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Indiaexportnews.com

LCG seeks industrial and trading companies in India

  10.12.2008    

The Logistics Council Germany (LCG), an initiative set up by the Federal Government, will be seeking to persuade companies to set up a logistics base in Germany at the CeMAT INDIA in Bangalore on 10-13 December. The international logistics fair is being held for the second time and will attract more than 180 international exhibitors to a site measuring approx. 4,000 square metres. The exhibitors include a joint stand where German companies will be presenting their logistics services in Europe, including flows of materials and goods (intralogistics), concepts and solutions.
Accompanied by high-ranking representatives from the Federal Ministry of Transport, the LCG will attend the CeMAT INDIA 2008 to introduce the idea that Germany can act as a distribution base for markets all over Europe. The LCG will invite industrial and trading companies to use the high-performance logistics and infrastructure facilities in Germany to handle their flows of goods.
The presentation in Hall 3, Stand 3LL A 118, is the first in a series of events, where the LCG will travel the globe to highlight the outstanding opportunities of using the quality facilities available in Germany. This is the first event that the newly established marketing platform, the LCG, is attending in Asia. 
Activities are set to continue in India next year. They include road shows and delegate trips with representatives from the worlds of politics, business and industry designed to establish business links that will support the logistics sector in Germany. Press and marketing events will also take place on the Indian subcontinent. 
India’s economy is booming. The country’s gross domestic product is growing by nine percent annually. Analysts are predicting annual growth of 20 percent for the intralogistics sector alone. The country is an extremely attractive manufacturing location on account of its low wage costs, but it is also an excellent distribution base for Western Asia and the Middle East. This makes the country an interesting market for the German logistics sector.
As the degree of automation in warehouses is still relatively low, many modern facilities with automatic systems have been built recently. So the prospects for technology manufacturers and suppliers of intralogistics solutions in India are very good.
The CeMAT is an ideal platform for Indian managers to make contact with German and international companies and benefit from their expertise. The region near the trade fair city of Bangalore has experienced an economic upturn as the government has invested heavily in research and heavy industry there. Many companies in the IT sector have also set up in business there during the past few years. 



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