Driving Logistics Revolution
By admin September 10, 2012 11:36 am IST
Indian Logistics market in last decade has seen emergence of technology driven and custom-made warehousing & logistics solutions. The advancements in the sector has resulted in growth of the economy whereas warehousing, logistics and supply chain sectors are slated to further witness a surge in growth in the years to come.
Indian Logistics Industry is presently estimated at US$ 90 billion. It is forecasted to grow at a Compound Annual Growth Rate (CAGR) of approximately 8 per cent over next 5 years and a double digit growth in the next 10 years. The demand for high-tech, ultra-modern warehousing facilities and end-to-end logistics solutions has been on a rise. With soaring investments and shifting focus towards specialised services, the industry is definitely witnessing a lucrative time.
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