India

Market Overview

Capital：New Delhi
Area：3.3 million sq km
Population：1.37 billion & Growing!
GDP Growth：around 6.8%
Major Contributors：Services (31%), Manufacturing (22%), Agriculture (47%)

Inland connection：

• 2nd largest road network in the world (behind the U.S.) with 5.5 million km of roads
• During FY19, Government of India allocated Rs 71,000 crore (US$ 10.97 billion) for development of national highways across the country
• Over 64.5 per cent of all goods in the country are transported through roads
  – Over-utilization of Highways causing Poor Road Surface
  – Increased Traffic Congestion
• Road supply cannot meet current (and rapidly growing) vehicle population
  – Freight traffic of Indian Railways increased to 1,159.57 million tonnes in FY18
  – Indian Railways is targeting to triple freight traffic from current 1.1 billion tonnes to 3.3 billion tonnes by 2030
  – Freight remains the major revenue earning segment for the railways, accounting for 65.52 per cent of total revenues in FY18, followed by the passenger segment

Major import commodity：

• Mineral fuels including oil: 33.2%
• Gems and precious metal: 12.8%
• Electrical machinery & equipment: 10.3%
• Machinery including computers: 8.5%
• Organic chemicals: 4.4%

Major export commodity：

• Mineral fuels including oil: 14.9%
• Gems and precious metal: 12.4%
• Machinery including computers: 6.3%
• Vehicles: 5.6%
• Organic chemicals: 5.5%

Our Strength

Precision Global Logistics in partnership with MTO (Multimodal Transport Operator) License holders in India since 2018, opening up new opportunities for growth for the company in the subcontinent. Access to MTO license will enable Precision Global Logistics to provide extended services to shippers, moving cargo from any land point in India to and from any destination in the world, under a single Contract of Carriage. The manufacturing hubs in India, which contribute a major share of exports, are located deep in the hinterland and far away from the gateway ports. Therefore, the potential for multimodal transportation – including long and short hauls – is immense. The Multimodal Transport Operator, will enable Precision Global Logistics to take responsibility for transporting cargo from one point to another, utilizing more than one mode of transport, ensuring more efficient and cost-effective door to-door movement of goods for our customers.

Service Products

• International Air Freight
• International Ocean Freight
• Customs Brokerage
• 4PL Warehousing & Logistics
• Importer/ Exporter on Record (IOR/EOR) and e-commerce delivery support
• MTO (Multimodal Transport Operator)