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Logistics is a US $ 4,000 billion industry today worldwide. USA alone spends US $ 1,000 billion on logistics. As against this, India spends only US $ 50 billion on logistics. This itself is indicative of vast potential for the growth of logistics industry in India.Logistics and infrastructure development are going to play a vital role in the economic development of India in future. Huge investments are expected to be made to link India with the rest of the world by sea, by air and by road.This investment would create a demand for trained logistics professionals who will keep supply chains from and to India continuously moving. Logistics industry in India has potential to create thousands of jobs on ports, airports, shipping lines, airlines, inland container depots, logistics service providers etc.This book covers various aspects of logistics in international business. It is useful for the students of international business, materials management, supply chain management etc. An attempt is made to extensively cover the syllabi of Master of International Business (MIB), Master of Foreign Trade (MFT) and MBA (International Business) courses of various universities and renowned institutes. Practicing managers in the logistics industry too would find this book ideal for their reference.The book is divided into 14 parts viz., Marketing Logistics System, Characteristics of Shipping Industry, Shipping Conferences, Multimodal Transport Operations, AirTransport, Electronic Data Interchange, Maritime Frauds and World Trade Organisation (WTO)`Maritime Industry etc. The book also contains commonly used abbreviations and important terminologies. Case studies and highlights of recent events in the field of logistics too are included for the benefit of students as well as professionals.Salient featuresComplete coverage of various components of logisticsCase studies for situation analysis and discussions.Each topic is followed by commonly asked questions.Highlights of recent events in the field of logistics.Abbreviations and commonly used terms.Illustrations, flow diagrams and maps.ABOUT THE AUTHORProf Rajiv Aserkar is B.E. (Mechanical) fromShri G.S. Institute ofTechnology and Science, Indore of 1977 batch. After working with companies like Elpro International and Wanson (India), Pune as apprentice Engineer, he joined Indian Institute of Foreign Trade (IIFT) in New Delhi and completed his Post Graduate Diploma in International Business in 1981. He worked with reputed companies like Kirloskar Pneumatic Company Ltd., Pune, Saeed Bin Nasser Al Hashar,, Oman, Dewas Toots Pvt. Ltd. Indore as senior executive responsible for export development and logistics. Prof. Asarkar has traveled extensively to Europe, Middle East, South East Asia and SAARC countries for export promotion and for participating in International Trade Fairs and Conferences.Prof Aserkar is presently working with International Institute of Foreign Trade and Research, Indore as Associate Professor. He has written a number of articles on the subjects of Logistics and World Trade Organisation for Indian as well as International Journals. ProfAserkar is also a regular speaker in the seminars and conferences on Logistics and Infrastructure related subjects. He also works as consultant to a number of organisations in India and abroad.
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