Robust growth prospects and huge employment opportunities are set to characterize the logistics and operation sector in the next decades, said speakers at the National Management Seminar on Operation and Logistics (OperLogix’12) organized by Asian School of Business Management (ASBM), a city based B-school.
Speaking on the occasion Subrat Tripathy, chief commercial manager, East Coast Railways, dwelt on the rapid modernization of Indian railways and its future growth driven by the cost containment and efficient management of logistics operation. He exhorted the students to take advantage of the management education in logistics and supply chain being provided by the advanced B-schools.
Delivering the key note address, R Ranga Rajan, vice president (human resource), Sical Logistics Ltd, said, with annual logistics cost of 6.75 billion dollars, Indian logistics and supply chain industry occupies 47th rank among 155 countries as revealed by recently released World Bank Survey. With a projected annual growth rate of 15-20% per year, the industry already provides employment to 45 million people in India.
Looking at the huge employment opportunity, career aspirant and management students across the country can enhance their potential by choosing logistics and supply chain management as a career of first choice, he added. Presiding over the meeting, retired bureaucrat, Vivek Pattanayak emphasized on the growing significance of logistics operation which has evolved from the military strategies of great emperors like Alexander.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
