Logistic Companies Looking For Expansion

By CIOReviewIndia Team | Monday, 20 January 2020, 14:02 IST

Logistic Companies Looking For Expansion Companies in logistic sectors are hiring more people in the current year, the major factor driving the hiring process in new cities are latest rounds for funding and road map for expansion.

Shorting and Packing centre will experience hike of 20-25% in middle and last-mile delivery, as stated the recruitment companies Quess and PeopleStrong. Fleet and warehouse managers, loading supervisors and seafarers are considered to be secondary demanded perofiles.

TeamLease report stated that, overall employment in logistic is expected to reach an estimate of 14 million in the year 2022 from 11 million in the year 2018. Warehouse is exclusively expected to create 1,20,000 of new jobs. In the current year infrastructural development, boost in governmental policies, and the advancement of technologies are considered to be the major drivers of job growth in the logistic sector. Salaries paid to the employees will be from 15,000 to 18,000 per month and it will go up to 25,000 to 30,000 in peak seasons.

“This sector has been largely unorganized thus far, but 2020 is expected to bring in more consolidation as well as expansion in tier II and III cities, in turn leading to increased hiring,” said Quess- India region chief operating officer Guruprasad Srinivasan. The recruitment company currently has about 10,000 people deployed in logistic start-ups and expects a 15% increase in mandate this year with a majority of the job roles in sorting and packing centres and middle and last-mile deliveries, he said.

 “We will be hiring in junior middle positions, as well as 2-3 key leadership hires. We will also be exploring technology hiring outside India,” Robinsons Chief Executive, Aditya Vazirani said.

PeopleStrong estimates that e-commerce companies are the major driving source for logistic outsourcing. The domains which will be hiring more this year are technology, analytics, and artificial intelligence as compared to frontline operation hiring over the last year.

Flipkart which is owned by Walmart, invested USD 60 million in last-mile logistic start-up named as Shadowfax. The company is planning to expand its operations, strategy and growth teams across India as well as in China.

Many logistics companies have seen growth in Series C and above stages and overall confidence in these start-ups is positive,” Xpheno cofounder Kamal Karanth said.

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