Indian logistics market to expand to Rs 13.4 trillion by FY28: Report

According to a recent report, India's logistics market is projected to expand to ?13.4 trillion by FY28, driven by increased demand for efficient supply chain solutions. This growth is attributed to the booming e-commerce sector, rising industrial activity, and government initiatives aimed at improving infrastructure. The report indicates that advancements in technology and logistics management are key to enhancing operational efficiency and reducing costs. As the logistics landscape evolves, companies are expected to adopt innovative solutions to meet the growing demand for timely and reliable services.