Logistics Sector

  • Logistics Sector Industry employs over 45 million people and is growing at the rate of 15%. India spends around 14.4% of its GDP on logistics and transportation. The sector is expected to grow at a CAGR of 15-20 percent between FY2016-2020.
  • Despite being recognised as critical driver of economic development, logistics cost in India is very high i.e. 13 -14% of GDPascomparedtoUSA9-10%,Europe10%, Japan ....
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