwarding Industry by Number of Firms on the Basis of Contribution to Revenue in USD Billion, FY'2013 Table 24: Market Segmentation of India Freight Forwarding Industry by Key Markets in Air Routes on the Basis of Contribution to Total Freight in Million Tonnes, FY'2013 Table 25: Market Segmentation of India Freight Forwarding Industry by Key Markets in Ocean Routes on the Basis of Contribution to Total Freight in Million TEU, FY'2013 Table 26: Major Deals and Alliances in India Freight Forwarding Industry, 2009-2014 Table 27: Volume Handled by Container Corporation of India in Thousand TEU, FY'2010FY'2014 Table 28: Segment Wise Revenue Generated by Transport Corporation of India in USD Million, FY’2010-FY’2014 Table 29: Segment Wise Revenue Generated by Transport Corporation of India in Percentage, FY’2010-FY’2014 Table 30: India E-commerce Logistics Market Segmentation by Outsourcing on the Basis of Revenue in USD Million, FY'2013 Table 31: Market Segmentation of India E-commerce Logistics by Mode of Transport on the Basis of Revenue in USD Million, FY'2013 Table 32: Market Segmentation of India E-commerce Logistics by Type of Cities on the Basis of Revenue in USD Million, FY'2013 Table 33: Market Segmentation of India E-commerce Logistics by Major Cities on the Basis of Revenue in USD Million, FY'2013 Table 34: Market Share of Major Players in the e-Commerce Logistics Market on the Basis of Contribution to Revenue in USD Million, FY'2014 Table 35: Competitive Landscape of Major Players (Blue Dart, Indian Post, Ekart, Delhivery, Ecom Express) in the E-Commerce Logistics Industry in India Table 36: Competitive Landscape of Major Companies in India Online Truck Logistics Market Table 37: Major Warehousing Locations in India Table 38: Major Warehousing Companies in the Organized Sector and their Storage Space, FY’2014 24

© This is a licensed product of Ken Research and should not be copied

Table 39: Market Segmentation of India Warehousing Industry by Business Model on the Basis of Contribution to Revenue in USD Billion, FY'2014 Table 40: Market Segmentation of India Warehousing Industry by Organized and Unorganized Segment on the Basis of Revenue in USD Billion, FY'2014 Table 41: Comparative Landscape of Warehousing Industry of India with China and the US Table 42: Major Warehousing Hubs in India and their Characteristics Table 43: Cause and Effect Relationship Analysis between Industry Factors and Expected Industry Prospects of the India Warehousing Industry Table 44: Major Deals and Alliances in India Industrial Warehousing Industry, 2009-2014 Table 45: Major Deals and Alliances in India Agricultural Warehousing Industry, 2009-2014 Table 46: Market Segmentation of India Cold Chain Industry by Market Composition on the Basis of Contribution to Revenue in USD Billion, FY'2014 Table 47: India Cold Chain Market Segmentation by Business Model on the Basis of Revenue in USD Billion, FY'2014 Table 48: Business Environment of Snowman Logistics Limited Table 49: SWOT Analysis of Snowman Logistics Table 50: SWOT Analysis of FHEL Ltd. Table 51: SWOT Analysis of Gati Kausar Table 52: Major Deals and Alliances in the India CFS/ICD Industry, 2009-2014 Table 53: Current Terminal Facilities of Gateway Distriparks Ltd., FY'2014 Table 54: CFS Volumes Estimated for Gateway Distriparks Ltd. for Major Ports, FY'2011FY'2016 Table 55: FDI in Air Transport, Sea Transport and Ports in India in USD Million, FY’2011FY’2014 Table 56: Correlation Matrix of India Logistics Industry Table 57: Regression Coefficients Output of India Logistics Industry

25

© This is a licensed product of Ken Research and should not be copied

EXECUTIVE SUMMARY The report titled “India Logistics and Warehousing Industry Outlook to 2019 – Driven

by E-commerce Logistics and Make in India initiative” provides detailed overview on logistics and warehousing market in India along with their segments such as Express Logistics, 3PL Market, E-commerce Logistics, Freight Forwarding Market, Industrial and Agricultural Warehousing, Cold Chain and CFS/ICD. The report covers various aspects such as market size, value chain, business model of Logistics and Warehousing industry and segmentation on the basis of modal mix and services mix, organized and unorganized, domestic and international flow corridors. The publication also provides a detailed competitive landscape as well as the market share analysis in each segment along with future opportunities and expected catalysts for the market. The report will help industry consultants, potential entrants, logistics and warehousing companies, 3PL vendors and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

The logistics and warehousing industry’s revenue is anticipated to grow at a CAGR of ~% during 2015-2019. 3PL, e-commerce logistics and cold chain are the 3 biggest segments in the logistics and warehousing industry in India based on future growth rates. The pressing need for time-sensitive delivery has reshaped the logistics industry as many traditional logistics players are now diversifying their services portfolio to make space for e-commerce logistics. Based on the rise of QSR market in India, cold chain market is also witnessing remarkable growth. The increased foreign trade has led to the CFS/ICD segment of warehousing industry to record impressive growth rates in the recent years and is expected to continue the same for the forthcoming years.

The logistics industry in India is one of the predominant industries in the country with around 13% of the GDP being spent on the development of the logistics framework in the country.

As per logistics performance index (LPI), India ranks 53rd across 115 countries recording an efficient logistics system score of 3.08 out of 5. The logistics market in India is largely unorganized as several local or domestic transporters with a fleet size of around 5 trucks or trailers accounted for more than 2/3rd of the total owned and available fleet size for road transport in India. The logistics industry encompasses several components such as transportation, warehousing, and value added services of which transportation forms the major proportion of the industry in India closely followed by value added services and warehousing.

The warehousing market in India is anticipated to grow at a CAGR of ~% from USD ~ billion in FY’2014 to USD ~ billion in FY’2019. This significant growth in warehousing revenue receipts would be due to the major growth in the organized retail industry, commodity markets, and growth in industrial manufacturing and development. Many of the organized players are in the process to set up their base through the FTWZ and logistic parks which have warehousing as their key component. The cold chain industry is rising as a fast26

© This is a licensed product of Ken Research and should not be copied

growing logistics segment in India with major advancements and growth in the food processing sector, organized retail and government initiatives driving the industry forward in the coming years. The cold chain industry in terms of revenue receipts is expected to witness an incline at a CAGR of ~% from USD ~ billion in FY’2015 to USD ~ billion in FY’2019 due to substantial growth in the production of perishable products such as fruits and vegetables, meat, milk and pharmaceutical products (vaccines). Additionally the rise would be complemented and supported by the rising retail in India which would generate huge infrastructural demand resulting in increased levels of revenue for the cold chain industry.

The CFS/ICD market in India is expected to grow in the coming years with a CAGR of ~% over FY’2015-FY’2019. The development of dedicated freight corridors will further improve the supporting infrastructure for the CFS/ICD industry proving to be a major growth driver in the coming years. The future for e-commerce logistics in India is as favorable as it can get as the e-commerce industry continues to grow and is expected to do so in the coming years.

With a CAGR of ~% from FY’2015-FY’2019; the India e-commerce logistics market is poised to grow remarkably in the coming years. The growth rate is expected to remain in double digits throughout with the growth ranging between ~% and ~% in the forthcoming years. Infrastructure development and spending will be the key for the booming e-commerce logistics which would require high investments from the companies so as to meet the ever increasing demands.

Key Topics Covered in the Report:  India Logistics and Warehousing Market Size by Revenue  Market Segmentation by Modal Mix (road, rail, water and air), Services Mix (transportation, warehousing, freight forwarding and value added services)  Trends and Development, Growth Drivers, SWOT and Porter’s 5 Forces Model  Logistics and Warehousing Industry comparison of India with the US and China  Impact of Budget on Logistics  Opportunities in the Logistics and Warehousing Industry in India  Detailed Analysis of various segments of the Logistics and Warehousing Industry including Express Logistics, 3PL Market, E-commerce Logistics, Freight Forwarding Market, Industrial and Agricultural Warehousing, Cold Chain and CFS/ICD.  Competitive Landscape for leading companies in Logistics and Warehousing Industry in India  Future Outlook and Macro Economic Parameters Source: https://www.kenresearch.com/automotive-transportation/logistics-industry/indialogistics-warehousing-market-research-report/648-100.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-901537824

27

© This is a licensed product of Ken Research and should not be copied