E-commerce Zone is going to focus on end-to-end solutions for e-commerce logistics and supportive technologies for fulfilment centres.
In the wake of COVID-19, e-commerce sector is witnessing a surge in activity, further driving growth of warehousing, logistics and supply chain sector. As per reports, pandemic has accelerated consumers’ shift toward e-commerce by five years. In addition, owing to other key drivers such as smartphone and internet penetration, Indian E-commerce market is expected to reach US$ 99 billion by 2024, growing at a 27 per cent CAGR during 2019-24.
Additionally, growing e-commerce industries are fostering demand of in-city warehousing, fulfilment centres and multi-storeyed warehouses, as big players are targeting to ensure same-day deliveries of food and groceries items to customers. The pandemic was a major disruption and exposed many weaknesses in the supply chain. For creating a seamless e-commerce supply chain, special focus will be on automation in warehouses & sortation hubs, robotics and digitalisation of logistics to reduce the dependence on manpower. Also, making firms customer-centric will mean catering for a stronger product availability, fast last-mile delivery, easy returns, flexible warehousing, logistics partnerships, as well as auto-replenishment models to manage profitability.
End-to-end solutions for e-commerce logistics including AIDC, Logistics Parks, Last Mile Delivery, Protective Packaging, Logistics, Automation, Material Handling, Sortation and Commercial Vehicles will be highlighted under ‘E-commerce Zone’ to cater to the rising demand from the fast growing e-commerce sector in India.