The government’s initiative to establish 50 e-commerce export hubs (ECEH) is expected to generate 2.25-2.75 lakhs new jobs in the sector, thereby enhancing India’s export capabilities, stated a study released by Team Lease Degree Apprenticeship. Additionally, this expansion is poised to transform the logistics sector, which is currently experiencing a 12 per cent CAGR.
According to recent data, online vendors have generated 15-16 million jobs, including 3-4 million for women, contributing to greater workforce diversity. This expansion, it added, is not limited to entry-level positions, but has reported an increase in marketing, merchandising, and management roles, reflecting the sector’s growing complexity and scope. Additionally, there has been a shift towards outsourcing traditionally in-house tasks like HR and administrative functions, highlighting the sector’s broader impact on employment patterns and its role in generating a wide range of job opportunities.
The growing significance of the logistics industry is closely linked to the expansion of e-commerce hubs with an increasing integration of advanced technologies such as AI, robotics, data analysis, and cybersecurity. This technological shift has led to rising demand for specialised roles across various sectors, including retail management, cross-border trade, logistics and supply chain coordination, global marketplace operations, digital payment solutions, data analytics, international customer support, export compliance, international marketing, sustainability, and tech-enabled trade facilitation, emphasising the need for professionals with the skills to optimise these technologies for efficiency and growth.
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However, the logistics industry faces significant challenges due to its largely unorganised nature, with only 10 per cent of the sector consisting of formal players and just 4.5 per cent of the workforce being skilled. This lack of formalisation impedes job creation and limits the sector’s ability to leverage new technologies, particularly in areas like advanced equipment handling and complex international consignment management. Additionally, only 41 per cent of offline vendors are involved in digital upskilling or creating new job opportunities, highlighting the urgent need for initiatives aimed at workforce skilling and formalisation to support the industry’s growth and technological progress.
Ramesh Alluri Reddy, CEO of TeamLease Degree Apprenticeship, stated that India is making significant strides in transforming its economy by focusing on emerging sectors and integrating advanced technologies like AI. “As part of this transformation, the government established 50 e-commerce export hubs that boost exports to $100 billion and strengthen India’s global trade presence. These hubs are creating a demand for a highly skilled workforce, especially in the logistics sector, due to the rapid expansion of e-commerce. With logistics apprentices growing from 400 in 2018-19 to over 20,000 in 2023-24, and given the expansion of e-commerce hubs and the logistics sector, we project a 50 per cent year-on-year increase in apprentices over the next three years.”
Dhriti Prasanna Mahanta, Vice President & Business Head of Team Lease Degree Apprenticeship, said, “The recent Union Budget 2024 has set the stage for transformative growth in the logistics sector. Capital expenditure is projected to deliver a 3.5X multiplier effect, combined with the development of multimodal infrastructure and cargo parks, which is expected to reshape supply chain networks across the country. The creation of E-Commerce Export Hubs aligns with India’s vision to become a global manufacturing leader, opening new international shipping and supply chain management opportunities.”
From: financialexpress
Financial News
