Supply chain and Logistics have thrown entrepreneurial opportunities in our country. Comment focusing on scope with instances and examples.

Supply Chain Management is not a new phenomenon in any business operation. However, it has gained tremendous momentum in India due to various reasons like improvement in Infrastructure, variations in business operations, enhanced business opportunities in different Industrial segments, warehousing as an entrepreneurial venture, emergence of variations in logistical support, spur in seasonal demand of specific utilities, saturation of cities and foray into village areas, growth in rural markets, easy availability of technology at the input, process and output levels concerning raw materials and finished products. Several entrepreneurial ventures can be seen related to supply chain like warehousing (public, private, bonded, cooperative), container freight logistics (Inbound-Outbound; Regional-National Global), packaging, labeling, inventory management (including containerization), information systems, transport management (including multimodal and IT based fleet management systems) involving facilities, equipments and people etc. Scope also exists in third and fourth party logistics, cold logistics is yet another entrepreneurial venture area. Even Information Technology is providing opportuinities in the form of developing MIS, WMS with GPS and RFID. Some of the examples include introducing contactless, cashless, paperless and faceless customs clearance system, revamping port infrastructure, dedicated freight corridors, high speed express ways, privatization of cargo trains, new and modernized air cargo infrastructure in the country that is aiding, assisting in faster logistics and supply chain operations.