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Abstract
The rapidly evolving regulatory policies, mega infrastructure projects and several other developments in recent times have driven the Indian logistics market, simultaneously, also overcoming infrastructure-related constraints and logistics-centric inefficiency. A majority of players in road transportation, which contributes significantly to the transport and logistics sector, have been small entrepreneurs running family-owned businesses. Given their small scale and limited investment capability, most of their investments have been focused on short-term gains — being the key decision criterion. As a result, investments that pay off in the longer term, such as those in manpower development, have been minimal historically. While industry players have been incapable of investing in manpower development, the government has also given it inadequate attention.