Logistics Sector Senses Slowdown, Expansion Plans on Hold -

Logistics Sector Senses Slowdown, Expansion Plans on Hold

Logistics Sector Senses Slowdown, Expansion Plans on Hold as India’s second-quarter GDP data is expected to be on a downward slide. Auto sales, real estate and bank credit and consumption data have pointed to a demand slowdown. India’s industrial production shrank for the second consecutive quarter.

Logistics Sector Senses Slowdown, Expansion Plans on Hold. Indian economy is slowing down and has started giving clear indications within the logistics industry. Logistics giants like DHL Express, All Cargo Logistics, Future Group, and the Warburg Pincus-backed Stellar Value chain experiencing the impact of tepid business on the pace of growth. Some of the companies have also deferred planned expansions, and are setting relatively modest revenue targets.

“Oversll industry is facing a slowdown. Logistics Sector Senses Slowdown, Expansion Plans on Hold. Slowdown is affecting comapnies by about 5-10% against YOY. The slowdown has been evident in last two months of August and September.

For news on infrastructrue, real estate and architecture red more: www.fortunestreets.com

more recommended stories

Subscribe to Infrabuddy Newsletter
Subscribe