Business
September 11, 2023
3 min

Maersk's Strategic Entry Into India's Rapidly Growing E-Commerce ... - Inventiva

Global trade in goods increased by 1.9% in Q1 2023, adding around $100 billion, according to the UNCTAD. However, factors such as inflation, financial vulnerabilities, the war in Ukraine, and geopolitical tensions are expected to slow down global trade in Q2 2023. Amidst these uncertainties, Maersk is focusing on last-mile delivery and entering the e-commerce logistics market in India, which is expected to reach $123 billion by 2030. The "One Country, One Price" solution offered by Maersk aims to simplify supply chains for small and medium-sized brands in India. The Indian e-commerce logistics market is projected to exceed 10 billion parcels by FY2028 and contribute significantly to India's GDP. Delhivery is currently the dominant player in the Indian e-commerce logistics segment. Despite challenges, the e-commerce logistics market remains a promising long-term investment with a projected CAGR of 20%.

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Written by
Adhikansh Gupta
Content Manager

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