Warehousing

How FTWZ Benefits Improve Warehousing in Delhi for International Trade?

As we all know, free trade warehousing zones are special category areas that fall under the special economic zone. You can choose a stand-alone warehousing zone or a demarcated space within a multi-product warehousing facility. It is designated as a foreign territory, provided with a special status and sundry advantages.

Why partner with a free trade zone?

The benefits of partnering with a free trade zone are immense. FTWZ can help improve warehousing in Delhi, especially for global trade purposes. You can enjoy the incentives equivalent to operating on a worldwide scale in all free trade zones. These foreign trade zones provide warehousing facilities for Indian businesses as well as overseas entities offering an integrated platform for various logistics and distribution activities, which includes trading of goods or components in and out of the country. All such efforts can reduce operational and set-up costs.

OSV FTWZ Benefits

FTWZ benefits indirectly promote the economic growth of the country. Most free trade zones are strategically located to provide the best connectivity and transportation through railways, roadways, sea routes, and aerial routes. With outstanding warehouses and built-in superior handling equipment for goods, some FTWZ stands out among the rest, one such is the OSV FTWZ warehousing facilities located in different parts of India.

• OSV is the leading free trade zone developer in the country with many operational FTZs, authentic licenses, 3PL services, and ICDs.
• OSV FTWZs also guarantee fast and efficient freight transportation.
• OSV boasts of warehousing in Delhi NCR, Chennai, Mumbai, and Gujarat.

• OSV services include tax and customs duty discounts, faster regulatory clearances, and less burden of capital expenses.
• OSV free trade zones focus on providing logistics services for more than 500 Indian and international firms in varied sectors such as cosmetics, electronics, pharma, and more.
• The company offers personalized value-added services to the clients
• The company promotes the concept of free trade zones facilitating global trade practices and increasing trading relationships between different countries.

While free trade warehousing zones do not fall under the country’s government regulations, these special economic zones are a boon to every nation that wants to improve its logistics business and infrastructure to help promote more cross-border global trade ventures. FTWZ benefits include offering a dynamic platform and trading hubs with advanced logistics integrated techniques including climate-controlled storage areas, world-class tools and equipment, special container yards, inland depots, exclusive customs office, and huge commercial complex spaces.

How can OSV FTWZ help eliminate the common challenges faced by companies while searching for the best warehousing in Delhi?

The free trade warehousing zone offered by OSV in the Delhi NCR area offers numerous incentives and advantages for businesses keen to do international export/import trading. Some of the common warehousing issues are non-existent in the state-of-the-art OSV warehousing facilities.

Let us note some of the common issues faced by companies in connection with warehousing units:

• Small spaces - Warehouses may have very limited space to store goods or inventory
• Bad layout - The entire layout may be wrong or inefficient making it hard to use the space constructively
• Unskilled labor - Most small warehouses offer an unskilled labor force due to which progress may be very slow
• Lack of inventory management - Some inefficient warehouses may not be able to deliver decent inventory management practices
• Zero visibility - Lack of visibility can also cause unnecessary delays, confusion of wrong shipments, and in general bad customer service.
• Poor security - Warehousing in Delhi with inadequate security features can be a risk for your goods or inventory.
• Shortage of drivers - Some warehouses may not have many drivers to meet the regular demands of the businesses and the logistics operations.
• Bad labor management - Lack of labor management skills can lead to serious issues in businesses such as poor productivity, cost inflation, and low morale
• Poor risk management - Lack of proper risk management skills means the warehouses are unprepared for any futuristic casualties like geopolitical tensions, disruptions in global trade, and natural calamities.

The Evolution of Modern Warehousing Units

Despite facing many challenges in the form of regulatory complexities or lack of proper infrastructural development, the free trade zone warehousing sector offers the key solution to India’s large-scale economic growth. Over the last few decades, the country has witnessed a consistent and urgent demand for warehousing facilities and related operations. Moreover, the growing demands from the e-commerce sector, increased import and export trading activities, timely support from the 3PL industries, and increased manufacturing output have fueled the surge in warehousing activities across the nation.

India’s free trade warehousing zones have undergone a great transformation by embracing the latest technologies, maximizing supply chain management, and abolishing traditional logistics activities to encompass the modern logistics paradigm. Even the supply chain operations cannot be carried out without the presence of warehousing units to meet the needs of progressive business entities. From offering fulfillment centers, and real-time visibility, to temperature-controlled premium storage facilities, you can have it all!

The Resilient Growth of the Indian Warehousing Sector

In the year 2023, the country’s warehousing sector has adapted well to the evolving global market dynamics. Cities like Mumbai and Chennai have seen a surge in the warehousing leasing demand similar to the demand in warehousing for the Delhi NCR region.

Playing a huge role in this demand surge were the 3PL players, almost contributing to half of the total warehousing demand in India. The FMCG companies also played a critical role, during the time when leasing activities surpassed all previous records in 2023. Engineering, electronics, and automobile companies also maintained a solid presence and secured warehousing support for manufacturing and distribution activities.

The Contribution of OSV FTWZ

Players such as Onnsynex Ventures Pvt. Ltd have contributed heavily to meet the robust demand for warehousing operations in Delhi and elsewhere. Supported by constant demand, the leading 3PL company has offered integrated warehouses for logistics and supply chain management. With modern technology and advanced systems, OSV ensures top-performance services and high-quality operations through free trade warehousing zones.

---