“Science can amuse and fascinate us all, but it is engineering that changes the world.”
The famous American author, Isaac Asimov, sums up succinctly the role engineering plays in our lives. A vast field that covers everything from power generation to transport and construction, engineering shapes the world we live in. And currently it is shaping India’s economy for an upward curve.
Being a complex field, the sector is in need of excellent and precise contract logistics solutions to enhance efficiency, reduce delays and shoulder the responsibility for engineering logistics – in enabling greater focus on engineering production. India’s leading engineering companies prefer contract logistics solutions from leading players like Allcargo Group, who can also offer them the added advantage of end-to-end, integrated logistics solutions to optimize their engineering supply chain.
At 27%, engineering constitutes a sizable portion of factories in India’s industrial sector, and accounts for 63% of the overall foreign collaborations. A lucrative opportunity for foreign direct investment, in 2019, Government of India announced investment of INR 100 lakh crore (USD 1.5 trillion) in infrastructure development over the next five years. Various sub sections within the sector such as electric equipment, machine tools, boiler industry, high voltage switchgear among others, are expected to experience exponential increase in growth, by 2025.
Specialised services for the engineering sector
Powering this growth for one of India’s most crucial sectors are Allcargo Group’s offerings, such as pre-production supply: import services – milk run, management (VOR/MDO), in-plant logistics, line packaging and yard management, finished goods warehousing, distribution centre management, and VMI and WMS integrated raw material warehousing.
Designed to perfection and executed with meticulous precision, these services help enhance the value of the engineering goods. Moreover, businesses are saved the effort of looking elsewhere for value added services such as packaging and kitting, MRP labelling etc. With single-window, integrated solutions, they can streamline operations and save on time, cost and effort.
Adding to customers’ advantage is Allcargo Group’s digital-first approach and focus on employing technology that enhances efficiencies, optimizes human capital, and adds to the customers’ ease and convenience.
Contract logistics powered by integrated logistics
In addition to on-site facilities, what can really create competitive advantage for engineering businesses, is expertise across the spectrum of logistics services, such as CFS-ICD operations, international multimodal transport, and air freight, etc. support with customs clearance and freight forwarding, as well as designing complicated processes such as cross-continental milkruns. And it is this demand that drives them to partner with leading logistics services providers like Allcargo Group that have decades of experience and expertise across diverse logistics verticals.
Further, through Gati-KWE’s unparalleled reach deep into the country and domestic air freight expertise, Allcargo Group offers its customers first and last mile deliveries, along with capabilities for air movement with a team experienced in handling time urgent and complex cargo movements.
While the vastness of what can be classified as engineering ensures the sector is spread out across the breadth of the country, there are certain locations where the presence is more concentrated, such as Pune, Gujarat and specifically Ahmedabad, Bengaluru, Chennai, Delhi NCR, Ludhiana and other parts of Punjab, and Indore.
And Allcargo Group’s pan-India presence ensures that wherever they are, they have access to excellent Grade-A warehouses and world-class logistics parks in strategic locations around India.
The engineering sector is crucial to India’s economy, and with India emerging as a large exporter of engineering parts, it is pertinent that large logistics players like the Allcargo Group support the sector to achieve its ambitious targets with specialized services and solutions tailored to drive business growth and success of this key sector.