What is the future of Logistics industry in India?

The logistics industry in India is evolving rapidly and it has been the backbone of the economy. All the commercial sectors depend on logistics requiring efficient, cost effective flow of goods. The logistics & warehousing industry continued to grow with the emerging of e-commerce and growth in retail, manufacturing sectors. read more

Future of Logistics in India Infrastructure is integral to the economic development of any country. The Indian logistics industry is undergoing development – owing to technology, investment and expansion – that is helping to improve efficiency as well as reduce costs. read more

The logistics industry in India is likely to grow at a rate of 9-10%. the trend towards outsourcing of non-core activities like logistics, warehousing and associated activities to integrated players is likely to drive the share of the organised segment. read more

According to ‘Logistics Market in India 2015-2020’ by market researcher Novonous, India’s logistics industry is worth $300 billion. And also Indian logistics market itself is estimated to grow at a CAGR of 12.17 per cent by 2020, as per the report. read more