How Mumbai Local Goods Transport Contribute to Indian Economy?

1. How Mumbai Local Goods Transport Contribute to Indian Economy? India is witnessing an era of fast growth in its economy. The freight industry is contributing significantly to this change. It is through road transport that goods are moved within different states and localities within India. If we scale down our focus to sub-category of this large transport sector, we find that local goods transport sector is also very crucial to connect various markets. India prides in having the 2nd largest network of roads in the world with the total length being around 4 million kilometre. The government of India is investing heavily on road transport as roads are lifelines of economy. Better road facility provides faster goods delivery, better connection to small and big hubs and a vibrant flowing economy. In the quest for becoming an industrialized nation, better road connectivity plays a very significant role. There are many shipping and logistic startups coming up recently which facilitate inter-connectivity between all hubs. Transport infrastructure has been witnessing a growth of approx 10% each year and new urban clusters are mushrooming up. Indian infrastructure is seeing a heavy inflow of FDI from foreign countries. According to National Highways Authority, around 65% of freight transport in India is dependent on roads. For passenger traffic, roads contribute 85%. 95% of total road network is dominated by district and rural roads while National and state highways just have a share of 5% in total road network. Some bottlenecks or problems with Indian road network are as follows: 1. Congestion and high waiting time at check points

2. 2. High formalities like filling up of various forms at state borders, it also involves frequent physical checks and corruption. 3. Poor quality roads which result in wear and tear of vehicles. 4. Local unorganised players and their extra legal taxes and rules. 5. Less developed warehousing sector. The domestic goods transport sector in India faces challenge of congested roads. The upgrade of roads would solve this problem but would also require heavy funding. Even domestic companies are investing heavily in infrastructure funds. The project of Golden quadrilateral and east-west corridors are already in making. Government has plans for multiple four lane, six lane and eight lane roads in the country. Rail transport is also a dominant player in freight transport within India. Indian railway is also the 4th largest network of railways in the world. Indian Railways has one of the largest number of employees in the world and government is moving towards making a consistent connection between road and rail transport. Let us take the local goods transport service sector in Mumbai. Within and around Mumbai, there are several local regions like Bhiwandi, Bhandup, Mulund, Vile Parle, Andheri, Jogeshwari, Goregion, Malad, Dadar, Parel, Kalbadevi, Wadala, Kandivali, Borivali etc. Many small and big business traders located here require a regular need of domestic goods transport service. Mumbai has well developed road facilities and the logistic sector is performing fairly well in Mumbai. If you need a local good transport service in Mumbai, you would easily find many options and pricing which could allow you to choose the best service as per your needs. Mumbai is one of the hub centers for goods transport.

3. If we talk on areas like Mumbai, then Mumbai has several local domestic transport services and new services are constantly booming up. One of the new Mumbai local goods transport service is http://mvroadways.com. Mumbai provides opportunities to almost all major sectors of the country as it has a well developed web of businesses and services. People from different parts of the country come together in Mumbai with various dreams. The snowball action provided by good infrastructure and facilities makes Mumbai a favourite destination for young people who want to be entrepreneurs.