Friday, 29 November 2019

Strong elite field to lead 18,000+ participants at 9th IBVVMM

Pic Caption: From left to right Sandesh Jadhav, Organising Secretary, IBVVMM, Ripudaman Bandral, National Business Manager, Indiabulls Home Loans, Sanjay Herawade, Additional Municipal Commissioner,VVMC, Shri Pravin Shetty, Mayor, VVMC, Shri Prakash Rodrigues, Deputy Mayor, VVMC, Prashant Raut, Standing Committee Chairman, VVMC, Sapna Desai, Sr Vice President, Head of Marketing, ManipalCigna, Prakash Vanmali, Organising Secretary, IBVVMM.

Asian Marathon Champion Gopi T to be Guest of Honour
Mumbai, November 29, 2019: A strong elite athlete field with 30 runners, increased participation in the timed events, a new race category for families and the presence of Asian Marathon Champion Gopi T as the guest of honour were announced by Shri Pravin Shetty, the Honourable Mayor of the Vasai Virar City Municipal Corporation, for the 9thIndiabulls Home Loans Vasai Virar Marathon, in association with Manipal Cigna Health Insurance, to be flagged off from different locations, in Vasai and Virar on Sunday, December 8, 2019.
Joining the country’s leading distance runners at the marathon, around 18000 plus participants are expected to take part. Among them are 900 Full Marathoners, 3900 Half Marathoners, 3400 plus 11 km Runners, 1050 athletes in the 5K timed category including 200 in the Manipal Cigna Family Run and over 2000 in the Dhamaal Dhaav. In the junior age group categories around 7000 plus athletes are expected to run for 1.5 kms, 3 kms, 5 kms, 7 kms and 11 kms. The Battle Run, an exclusive event for 3-member teams over the 11 km distance has drawn 30 team entries.
IBVVMM is the only national-level running event in the country which is organized by a Municipal Corporation and offers the highest prize money of Rs 4 lakhs for Indian athletes. The winner of the Full Marathon for men stands to gain an award of Rs 2.50 lakh, while the male and female winners of the Half Marathon will take home Rs 1.25 lakh each.
Asian Marathon Champion and Olympian Gopi T, the first and only Indian athlete to win gold in the Asian Marathon Championship has been invited as a special guest.
Mayor Shri Pravin Shetty said, “on behalf of the Vasai Virar City Municipal Corporation, it gives me great pleasure to announce complete preparedness to host another successful edition of the Indiabulls Home Loans Vasai Virar Mayor’s Marathon on December 8, 2019. The entire machinery of the corporation, in association with the Vasai Taluka Kala Kreeda Vikas Mandal and event promoters Aryanz Sports PR & Events and sponsor Indiabulls Home Loans team has been working relentlessly to provide the best possible facilities and a memorable running experience to thousands of participants who have registered for the event. A traffic-free route has been planned out for the duration of the event, with controlled movement of vehicles in emergency situations and personnel from all departments will be on hand to help in the smooth conduct of the event.”
He also added that the Corporation will continue to provide free lodging and boarding to all the outstation athletes, a service not provided by any other race in the country.
The Full Marathon men’s field will be headed by Rahul Pal of the Army, who has a personal best of 2:21.52 and is the winner of the Allahabad Marathon 2019. He will be challenged by Harendra Chauhan, who finished runner-up behind him. Also posing a strong challenge will be Army mate Mohit Rathore, the runner-up in 2017, ASI, Pune’s Brahmprakash who clocked 2:24.50 and Air Force’s Sukhdev Singh, who clocked 2:27.51 in Allahabad.
The men’s half marathon will be spearheaded by defending champion Shankar Man Thapa, who also finished third at the Mumbai Marathon and is also the National Cross Country champion. He will have to contend with last year’s runner up and winner of the Darjeeling Hill Marathon 2019, Durga Bahadur, who clocked 1:05.48 in the Delhi Half Marathon.
The women’s half marathon will be spearheaded by Arti Patil, who finished third last year but has improved her performance, along with Swati Gadhave of Railways, Arpita Saini from UP and Gargi Sharma from Himachal.
Race Timings: The Full Marathon will be flagged off from New Viva College, Virar W at 6.00 am, while the Half Marathon will be flagged off from Victor Heights, Vasai West at 6.30 am. The 11Km Run will be flagged off from New Viva College at 6.10 am, while the 5km Timed Run will be flagged off at 7.25 am, also from New Viva College. All the junior age category events, along with the runs for senior citizens as well as the DhamaalDhaav will be flagged off from New Viva College.
Special Marathon Train: Continuing in its support for the event, Western Railway has announced a special train for the Indiabulls Home Loans Vasai Virar Mayor’s Marathon, which will leave Churchgate Station at 3.00 a.m. and reach Vasai and Virar at 4.23 am and 4.31 am respectively, after stopping at all stations. Free transport will be provided to all participants from Vasai Station and Virar Station to the respective start points.
A total of 13 pacers, led by Comrades Marathon Green Bib holder Satish Gujran will be leading various timing buses in the full marathon and half marathon.
30,000 litres of water will be distributed through a total of 24 stations and Fast&Up will be available at ten energy drink stations. There will also be six Orange stations and cool sponge stations on the second leg of the Full Marathon and Half Marathon. A Medical Base Camp will be set up at the finish point of all the timed races. There will also be 13 medical stations along the route.
The event has the support of the Palghar District Police, who will be responsible for the Law and Order as well as traffic control on the route. They will be assisted by over 300 private security personnel.
125 officials, from all over the State, coordinated by the Palghar District Athletic Association, will be responsible for the technical conduct of the event. A total of 700 volunteers, among them teachers and students will be on hand to assist in the conduct of the race.

Myanmar Logistics and Warehousing Market Outlook to 2023


The report titled “Myanmar Logistics and Warehousing Market Outlook to 2023 – By Road, Sea, Air and Rail Freight Forwarding; International and Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics” provides a comprehensive analysis of the Logistics market in Myanmar. The report covers the overall size and future outlook of Myanmar Freight Forwarding, Warehousing, Courier Express and Parcel, 3PL and E Commerce Logistics market in terms of value, segmentation on the basis of service mix, by geography, by ownership and by type of industries. The report also covers the competitive landscape and company profiles of major Freight Forwarding, Warehousing and Express Logistics Companies in Myanmar. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and challenges.
Myanmar Logistics Market Overview and Size
In 2011 Myanmar’s economy opened up to the rest of the world. Foreign investment has since then been steadily coming in, reaching USD 7.5 billion in 2018, 13% growth since 2013. International companies are looking at Myanmar as a potential growth market. One of the lucrative factors for investing in Myanmar is the abundant supply of natural resources and one of the cheapest labor costs in Asia. However, there has been underinvestment in Myanmar with respect to the transportation sector, with merely 5% of government expenditure going towards the Transport and Communications sector even though Transportation services contribute 11.2% to the GDP. More than 80% of enterprises in Transportation and Storage Sector in Myanmar are operating with only 0-9 workers. This suggests that the market is majorly unorganized.
Myanmar Logistics Market Segmentation
By Freight Forwarding
Despite a stunted economic growth before the liberalization initiative, freight forwarding has always been a prosperous industry in Myanmar due to its strategic location as the gateway between India and China and global sea connectivity through Yangon port. Road Freight contributes the highest share towards overall freight volume and revenues. Sea freight is the second largest contributor since Yangon Port is a major trans-shipment hub for Southeast Asia. Naturally, Industrial Sector is the major end user for freight forwarding services. Around 60% of value of imports in Myanmar is from capital goods such as building material, machinery, transport equipment and intermediate goods such as raw material, fuel, tools and spares.
By Warehousing
The Myanmar Warehousing industry is at nascent growth stage. Modern warehouses have just started developing and only a few are operational such as Daizen’s bonded warehouse and warehousing facility in Thilawa SEZ. International companies such as DHL and Damco have identified the gap in Myanmar’s warehousing services and are constantly focusing their activities towards developing warehousing services. Myanmar is a leading producer of food products and garments, both of which require storage solutions.
By Courier, Express and Parcel Logistics Market
Strict monopoly of Myanmar Post until 2013 hindered the growth of CEP market in Myanmar. The country ranked 126th out of 170 countries in the 2016 Integrated Index for Postal Development by the Universal Postal Union (UPU). UPU is now supporting Myanmar Post to aid its development and digitalization process. The Ministry of Transport and Communication and Japan’s Ministry of Internal Affairs and Communications have signed a memorandum of cooperation in the postal sector for the modernization and improvement of Myanmar’s postal services.
By Third Party Logistics Market
Due to infrastructural and regulatory hassles, logistics companies in Myanmar outsource certain operations while controlling core operations. For Example: CP Logistics outsources its fleet requirement in order to provide complete supply chain management. The market is dominated by numerous small and medium players for whom outsourcing is a primary strategy to sustain. The 3PL market is also being driven by innovations such as trucking aggregator models and the market is expected to incline more towards consolidation for mutual benefits.
By E Commerce Logistics Market
The recent and gradual liberalization of delivery services through partnership with third party logistics provides–after decades of strict monopoly by Myanmar Post for mail and small parcels–have enabled the development of a small e-commerce logistics market, primarily in urban regions of Yangon and Mandalay. Cross border e-commerce is still in the nascent growth stage, mainly due to custom clearance procedures in Myanmar which take 5-7 days as against the ideal standard of 1-2 days.
Competitive Landscape
There are around 4,000 logistics companies in Myanmar including 830+ trucking companies and 880+ domestic freight forwarders. Majority of the transporters are found in Yangon, Mandalay, Sittwe, Lashio, Muse and Myawaddy towns. The logistics market is still undeveloped and medium-sized transporters are operating mostly on the primary corridors. The market nature is highly fragmented. Since the cargo insurance system is weak in Myanmar, a lot of traders transport cargo with their owned trucks; therefore it is difficult for companies to specialize in a mode of transport. A number of mergers and acquisitions might happen in the future when private companies realize the symbiotic benefit of collaborating. Warehousing companies are placing rising emphasis on developing cold storage facilities and obtaining permits for building container freight stations and bonded warehouses.
Future Outlook and Projections
Myanmar Logistics and Warehousing Market is expected to register a double digit growth during 2018-2023. The reasons for the growth include heavy investment in logistics development by Myanmar government and international companies, expected increase in cargo throughput, development of SEZs and multimodal transport projects. The labour force in Myanmar is expected to reach 10 million by 2030, causing a lot of companies from Thailand and Japan to set up base in the country. Myanmar will benefit from new transport corridors through Myanmar to India, Thailand and Malaysia, as a part of China’s One Belt One Road initiative. Freight volume is projected to almost double by 2023, a major reason for high growth projections.
Key Segments Covered:-
Freight Forwarding Market
Revenue by Mode of Freight Transport
Road Freight (Domestic and International Volume, FTK and Revenue; Number of Registered Vehicles)
Ocean Freight (Domestic and International Volume, FTK and Revenue; Volume by Commodity, Sea Port Statistics)
Air Freight (Domestic and International Volume, FTK and Revenue)
Rail Freight (Domestic and International Volume, FTK and Revenue; Volume by Commodity and Region)
Freight Revenue by Intercity Road Freight Corridors
Yangon-Mandalay
Yangon-Muse
Yangon-Myawaddy
Others
Revenue By International Road Freight Corridors
Mandalay-Muse-Kumning
Yangon-Myawaddy-Mae Sot
Mandalay-Tamu-Manipur
Revenue by 3PL and Integrated Logistics
3PL Revenue
Integrated Logistics
Revenue by End User
Industrial and Construction (Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc)
FMCG (Electronics, Household Goods, Toiletries etc)
F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc)
Retail (Garments, Cosmetics, Shoes, Bags etc)
Others (Automotive, Telecom, Technological, Pharmaceuticals and Others)
Warehousing Market
Revenue by Operation Model
Industrial/Retail
ICD/CFS
Cold Storage
Revenue by Type of Warehouse
General Warehouse
Open Yard
Chillers/Freezers
Ambient Warehouse
Bonded Warehouse
Revenue by Contract and Integrated Logistics
3PL
Integrated Logistics
Revenue by End User
Industrial and Construction (Oil and Gas, Cement, Steel, Bricks, Tiles, Glass Products etc)
FMCG (Electronics, Household Goods, Toiletries etc)
F&B (Meat, Poultry, Seafood, Fruits, Vegetables, Packaged Drinks etc)
Retail (Garments, Cosmetics, Shoes, Bags etc)
Others (Automotive, Telecom, Technological, Pharmaceuticals and Others)
Warehousing Space By Region
Yangon
Mandalay
Others States and Regions
Courier, Express and Parcel Logistics Market
Revenue by Segment
Mails and Documents
E-Commerce Parcels
Express Cargo
Express Cold Chain
Number of Shipments by Domestic and International
Domestic (Mails and Documents and E-Commerce Parcels)
International (Mails and Documents and E-Commerce Parcels)
Number of Shipments by Air and Ground Express
Air Express (Mails and Documents and E-Commerce Parcels)
Ground Express (Mails and Documents and E-Commerce Parcels)
3PL Logistics Market
Revenue by Segment
Freight Forwarding
Warehousing
Value Added Services
Third Party Freight Forwarding Revenue by Phase of Delivery
Hub-Hub
Hub-Spoke
Spoke-Door
Third Party Freight Forwarding Revenue by Domestic and International
Domestic
International (Inbound and Outbound)
International Third Party Freight Forwarding Revenue by Cargo Category
Raw Materials (Building material, machinery, cement, steel, glass, textiles and others)
Spare Parts (Electronic tools, transport equipment spares and other spares)
Finished Goods (Garments, Electronics, Shoes, Bags and others)
Snapshot on E-Commerce Logistics Market in Myanmar
Snapshot on Last Mile Delivery Services in Myanmar
Companies Covered:-
DB Schenker
DHL
Yusen Logistics
Bollore Logistics
Rhenus Logistics
Kerry Logistics
Kuehne Nagel
OV Logistics
Maersk
Mediterranean Shipping Company
Kargo
Kospa Logistics
Damco
Ryobi Myanmar Distribution
CEA Project Logistics
Daizen
EMS
DHL Express
MGL Express
UCL Express
Royal Express
SBS Express
Myanmar Zarla Distribution
RG Express
Marathon Express
Key Target Audience:-
Freight Forwarding Companies
E Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Key Topics Covered in the Report:-
Myanmar Logistics and Warehousing Market Introduction
Logistics Infrastructure
Value Chain in Myanmar Logistic Market
Myanmar Logistics and Warehousing Market Size
Myanmar Logistics and Warehousing Market Segmentation
Myanmar Logistics and Warehousing Market Future Outlook
Myanmar Logistics and Warehousing Market Future Segmentation
Myanmar Freight Forwarding Market Size
Myanmar Freight Forwarding Market Segmentation
Myanmar Freight Forwarding Market Future Outlook
Myanmar Freight Forwarding Market Future Segmentation
Myanmar Warehousing Market Size
Myanmar Warehousing Market Segmentation
Myanmar Warehousing Market Future Outlook
Myanmar Warehousing Market Future Segmentation
Myanmar CEP Logistics Market Size
Myanmar CEP Logistics Market Segmentation
Myanmar CEP Logistics Market Future Outlook
Myanmar CEP Logistics Market Future Segmentation
Snapshot on Myanmar E-Commerce Logistics Market
Snapshot on Myanmar Last Mile Delivery Services Market
Myanmar 3PL Market Size
Myanmar 3PL Market Segmentation
Myanmar 3PL Market Future Outlook
Myanmar 3PL Market Future Segmentation
Regulatory Environment
Trends and Developments
Issues and Challenges
Analyst Recommendation
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