Bengaluru, Sept. 16 -- Global brokerage firm JPMorgan has initiated coverage on India's logistics sector, expressing a clear preference for the rapidly expanding business-to-consumer (B2C) and business-to-business (B2B) express logistics segments, along with opportunities in oil and gas logistics.

In its latest report, the brokerage underscored the robust growth potential of India's e-commerce logistics market, which is expected to expand at a CAGR of 16 percent through FY30. This growth is being fueled by rising customer adoption in Tier II and Tier III cities and improved efficiencies driven by technology. At the same time, labour shortages are accelerating investments in automation and infrastructure, enhancing sector-wide competitive...