- Financial Express
Explained: How digitisation is uncomplicating logistics for MSME exporters
Trade, import and export for MSMEs: Logistics have always been the backbone of international trade. With supply chains dispersed globally as businesses look for the least expensive and most productive sources to produce and move goods, the strength of a country’s logistics processes is critical for it to become a global manufacturing and export powerhouse. The black swan events like the Covid pandemic have only reinforced this belief among Indian exporters and the government in order to enhance logistics capabilities through digitisation on a mission mode as it targets to be a $5 trillion economy.
Gradually, the logistics process for exporters is shifting from a time-consuming and costly affair, which is manually driven, to a cost-efficient and time-saving measure with respect to packing, warehousing, transporting goods, and shipping through digital intervention at every step.