Freight Market in India 2017 Share, Trend, Segmentation And Forecast To 2022

Indian Freight  -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022

PUNE, MAHARASHTRA, INDIA, November 9, 2017 /EINPresswire.com/ -- Freight Industry

Description

Wiseguyreports.Com Adds “Indian Freight  -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022” To Its Research Database

Current Scenario 
• The current modal mix for cargo transportation is sub-optimal and skewed towards roads, which accounts for about 60-65% of the total freight transported. 
• India has the second largest road network covering about 5.47 million km, of which national highways account for 2% of the network and carry around 40% of the traffic on Indian roads. 
• The Indian Railways’ network comprises a total track length of about 119,578 km, with around 40% rail sections operating at 100% line capacity utilisation. Growth in freight traffic has almost plateaued at 0-1%, with the rail modal share declining to 30%. 
• Indian ports have a freight handling capacity of over 1,700 million tonnes. Of the total freight handled at ports, major ports account for a 57.19% share, while non-major ports account for a 42.8% share. 
• Air freight contributes a mere ~1% in the total cargo movement in India, moving around 35% of the total shipment value. 
• Coastal and inland waterways lack dedicated infrastructure and thus remain largely untapped for movement of freight. 
• The industry structure overall is highly fragmented, with unorganised players accounting for the largest share of business

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Emerging Trends – Growing capacity and rising scale of business 
• A shift from pure transportation business to end-to-end service providers has emerged, thereby facilitating growth of third-party logistics and supply chain management industries in India. 
• The rising scale of freight transportation has further encouraged a trend towards outsourcing non-core activities like logistics, warehousing, and associated activities to integrated players which has increased the share of the organised segment. 
• The freight segment across all sectors has witnessed significant capacity augmentation and adoption of advanced technologies. 
• Demand for logistics has been rising in Tier II and III cities, which has led to several third-party logistics and e-commerce players to expanding logistic operations in these areas. 
• Freight transport through roads and air have been witnessing an upward trend in pricing, while that of ports and rail have been witnessing a downward or constant trend

Opportunities Galore – New programmes to drive growth 
• Six major projects in roads, ports, inland waterways and railways – Bharat Mala, Setu Bharatam, district connectivity, Sagarmala, port-rail connectivity, 106 national waterways development – have been announced by the government, which will directly benefit the freight industry in future. 
• Hyderabad-based Air Excellence Aviation Private Limited plans to establish 100 business development areas with small airports, and 100 air logistics centres with airstrips for cargo handling in the country. 
• The shipping ministry has identified ~200 focus projects to be implemented by 2025 under the Sagarmala programme. 
• Based on master plans finalised for 12 major ports, 142 port capacity expansion projects worth Rs 914.34 billion have been identified for implementation over the next 20 years. 
• Further, 14 coastal economic zones covering all the maritime states and union territories have been proposed. 
• The Ministry of Railways has also identified additional dedicated freight corridors – North-South Corridor (Delhi-Chennai); East-West Corridor (Kolkata-Mumbai); and East Coast Corridor (Kharagpur-Vijayawada) – for implementation in the coming decade.

Outlook and The Way Forward 
• The overall outlook of the freight industry in India is very bright. The industry is expected to grow at a CAGR of 15-20% between 2015-16 and 2019-20. 
• However, to handle the growing traffic, significant investments need to be made for expanding, modernising and upgrading infrastructure, deploying advanced equipment and technology, and setting up of new storage and transit facilities. 
• Regarding GST, grey areas around increased compliance costs and credit blockages of the small players still exist. 
• Air freight in India needs to be revived through a comprehensive air cargo programme/plan. 
• Dedicated efforts will be required by government authorities/agencies to reduce turnaround time at ports and terminals. 
• Further, a coordinated approach towards capacity addition will be needed with regards to ports, as some regions have significant overcapacity, while others have low capacity.

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Table of Content 

1. Executive Summary

2. Overview 
• Macroeconomic and Trade Scenario 
• Size and Growth 
• Modal Split 
• Competitive Landscape 
• Industry Structure 
• Policy and Regulatory Framework 
• Recent Trends and Developments 
• Upcoming Projects and Investments 
• Key Issues and Challenges 
• Outlook and Projections (till 2022-23)

3. Future Outlook and Investment Opportunities 
• Growth Drivers 
• Policy and Regulatory Outlook 
• Union Budget 2017-18 – Announcements and Impact 
• Investment Requirements 
• Upcoming Projects (rail freight terminals, cargo/container berths at ports, cargo terminals at airports, express cargo terminals, connectivity, etc.) 
• Market Opportunities for Developers, Construction Contractors, Technology Providers, Equipment Suppliers, Raw Material Suppliers, Financiers/Investors 
• Key Challenges in Implementation

4. Key Projections 
• Freight Traffic Projections 
• Cargo Capacity Projections 
• Projected Freight Rates

5. Impact of GST 
• Introduction to GST 
• Key Features 
• Impact on Road Transportation and Trucking Industry, Developers and Operators, Contractors, Container Train Operators, Shipping Companies, Airlines, Express Cargo Carries, etc. 
• Key Challenges in Implementation

6. Road Transport 
• Size and Growth 
• Policy and Regulatory Framework 
• Government Schemes/ Initiatives 
• Key Trends and Development 
• Technological Developments 
• Industry Structure and Key Players 
• Pricing Trends 
• Growth Drivers 
• Investment Requirement 
• Issues and Challenges 
• Outlook and Projections

7. Rail Transport 
..
8. Ports 
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9. Air
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10. Inland Water Transport
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11. Coastal Shipping
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12. Key Customer Segments
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13. E-commerce
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14. Express Industry
...
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