Wednesday, 8 November 2017

State Govt Contrive Logistics Policy Soon

Logistics has been identified as one of the priority sectors. In the first few years, we focused on IT, electronics manufacturing, biotechnology, defence and aerospace. Now that these sectors are doing well, we are focusing on the next set of sectors, which includes textiles, food processing, automotive as well as logistics. We will be preparing a policy for the sector. As of now, the regular incentives that we provide under the industrial policy are available for the sector but we would like to customize certain benefits for logistics players Telangana industries department principal secretary Jayesh Ranjan said.


Ranjan added that after the government announced the setting up of dry ports in the state, it has been approached by leading international as well as domestic players that are keen on investing. On May 5 this year, the state government also inked an MoU with the National Highways Authority of India (NHAI) to set up a logistics park in the state.
While the sector offers huge potential, Jasmine Singh of CBRE South Asia Pvt Ltd said that in the near-term, Hyderabad's logistics market will not reach the scale of the sector in Mumbai or Delhi-NCR region.

Hyderabad is not a distribution centre or a regional node, it is driven by local consumption. Mumbai, with one of the busiest ports in the country, has a lot of import containers coming in and export containers going out. Delhi NCR is a hub for redistribution of goods coming from down south...a part of which gets consumed in the region and rest is redistributed in the north and western parts of country,

India Transpire as Goal For Dream Jobs

India has emerged as the dream destination for most job-seekers with nearly 60 per cent job seekers looking for their aspirations in the country, according to a survey.


Nearly 60 per cent job-seekers wanted their dream job in India making the country the dream destination for most job-seekers, according to a TimesJobs survey.

Over 40 per cent seek their dream jobs overseas, the survey further revealed.

The survey was conducted among 1,100 job-seekers in the country.

It found that while engineering is the dream profile for men job-seekers, women yearned to become a doctor or be in the medical profession.

Among men, nearly 25 per cent job-seekers wanted to be a doctor or medical professional, 20 per cent want to be in the Information Technology (IT) industry, 15 per cent would like to become chartered accountants and 10 per cent are keen to become a lawyer, it said.

Women job-seekers, besides the eagerness for becoming doctor or medical professional, 25 per cent want to be Chartered Accountants (CA), 20 per cent would like to be in IT, 15 per cent wanted to become engineers and 10 per cent would like to be part of the human resource (HR) profession.

Overall, IT is the dream sector with nearly 35 per cent job-seekers wanted to work in the industry followed by healthcare and manufacturing sector for about 30 per cent each, it said.

Nearly 25 per cent job-seekers wanted to be in telecom industry, and another 25 per cent are interested to be part of the automobiles sector, the survey said.

Banking, Financial services and Insurance (BFSI) was the choice of 20 per cent job-seekers, while 16 per cent seek opportunities in the logistics sector.

Nearly 15 per cent job-seekers picked retail industry and another 15 per cent choose BPO or ITeS sector.

For 10 per cent their dream sector was consumer durables or FMCG, the survey said.

The survey revealed that about 55 per cent job-seekers felt they are not currently working in their dream profile.

Of these, it said, 65 per cent men job-seekers felt their current role is not their dream role while 75 per cent women job-seekers said the same.

It said, about 70 per cent job seekers considered the industry they are working in as their 'dream sector'.

About 70 per cent job-seekers haven't still been able to get a job in a company they aspired to work, while 25 per cent job-seekers said they have given up on the idea of their dream jobs