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Mission 3000 still on track: Minister Ashwini Vaishnaw on freight growth

February 07, 2025 1 min read
author Anamika Mishra [Sub Editor]

Amid criticism from the sector on the slow pace of freight loading of the Indian Railways, Union Railways Minister Ashwini Vaishnaw said the ministry’s flagship cargo vision — Mission 3000 — is still on track and there will be major increases in freight volumes, going forward.

Under the mission, the government wants to achieve 3,000 million tonnes (mt) of cargo on railways by 2030.

“Mission 3000 is still very much in sight. There are projects, which when completed, bring a quantum jump in cargo. For example, when the Sonnagar-Andal quadrupling project is completed, there will be a quantum jump in loading. Similar would be the case with several other projects. This was a sector which was neglected in the past. Now, we are investing Rs 2.5 trillion every year,” Vaishnaw said at a conference in New Delhi.




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Event Logistics Market Expected to Reach $125.5 Billion by 2034: Key Trends and Growth Drivers

February 04, 2025 2 min read
author Anamika Mishra [Sub Editor]
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The global event logistics market is projected to experience significant growth, expanding from its current value of over USD 72.3 billion to more than USD 125.5 billion by 2034, according to a recent report by Global Market Insights, Inc. This rapid growth is attributed to the increasing number of local and international events as global economies continue to thrive. Demand for logistics services is rising across a wide variety

of events, including trade shows, corporate conferences, exhibitions, sports tournaments, music festivals, and more.

The event logistics market is segmented by service type, which includes transportation, warehousing and storage, inventory management, logistics planning, and coordination. In 2024, transportation is expected to hold a 35% market share, with projections estimating it will reach USD 35 billion by 2034. The growing scale and complexity of major events are driving this expansion. Large-scale gatherings, such as sports tournaments and music festivals, require advanced transportation solutions to manage the movement of equipment, staging, and materials. Sophisticated logistics, including real-time tracking and route optimization, are critical to ensuring the timely delivery of items like sound systems, lighting, and temporary infrastructure.

In terms of market application, the event logistics sector is divided into corporate events, sports events, entertainment events, public events, and private events. Among these, entertainment events, including concerts and music festivals, dominated the market with a 38% market share in 2024. The rising popularity of these events, particularly among younger audiences, has driven demand for event logistics solutions. These events often require complex setups, such as the transportation of lighting rigs, sound systems, staging, and temporary facilities, which must be managed with precision.

North America leads the global event logistics market, accounting for a 35% market share in 2024, with the U.S. being the largest contributor. The region sees strong demand for logistics solutions for corporate events, trade shows, and exhibitions. As the number of international exhibitors and attendees continues to rise at major events, the need for reliable logistics services to transport materials and set up venues has grown significantly. The event logistics industry is expected to continue expanding, with increasing demand for innovative and efficient solutions.

The future of the event logistics market looks promising, driven by the growing demand for transportation, warehousing, inventory management, and other logistics services tailored for a variety of events across the globe.


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