What is the market size for logistics industry in India?

What is the market size for logistics industry in India?

In financial year 2021, the size of the Indian logistics market was around 250 billion U.S. dollar. It was estimated that this market would grow to 380 billion dollars in 2025, at a compound annual growth rate between 10 to 12 percent.

What is intra city logistics?

Intra-city logistics is not just about delivering parcels in 30 minutes. It is about solving the business challenges that companies face and building capabilities to seamlessly execute any sort of goods movement irrespective of their scale and size.

Which is the No 1 logistics company in India?

1. Blue Dart Logistics Services

How big is the logistic industry?

$8 trillion to $12 trillion annually

What percentage of GDP is logistics in India?

India's logistics cost as a percentage of GDP is around 13-14 %. obsolete warehousing technologies.

What is the future of logistics in India?

The Indian economy has become the prime destination for logistics service providers all over the world, the main reason being the remarkable growth of the Indian economy. The sector is expected to employ almost 40 million people in India, making it the largest job creating sector in the country.23-Aug-2022

Who is the biggest transporter in India?

VRL Logistics Ltd Currently the largest fleet owner of commercial vehicles in India with a fleet of 4835 Vehicles (Including 362 Passenger Transport Vehicles & 4473 Goods Transport Vehicles amongst others). Market Cap: 2,380 Cr.18-Apr-2022

Is logistics business profitable in India?

Is logistics business profitable in India? A full-fledged logistics company is a lucrative business. The business is all about taking the orders and supplying the goods at your client's location. You may not need to have several vehicles to start this business.

Which are the giant firm in India of logistics?

Transport Corporation of India Ltd The company has 1400+ offices all across India. The whole corporation is composed of eight divisions, namely: TCI Freight, TCI Express, TCI Supply Chain Solution, TCI Global, TCI Seaways, and TCI Foundation. The company is an integrated supply chain and logistics solution provider.29-Jul-2021

What is logistics sector in India?

Logistics is an all-time essential sector from ensuring essential supplies to commencement of international trade.

Is logistics a fast growing industry?

The global logistics market is expected to grow at a 6.8%1 CAGR during 2022-2030, particularly due to surge in e-commerce logistics, containers shortages, closure of major ports causing port congestion, shortage of truck drivers, andrestricted capacity in the air freight market.08-Apr-2022

What is the future of logistics industry?

This new era of logistics is based essentially on digitization, or more precisely on the automation of business and logistics processes, and the networking of devices and companies with one another. The objective of Logistics 4.0 is to simplify processes, increase efficiency, and stabilize global supply chains.02-Feb-2022

How much logistics cost in India?

The logistics sector makes up 14.4% of the country's Gross Domestic Product (GDP), but it costs 14% of the GDP.10-Jul-2022

How many logistics companies are there in India?

Get the latest information about 41 companies present in Logistics sector.

Why are logistic costs so high in India?

The Railway minister highlighted that India's share of railways in overall transport of goods has been falling since 1950 which is the prime cause that the cost of logistics is so high in the country.28-Jul-2022

What are the new trends in logistics?

6 Major Logistics Trends Shaping Logistics Management in 2022

What are the scope of logistics industry?

The scope of logistics management involves order processing, inventory, transportation, materials handling and packaging. It encompasses business logistics, distribution, materials management, quick response system, supply management.

Which is the biggest logistics company in the world?


How many transporters are there in India?

Here you can find the List of Transport Companies in India. There are totally 29 Transportation Companies in India which are listed in NSE Or BSE. The Indian transportation industry is continually growing at a CAGR of 15 percent.06-Sept-2021

Who is the best transport company in India?

Best Road Transportation Companies In India

Which company is best for logistics?

Get to know the 20 top logistics companies in the world

What is the market size for logistics industry in India?