Gati anticipates 18-20% rise in festive demand 2023
01 Sep 2023
The Allcargo group's subsidiary, Gati, announced that it anticipates an 18-20% rise in demand during the festive season, particularly in sectors like e-commerce and white goods, among others, for the current year. The company expressed its readiness to address this expected surge through its improved warehousing and service delivery capabilities.
In addition to a substantial surface transhipment centre and distribution warehouse located in Bhiwandi, Thane district, Maharashtra, Gati also operates surface transhipment centers (STCs) in Farukh Nagar (Haryana), Indore, Nagpur, and Guwahati.
Gati Express and Supply Chain (GESCPL) announced that the company would assist SMEs in those regions in expanding into more diverse geographical markets during the festive season.
Rajesh Gowrinath, Senior Vice President for Sales at Gati, commented, "We are fully prepared with our enhanced delivery capabilities to meet the festive demand surge and the increase in order volume. We expect an 18-20% increase in festive demand this year."
The company foresees an upswing in the e-commerce sector, as well as in white goods, consumer durables, and FMCG segments during this period. Furthermore, Gati asserted that it can handle 20% more cargo loads at any time throughout the year due to its on-going capacity and efficiency improvement measures.
Gowrinath stated, "To support volume-based e-commerce logistics fulfilment during the festive season, we have expanded our network capacity by 20-25% to accommodate peak season loads and enhance delivery efficiency."
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