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Home Business

LogiMAT India aims to propel, gateway of South India, Chennai’s fast-growing logistics sector to new heights

by NavJeevan
2 years ago
in Business, chennai, National
Reading Time: 2 mins read
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LogiMAT India aims to propel, gateway of South India, Chennai’s fast-growing logistics sector to new heights
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NE BUSINESS BUREAU
CHENNAI, JAN 14

Tamil Nadu proudly hosts a robust logistics sector, contributing a substantial 5.4% to the state’s GDP, with Chennai alone accounting for around 10% of its Gross Domestic Product (GDP). This vital industry employs over 5 lakh individuals directly, spanning segments like warehousing, transportation, freight forwarding, and technology. In its endeavour to foster growth and create new business avenues for Chennai’s promising Logistics sector, LogiMAT India Roadshow, a significant precursor to India’s biggest and most extensive logistics exhibition, has made an impact on January 11th, 2024, at Novotel OMR, Chennai. This anticipatory event provides insight into the dynamism of India’s logistics sector, seamlessly aligning with the ethos of LogiMAT, a distinguished name in intralogistics exhibitions and trade fairs from Europe.

  • Logistics sector in Chennai attracts significant investment, with recent estimates suggesting around Rs 5,000 crore in planned investments for warehouses, cold chain facilities, and other infrastructure sectors
  • Scheduled to be organised from February 28th to March 1st, 2024, at IEML, Delhi NCR, LogiMAT India is set to become the largest logistics exhibition in the country
  • Tamil Nadu proudly hosts a robust logistics sector, contributing a substantial 5.4% to the state’s GDP, with Chennai alone accounting for around 10% of its Gross Domestic Product

Despite the logistics industry’s significant contribution, challenges such as cost optimisation and the need for technological innovation persist in the region. LogiMAT India aims to act as a transformative catalyst offering a unique opportunity for Chennai’s logistics industry to address deficiencies, enhance operational efficiency, and embrace cutting-edge technologies. One of the world’s biggest logistics exhibition, LogiMAT India is set to take Chennai’s logistics sector to new heights, foster substantial growth, increase business opportunities, and nurture a thriving economic landscape for the region and its enterprises.

Read Also:

LogiMAT India Roadshow in Ahmedabad, gateway of Gujarat, fast-growing logistics sector to new heights

Scheduled from February 28th to March 1st, 2024, at IEML, Delhi NCR, LogiMAT India is set to become the largest logistics exhibition in the country. It promises to transform into a hub of industry experts, technology pioneers, and innovative solutions.

Key exhibitors and participants at the Chennai Roadshow include top industry names like Cognex India, leaders in vision systems, software, and sensors; Jungheinrich, a global leader in intralogistics, showcasing cutting-edge solutions for efficient material handling; and Nilkamal Ltd, a stalwart in material handling and storage solutions, presenting its comprehensive range of products designed for optimum efficiency.

LogiMAT India is also supported by esteemed partners, including Invest India, StartUp India, Air Cargo Association of India, Association of Multi-Modal Transport Operators of India, Freight Forwarders Association of India, and Knowledge Partners Gati Shakti Vishwavidyalaya (Govt of India), JLL, and Euro Asia Consulting International.

LogiMAT Stuttgart, renowned as Europe’s largest intralogistics exhibition, has paved the way for LogiMAT India to serve as a stage for pivotal discussions, innovations, and opportunities that will shape the future of the logistics and supply chain management sectors in India.

Tags: AimChennaifast-growinggatewayLogiMAT Indialogistics sectornew heightspropelSouth India
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