A Study on Transportation Assets Held by Companies in Manufacturing Sector in India

Abstract

Transportation is an important for every business irrespective of size of the business. It plays vital role whether it is Small scale or Medium scale or Large scale and it is very important specially for manufacturing sector where transportation lead significant responsibility. In India, from the pre independence to post independence, it was great involvement for the movement of goods from one place to another place and transportation is the only way to distribute necessities from the surplus areas to scary places. Many companies are holding its own transportation and others are giving out sourcing. Here considered major industries in Manufacturing sector of India like Chemical products, Consumer Goods, Food and agro based, Metal and Metal products etc., there is crucial involvement of transportation in every industry which are included in Manufacturing sector. Significant growth from the period starting with 2009 to 2018 and these growth is not enough to boost the transportation. Government as well as private sector have to concentrate more to develop the transportation of each industry in Manufacturing sector.