While usually media-shy, India’s logistics sector has only recently emerged into the limelight. Its profile has become more prominent in the wake of rising nation-wide consumerism, and India Inc’s vision to compete based on aspects like last-mile delivery efficiencies.
With its incredibly healthy growth rate of 10.5 percent a year, the sector is also emerging as a leading employer of choice. With sectoral investments expected to reach $500 billion by 2025 (as per an IBEF report), it is expected to employ 40 million professionals by 2020.
Once considered a low-skilled industry, logistics today is emerging as a sought-after sector for employment, due to the role of digitization, the deployment of global best-practices, and rising economic relevance.
Behind the plethora of new economic opportunities being explored by India is the logistics sector. As the backbone of the economy, the sector’s growth is directly linked to India’s economic growth as a whole. Consequently, India’s anticipated emergence as a $ 5 trillion economy will create half a million jobs in the logistics’ industry’s various sub-sector. It is thus a great career opportunity for skilled professionals and freshers alike.
Underscoring logistics’ professional potential
Clearly, logistics is a goldmine opportunity, just waiting to be explored. However, realizing this opportunity will necessitate the creation of a robust pool of skilled human resources for the industry to draw from. The increasing maturity of the sector, as it embeds itself in India’s economic growth story, lends to the emergence of complex value chains across various sub-sectors, such as Transportation, Supply Chain Management, Warehousing & Distribution.
Studying logistics, therefore, creates immense scope for professional growth, as the sector’s involvement in all aspects of business is increasing. However, conventional college degrees do not offer real-world insight and work relevance. The knowledge gap thus needs to be bridged. Industry-relevant training, which can enable a professional to immediately begin working in the field, is the need of the hour.
Addressing the sectoral skill gap
The need for industry-relevant training is also rising, considering the impact of technology. Industry 4.0, defined by the industry-use of technologies like automation, digitization, the Internet of Things and Blockchain has created the need for a workforce with technologically advanced skills. The logistics sector today has immense demand for professionals with specialized skills such as data analytics, data management, project mapping, warehouse management systems, process conversion. Such skills necessitate a strong foundation in science and technology. At the same time, educational backgrounds with exposure to International Business, Commerce, Foreign Trade and Accounts, also have high relevance for the sector.
For a formally trained student, the logistics industry offers many career options. These include
- E commerce
- Shipping lines
- Aviation (Cargo)
- Freight forwarding
- Cargo terminal operators
- Port operators and ICDs
- Road transport
Considering the sector’s academic diversity, there are job opportunities for people of all educational levels. The sector’s push towards constant skill up-gradation makes it a great option for people looking for a lifetime of professional growth. While it has a rich demand for skills, the sector has no inherent gender bias, offering equal opportunities to women. And, the sheer diversity of roles and the sector’s depth and agility makes it an exciting career opportunity. There are also abundant opportunities to emerge as a logistics entrepreneur.
Benefits of entering the logistics sector
Whatever path one chooses, it comes with a guarantee of doing something new every day. The workday will never be boring; instead, amid India’s robust economic growth story, the sector can only acquire more depth, diversity, and relevance. Since logistics is deeply integrated into supply chains everywhere, it offers a recession-proof career opportunity for those willing to work hard and constantly up-skill themselves.
Even a basic graduation degree can pave the way for great career growth opportunities, if applicants regularly invest even a small amount in educating themselves and acquiring basic skills. The sector offers great opportunities for travel, as work locations are flexible and depend on day-to-day requirements. Of course, one has to keep in mind that high stress and tight timelines are part and parcel of the job but that’s a mantra for success in all fields!
The sector has come of age, today shaping the future of people, organizations, and entire nations with socio-economic relevance in supply chains. Cognizant of its importance and status as a next-gen employment industry of choice, companies like MyLogistics Gurukul are working to serve as a bridge for people to enter the sector, by offering skills and enabling job-readiness.
Article by Alpana Chaturvedi, CEO, MyLogistics Gurukul