Tyres: the silent champions of the logistics industry

Imagine a world where nothing would be delivered or transported between the places. Logistics has made distribution so prompt and efficient that it has become a vitally important part of businesses. We are sure there must not be any business which is thriving without logistics. In fact, with the rise of efficient warehousing facilities in every small town and city and consumer's preference for getting the goods delivered at home (e-commerce), logistics tend to become a competitive edge for businesses.
Logistics is the backbone of any economy and when we specifically talk about India, this industry is rapidly evolving. At least US $100 billion by 2020 is what the industry is expected to reach. Well, when you get deep into the understanding of this industry, logistic is the interplay of infrastructure, technology, new service providers and tyres. Yes, tyres, probably very insignificant components in large modern vehicles but they play a major role in keeping the industry running.  As per the stats, the Indian tyre market has reached a consumption volume of 176 million units in 2018 and the figure is expected to turn out to be 239 million units by 2024. Woah! This growth roughly counts to be 5 in percentage. Read more here... https://www.linkedin.com/pulse/tyres-silent-champions-logistics-industry-rahul-k/

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