Business
September 11, 2023
3 min

Logistics Industry Growth Rate (CAGR) of 8.8% in India 2023-2028 - Benzinga

IMARC Group's latest report on the India logistics market reveals that it is expected to grow at a CAGR of 8.8% during 2023-2028. Factors driving this growth include the National Logistics Policy aimed at reducing costs and improving competitiveness, the use of advanced technologies, and the rise of e-commerce. The market is also benefiting from the adoption of driverless vehicles, internet penetration, and the development of logistics parks and terminals. The report provides further segmentation and profiles of key players in the industry.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry