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Dec 6, 2006

TRUCKS' PURCHASE PROSPECTS

* India - Creating efficiencies is the challenge - Can a model perfected elsewhere in the world be adapted to India?
Bombay,India -Financial Express, by RANJAN BISWAS -Dec 06, 2006: -- India’s retail industry is expected to grow from its current size of $300 billion to around $450 billion in the next four to five years. Organised retail is slated to grow from $7 billion to around $25 billion by 2010 while, investments in the sector are likely to increase from $3 billion now to over $25 billion in the same period... Several leading Indian retailers are talking about owning their own fleet of supply trucks and cargo aircraft to transport goods and fresh produce. By owning the entire supply chain, companies can bring about desired efficiencies in transport costs, inventory and cycle time; be highly profitable and still keep low prices; increase sourcing and even export from India. The big question, therefore, is: are big retailers going to change the face of supply chain and logistics in India?... Are large investments sufficient to ensure that a supply chain perfected elsewhere in the world can be adapted to India?...

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