Growth and Evolution of Logistics Companies in India
India's logistics sector has witnessed rapid transformation in recent years, positioning itself as a key driver for the country’s economic growth. With increasing globalization, the rise of e-commerce, and a push for infrastructure development, logistics companies in India are playing a pivotal role in bridging supply chain gaps across industries. From traditional transport services to modern tech-driven supply chain solutions, logistics in India has evolved significantly, embracing innovation and sustainability. The Expanding Logistics Landscape India’s logistics industry, valued at over $200 billion, is expected to grow at a compound annual growth rate (CAGR) of 10-12% over the next few years. This growth is driven by the demand for better connectivity between urban and rural markets, a booming e-commerce sector, and government initiatives such as "Make in India" and the "National Logistics Policy (NLP)." Major Players in the Market The logisti...