What makes India a lucrative market for a logistics player?
New Delhi, Dec. 5 -- In the last few years, India has emerged as one of the fastest-growing large economy of the world. It has now become one of the top global destinations for Foreign Direct Investment. In consequence of globalization and digitalization, the logistics sector is expected to grow at a CAGR of 12.17% by 2020.
Increased economic activity as well as changing consumer expectations will drive more businesses towards using express delivery services. With the rise of e-com in the last decade, customers today want goods delivered as fast as possible. Companies, on the other hand, will require managing their supply chain and product distribution to be more time-specific & efficient.
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