At Conserve Buildcon, Innovation Serves As The Cornerstone Of Our Operations.
Kiran Shetty, CEO, Conserve Buildcon How do you view the progress of the Indian warehousing and logistics sector? The Indian warehousing & logistics sector has experienced impressive growth, driven by a combination of factors. The expansion of e-commerce fuelled by online shopping, the growing number of third-party logistics providers, the rise of the manufacturing sector,
Kiran Shetty, CEO, Conserve Buildcon
How do you view the progress of the Indian warehousing and logistics sector?
The Indian warehousing & logistics sector has experienced impressive growth, driven by a combination of factors. The expansion of e-commerce fuelled by online shopping, the growing number of third-party logistics providers, the rise of the manufacturing sector, technological advancements, policy reforms, and the adoption of sustainable practices have all played pivotal roles. These factors have not only increased the demand for modern warehousing infrastructure, but have also attracted significant investments into the sector. At Conserve Buildcon, we have played an active role in this transformation. We have utilized our expertise in construction and infrastructure development to contribute to shaping the dynamic and evolving logistics landscape.
What are the major factors that have helped the sector for a revival?
Several crucial factors have propelled the revival and growth of the logistics sector in India. Programs like Make in India, private 3PL participation, and the rise of e-commerce boosted the sector, then government initiatives, especially the implementation of GST, simplified taxation, and trade processes, enhancing operational efficiency. Also, the National Logistics Policy (NLP) focused on reducing costs, standardizing warehouses, and improving India’s Logistics Performance Index position. Significant investments in infrastructure, including roads, highways, ports, and airports, improved connectivity and reduced transit times and costs. E-commerce growth led to the development of advanced logistics solutions for online retail demands. Integration of technologies like IoT, AI, and blockchain streamlined operations, ensuring efficiency and transparency. These collective efforts have revitalized India’s logistics sector, making it more robust and competitive.
How is technology playing a key role in the modernization of logistics/warehousing operations in the country?
Technology is the cornerstone of modernizing logistics and warehousing operations in India. Real-time tracking and visibility are achieved through GPS and RFID technologies, ensuring secure and efficient movement of goods. Advanced algorithms analyse traffic patterns, enabling optimized route planning and traffic management.
Warehouse automation, including Automated Storage and Retrieval Systems (ASRS) and robotics, enhances inventory management and order fulfilment. IoT-enabled sensors and barcode/RFID scanning automate inventory tracking, reducing errors and improving accuracy. Blockchain technology ensures secure, transparent, and immutable record-keeping, fostering trust among stakeholders. Additionally, data analytics and AI-driven solutions optimize logistics, enabling better decision-making and resource allocation. Digitalization and automation have streamlined documentation and transactions, reduced paperwork and expediting processes. These technological innovations not only improve operational efficiency but also position India’s logistics sector at par with global standards.
What is your take on the new Logistics Policy as a catalyst for growth?
The National Logistics Policy (NLP) is a visionary document that has set the stage for transformative growth in India’s logistics sector. Its four critical pillars—reduction in logistics costs, enhanced collaboration, improved container movement, and joining the top 25 logistics performers – outline a comprehensive roadmap for the sector. The introduction of key initiatives like the Unified Logistics Interface Platform (ULIP) for efficient cargo movement and Ease of Logistics (ELOG) to simplify regulations are monumental steps. The System Improvement Group (SIG) ensures that hurdles in logistics-related projects are swiftly addressed. Moreover, the focus on data-driven decision support systems aligns perfectly with the digital age, enhancing efficiency and transparency.
What are the major innovations from the company in its operations to meet the growing demands in the logistics/warehousing market?
At Conserve Buildcon, innovation serves as the cornerstone of our operations. We have embraced state-of-the-art construction technologies in our design phase, incorporating Building Information Modeling (BIM) and 3D printing for precise planning and visualization. Additionally, we have accelerated our projects through Value Engineering and modular construction techniques, ensuring timely completion without compromising quality. In the realm of Procurement, we have adopted advanced tools such as reverse auction platform and AI-driven approaches, empowering transparency. Our focus on Business Process Automation (BPA) streamlines decision-making processes.
In the construction phase, sustainability is paramount to us. We integrate energy-efficient designs, renewable energy sources like solar panels, and eco-friendly materials, aligning with global green building standards. Our commitment extends to smart building solutions, employing IoT devices and sensors to optimize energy consumption and bolster security measures. Moreover, we heavily invest in our workforce, providing comprehensive training programs to keep them updated on the latest technologies and industry best practices.
These innovations enable us to efficiently and sustainably meet the burgeoning demands of the industrial and logistics sectors.
What is the strategy of the company to stay competitive in its respective segment? What are the plans to enhance its operations in future?
To remain competitive in the construction industry and enhance future operations, we at Conserve Buildcon adopt a comprehensive strategy that considers market trends, technological advancements, sustainability, and operational efficiency. These include:
Embrace technology: Implement BIM, VR, AR, IoT, and AI for efficient project management, accuracy, and decision-making.
Prioritize sustainability: Focus on green practices, energy efficiency, and waste management for eco-friendly projects.
Invest in workforce: Provide continuous training, promote diversity, and enhance employee skills.
Improve operational efficiency: Apply lean principles, optimize supply chain, and standardize processes for consistency and cost-effectiveness.
Encourage collaboration: Foster partnerships and collaborative project methods for enhanced efficiency and quality.
Focus on client relationships: Understand client needs, gather feedback, and tailor solutions for maximum satisfaction.
Explore new markets and diversify: Enter emerging markets and diversify project portfolios to align with demands.
Manage risks and ensure compliance: Implement robust risk management and adhere to regulations for reputation and operational stability.