International Courier Business in the Post-COVID era

It may seem all doom and gloom today, with the Coronavirus ravaging countries and homes alike. But one thing we need to firmly believe in is the ability of humankind to adapt and survive. Although, the world is less likely to be the same by the time we have got over the present crisis, the fundamentals remain same. What will the international courier business look like in the coming years once we have recovered from the impact coronavirus has had on the industry?

With manufacturing likely to get decentralised and going back to pre 80-90s era again, world’s dependence on China will reduce. This will pave way for more supply chains which not only minimize impacts like the coronavirus, but also cause the least disruption in scenarios when something like these repeats on a regional scale. This will mean two things – one, the supply chain will be more distributed across continents, and two, the ability to switchover will build redundancies into the system. The international courier business can greatly benefit from both these scenarios, where India can become a large part of both inbound and outbound supply chains in the world consumption pyramid. Its proximity to South-East Asia (manufacturing hub) and Africa (some part of natural resources hubs) will mean India becomes a key transit point for some products. Identifying and taking the first mover advantage can help create value for the Indian industry.