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Starting a Logistics Business is itself a Challenge as every "goods or commodity" in India is movable through either interstate or across the border. Be it agriculture, e-commerce, manufacturing etc. everyone requires a certain amount of goods to be moved from one place to the other for example farmers require pesticides, seeds, chemicals for their usage, and they receive the goods as the manufacturers receive the order for the goods. They take the order through Logistics and dispatch the same from the warehouse and set it out for delivery to the respective customer. This movement of goods is done by the Logistics company in India.
Logistics Business is that part of Supply Chain Management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services and related information from the point of origin to the point of consumption to meet customers’ demands.
Whether shipping, conducting air transport or trucking, a successful logistics company will get to have some means of cargo transportation at its distribution; this is what makes a start-up logistics firm an upscale investment.
A logistical firm is a corporation that delivers and stores the products of various organizations. They also have expertise in the import and export of products through the country or may specialise in ground transportation within the states.
We are all aware of how the Indian economy has grown tremendously in the past few years, simultaneously giving rise to the extensive market for logistics services. Where over 50 million Indians are currently employed by the logistics industry. We can always look for the ways and means to cost-cutting and delivery time having a profound Logistics network across. Which would eventually give rise to our profits and also the current market share of business would come under speculation.
The rising of e-commerce and the global supply chain has led to the driven demand for the service of Logistics Company Registration. The different types of logistics business that an entrepreneur can start are as follows--
Let us look further at the Registration and Compliances required for a Logistics Company Registration. The following aspects need to be considered for any logistics company to be successful.
It is imperative to get the required registration and compliance certifications. Like any business, logistics services require registrations to be obtained and also government compliance.
In India, subsequent registrations are mandatory. Freight forwarders should get mandatorily registered with the International air transportation Association (IATA) and Air Cargo Agent Association of India (ACCAI).
Other important registrations in India include tax Department registration, DGFT registration, Registrar of Companies and GST other departments.
Online Legal India™ can help you get your Logistics Company Registration adhering to the compliances. We have the best minds in the industry who are an expert in their own field who will guide you accordingly and in a very short time, you would have your own Logistics business registered.
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