Substantial Strength to Fight over Recession in India

The Global financial crisis as we all know it, has affected every country adversely in various degrees. As far as India is concerned, the recession seems to be in its initial stage, and yet there has been considerable damage in employment so far.

The effect recession has had so far on our industry till date, is a volume drop of about 30 to 35% on the whole. Imports are more affected.

The main businesses that have reduced are from the Automobile and Garments Industries. IT industries have also been suffering a lot and have retrenched a huge percentage of staff members. Certainly, a substantial drop in one major industry, leads to decreases in many other, a chain reaction in order to cut costs.

In India , 75% to 80% of the employments are in the service industry, which means, more middle men, hence more dependence on one another (a linking chain).

Globelink WW, have gathered substantial strength over the years, which would for sure suffice to fight the global recession which is expected to last for the next 2 years. Globelink WW, have always believed in coming up with constant innovations and GLWW has made it a point to step into, get trained, and expand its operations and be an expert in each service activity rendered to its customers.

The main business strategies at the moment considering a highly volatile market are to get into contracts with lines for each sector, trying to widen customer base by analyzing and evaluating the market on a much more regular basis, due to its instability.

GLWW has been very keen on developing the Nepal sector for logistics business, and has just been successful in beginning the same, this year (January 2009). They are pleased to inform the good news that GLWW have commenced their LCL operations in and out of Nepal , from January 2009. They would be commencing their freight forwarding activities soon, as well they have Kolkata Office as the focal point for any sort of communication with reference to shipments to and from Nepal Cargo movement, and it will be via Kolkata initially, where ultimately they aim at direct consols out of Nepal , which is expected to happen soon.

Should you have enquiries pertaining to Nepal , kindly get in touch with Kolkata office.