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The study focuses primarily on the third party logistics markets in the Indian retail sector. The 3PL market is in a nascent stage and is expected to grow at a high rate. The market conditions are changing due to the evolving needs of globalization. The growth of the market is fuelled by many conditions such as the retail boom in India, government initiatives and need for organised logistics. It is essential to understand that various challenges faced by the country in order to fully tap into the largely unexplored logistics markets in the retail sector. The revenue forecasts, the competitive scenario and the recommendations for the 3PL market have been presented.
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