Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Advancements in Digital Technologies, Changing Consumer Preferences Due to eCommerce, Government Reforms, and Shift in Service Sourcing Strategies are Expected to Lead the Transformation of the Indian Logistics Ecosystem
save 15 %
* Required Fields
Pay by invoice
Advancements in digital technologies, changing consumer preferences due to eCommerce, government reforms, and shift in service sourcing strategies are expected to lead the transformation of the Indian logistics ecosystem. Digitalization will improve the efficiency and performance in freight management and port operations. Warehouse automation will help achieve operational efficiencies to counter supply-chain cost pressures in the industry. Increased investment in infrastructure, last-mile connectivity, and emerging technologies are streamlining the logistics landscape in India. India’s GDP is expected to reach 3.02 trillion in 2020, representing about 4% of the global GDP. Strong growth supported by government reforms, transportation sector development plans, growing retail sales, and the eCommerce sector are likely to be the key drivers of the logistics industry in India. Online freight platforms and aggregators are on the rise in the Indian logistics market, given the need for low entry barriers and less capital investment compared to setting up of an asset-based business model. Manufacturing in India holds the potential to contribute up to 25%–30% of the GDP by 2025 which will drive the growth of the warehousing segment in India.The logistics market in India is forecasted to grow at a CAGR of 10.5% between 2019 and 2025. It has been awarded infrastructure status which has made it easier for investment inflows and has become a major growth driver of the logistics industry. eCommerce is another major segment which is expected to support growth of the logistics industry during the forecast period. Increasing investments and trade point toward a healthy outlook for the Indian freight sector. Port capacity is expected to grow at a CAGR of 5% to 6% by 2022, thereby, adding a capacity of 275 to 325 MT. Indian Railways aims to increase its freight traffic from 1.1 billion tons in 2017 to 3.3 billion tons in 2030. Freight traffic on airports in India has the potential to reach 17 million tones by FY40. Lack of supporting infrastructure, automated material handling systems, and high manual process interference are some key areas where the Indian air cargo industry lags its global peers.Grant of infrastructure status to logistics, introduction of E-Way bill, and GST implementation are set to streamline the logistics sector in India. Setting up of a logistics division under Department of Commerce, technology upgrades, and development of dedicated freight corridors and logistics parks are also major moves to upgrade the logistics landscape.Logistics start-ups in India gained a substantial foothold after the onset of eCommerce, and there are several new companies that are gaining traction in the industry. Online platforms have increased competition and lowered freight costs with real-time data availability and a transparent value chain. It is imperative for logistics service providers to innovate and adapt to the transforming logistics landscape.
This study analyses the Indian logistics market and provides a 2020 outlook in terms of various modes and segments of logistics: air freight, ocean freight, road freight, cold chain transportation, eCommerce, and warehousing. It also provides a global logistics market snapshot, India’s economic trends and forecast for 2020, economic sectors and share of logistics services in India, logistics market size and forecast till 2025, freight traffic, including road, rail, and air traffic. It covers government policies focused on logistics development, emerging business models, opportunities with digital technologies, key trends affecting the industry that include latest government regulations, key start-ups, major challenges, and disruptive innovations in the industry. It summarizes growth opportunities and strategic imperatives for success and growth in the market.
Author: Urvashi Mishra
The North American Logistics and Transportation Growth Opportunities
GCC Logistics Outlook, 2021
IoT-powered Digital Ecosystem Transforming the Global Logistics Industry
Growth Opportunities of SaaS E-commerce Technologies in Logistics
Frost Radar™: Japanese Fleet Management System Market, 2020
Digitalization, Infrastructure, and Connectivity Set to Transform the GCC Logistics Industry, 2020
Frost Radar™: Malaysian Last-Mile Logistics Market, 2020
Robotic Equipment in the Global Agtech Market, 2019 to 2026
Post-Pandemic Growth Opportunity Analysis of the Indian Logistics Industry
Transformation Trends in Dubai’s Logistics Industry, Forecast to 2023
health supplement market
electric vehicle market analysis
wearable electronics market
heavy truck market
solar energy market
functional food market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.