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Attention * India - Trucking to experience gold rush
London,UK -Logistics Manager -21 Feb 2007: -- Third-party logistics in India is set for double digit growth, according to a report from Datamonitor. It predicts that the Indian logistics industry is expected to reach a market size of over $125 billion in year 2010... Hauliers with fleets smaller than five trucks account for over two-thirds of the total trucks owned and operated in India and make up 80 per cent of revenues. The freight forwarding segment is also represented by thousands of small customs brokers and clearing forwarding agents, who cater to local cargo requirements...
* The Dark Side of the Moon:
The Downside to India's Economic Rise
Philadelphia,PA,USA -Knowledge@Wharton/The Wharton School of the University of Pennsylvania -Feb 23, 2007: -- (The Rise of India, a new book written by Niranjan Rajadhyaksha) -- India will have to deal with myriad challenges in the years ahead if it is to ensure that it remains on its current growth trajectory and also if it is to help more and more of its citizens become active participants in the global economy. Five issues stand out: poverty trends, income inequality, energy, employment, and infrastructure... One of the troubling misconceptions in India is that only large-scale industry can create jobs. Few seem to care than manufacturing continues to shed jobs the world over, as labor productivity increases by leaps and bounds in factories. The mainstream view is that India has had jobless growth in recent years. That is not quite true, but the ability of the Indian economy to create new jobs has undoubtedly diminished in the past 15 years. One unit of economic growth created 0.384 jobs in the 1980s and 0.312 jobs in the 1990s, according to estimates by Ifzal Ali, chief economist of the Asian Development Bank...
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