An Analytical Study on the Challenges faced by the Indian Logistics Companies and Smart Solutions to Overcome (with special reference to Tamilnadu)

The backbone of the Indian economy is Logistics Sector, providing efficient and effective flow of goods services on which another sector depends. The logistics industry in India is growing rapidly, it is the combination of infrastructure and technology updating, which defines whether the logistic industry is able to help its customers reduce their cost and risk in logistics sector and provide efficient services. Here in this paper Various companies like Truck operators, freight shipping companies, multimodal companies, Courier shipping and supply chain solutions are taken as samples (118 respondents) where challenges faced by those companies in Indian Logistics Industry is assessed using statistical tools like simple percentage, Henry Garrette Ranking, Chi-square method and smart solutions to overcome challenges are given.