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Transport and Logistics Company Registration in India

The sector of transport and logistics of India is one of the major and constantly thriving economic sectors. Development and growth in the transport and logistics industry of india is inevitable necessitated by progresses in various other economic sectors, increasing exports and imports, infrastructure-related investments including FDI, and many other factors.

Transport and Logistics Company Registration

Besides the transport and logistics company registration in india, our well-resources and prestigious law firm of Delhi, also offers necessary services for business/service establishment of a transport or logistics company in entire India. The international logistics are also helped, to support Indian logistics companies in providing top-notch international logistics services. As a logistics company, one may choose any of the following types of companies --- private limited company, limited liability partnership (LLP) company, and a public limited company. Our expert and economical legal and supportive services related with company incorporation and all other tasks and activities for business/service establishment of the company, are explained separately in the last section. Today, our services for fast and finest online company registration for all types of companies, and that for the brand and logo registration under all 45 classes are rather popular in India.

Again, in addition to the full-range of legal and advisory services to all types of companies active in India, our lawyers also deliver the complete gamut of services for registration and protection of all major categories of intellectual property in India and abroad. Hence, trademarks, logos, or service marks of transport and logistics companies may also be registered and protected with efficient and masterly support of our veteran and innovative trademark lawyers of international fame. In general, these items related with the transportation and logistics services are registered under the Class 39 of the Nice classification.

Transport and Logistics Industry in India and Scope of Work

The Logistics Industry alone of India is a very significant economic industry/sector, in respect of its contribution to the national GDP, earnings from exports, employment-generation, development and growth in various other economic sectors, and India's status in terms of global supply chain in logistics. Again, the demand for transport infrastructure and logistics in India has constantly been rising with an annual growth rate of about 10% particularly since last decade. According to the Economic Survey 2017-18, the Indian logistics industry has been growing with a CAGR of 7.8% during last five years, and is at present worth around US$160 billion, and is highly expected to reach the level of US$215 billion by the year 2020, growing with a CAGR of over 10%. The paragraphs below offer more useful information about the transport and logistics industry in india and scope of work in this vast and varied sector in near future. Employing around 22 million people, the logistics sector of india is one of the major and fast-growing logistics markets in the world after China and others. Here, it may be noted that the main means of transport and logistics in india are the following --- railways, roads, shipping, and aviation. Also, around 65% of freight of domestic India is moved by the road; while public transport is the primary mode of transport for the bulk of Indian citizens.

Though the logistics industry of india is at present largely unorganized, it has been regularly progressing and improving its status with support of various Governmental measures taken from time to time; FDI; and the need for improving its cost and competitiveness at regional, domestic, and global levels. As per the World Bank's 2016 Logistics Performance Index, India has made improvement in all the six parameters of measuring the overall logistics performance index, and jumped to 35th rank at global-level from the 54th rank in its 2014 ranking. Recently, seeing the imperative need of sufficient development in the logistics sector of India, in addition to including this sector in the Harmonized Master List of Infrastructure subsector, the Government of India has also created a separate Logistics Division in the Department of Commerce, for looking after it, developing it, and introducing information technology boosts to it. This logistics division will be striving for alleviating and eliminating the following usual drawbacks associated with the Indian logistics industry --- high cost of logistics, large transit times, heavy traffic and bottlenecks, blunt competitive edge, underdeveloped material handling infrastructure, differing route and permit related regulations in different States, fragmented warehousing, shortage of skilled manpower and resources, lack of seamless movement of goods across modes, and despicable shortage of tech-integration, etc.

Use of the latest technologies and the proposed governmental initiatives in the logistics industry of India will provide all-round advantages and benefits to the industry and its customers. These advantages could include the following ---- better route optimization by fleet owners; lavish facilities in moving and tracking of cargo; highly efficient and reasonably-charged logistics solutions; optimal utilization of available assets and resources; single window system for necessary clearances; real time GPS-based vehicle tracking; better transport and logistics networks with improved inter modal transportation; improved warehousing and distribution processes; mitigation/removal of various pain points in the logistics supply chain; increased exports from India; fast progress in various other economic sectors; and for making the Indian logistics industry at par with the global supply chain standards.

Thus, the logistics industry in India is certainly very secure, progressive, and lucrative, both at present in future. Depending on one's interest and availability of resources, one can opt for any of the various modes of transport and logistics mentioned above.

How to Register a Logistics & Transport Company in India?

Depending upon your specific interest, resources, or circumstances, you may set up a transport or logistics company for engagement in any or more of the following services --- a transport services, freight and cargo services, movers & packers services, booking or brokering services, warehousing of goods and products, distribution logistics services, and so on. Based on your business/service requirements any on the above-mentioned types of companies may be setup.

Besides information regarding how to register a logistics & transport company in india, our other services for establishing and growing the services of such a company are listed below:

  1. Obtaining DSCs and DINs/DPINs for the Directors/Designated Partners [Form DIR-3]
  2. Getting approval and reservation of the proposed company name [Form INC-1 or Form-1 (for LLP)]
  3. Preparation of appropriate MOA & AOA or LLP Agreement, Consent Letters, Affidavits, Powers of Attorneys, etc.
  4. Filing application for company incorporation [through Form INC-7 or Form-2 (for LLP)]
  5. Filing other forms and documents with the concerned ROC
  6. Making of PAN, TAN, GSTIN, Bank Account, Export-Import Code, etc., for the company
  7. Obtaining necessary permissions and licenses from the concerned Governmental authorities
  8. Comprehensive services for service mark, logo, or company trademark registration of the logistics and transport company.
  9. Drafting various contracts or agreements related with commercial dealings & transactions, various core activities of the company, leasing/hiring of vehicles and machinery, financing, distribution, franchising, marketing, etc., of the company
  10. All statutory compliances by the logistics company with ROC and other regulatory authorities
  11. Strategies for service growth and greater profitability.
  12. Processing and compliances concerned with various legal Acts and Statutes, such as Labor and Employment Laws, Intellectual Property Laws, Commercial Laws, Maritime and Admiralty Laws, International Business, ESI and PF Regulations, Environmental Laws, etc.

How to Contact for Registering My Transport and Logistic Company in India?

Interested entrepreneurs or investors may readily receive our expert and efficient legal and advisory services for registering the selected types of transport and logistics companies in India, and establishing service of the same, just through calling over: +91-88001-00284; or sending their sincere queries or requests at: contact@Company-Registration.in

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