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Why So Many Logistics Platforms Failed in Past India
Why So Many Logistics Platforms Failed in Past India
They main reason is the startup companies did not properly analyze the full stack view of
Indian logistics sector. Just adding a thin layer of technology does not solve the deep routed
problems such as non-availability of drivers and fragmented truck ownership and etc. by just
overlooking the process of the logistics it looks very easy and simple but implementing it and
running the process is not as easy what we look .with the help of today’s technology and
other factors we can sort down some problems but in the past it was very difficult to connect
and communicate. “One of the major problems was that it was a credit-driven business which
made it difficult for us to scale up. So the main important factor of communication itself was
missing in the past logistics field. Looking practically even the start- up platforms where
trying to develop there were some new implements like introduction of GST and a major
push towards a digital, cashless economy were also one of the major reason why logistics
platforms failed in the past India . Once these things were being normalised there was a huge
drop during covid-19. Covid made many new start-up to fail even major players in this sector
were brought down and even some companies started to shut down. So for a key player to it
was difficult then looking for new start-up’s it very difficult to look. To conclude the past
India was not a proper time for a logistics platforms, since there were no proper connection or
network in India. Even we were introduced to highways in recent days and there were too
many changes in the entire system. And in upcoming days logistics platforms will play a
major role in India.
naturally in the e-commerce industry as people globally are preferring it rather than a direct
shopping.