The Indian logistics industry has been witnessing accelerated growth over the past few years led by policy reforms, digital transformation and creation of support infrastructure. The sector is going through a paradigm shift and seeing several positive developments. The government has launched key initiatives including Gati Shakti Master Plan and 100 critical transport infrastructure projects for first and last-mile connectivity, to reduce the country’s logistics cost and ramping up infrastructure.
The logistics market, pegged at ~$250 billion, is expected to grow at a CAGR of 10-12%. The shift to organised from the unorganised sector (~90% currently) would be an additional propeller. The demand for value added services such as 3PL and express is on the rise. Nearly one-third of India’s logistics costs is transport and storage related inefficiencies. The government targets to bring down the logistics cost from around 13% of the GDP to 8% in the times to come.
Big-ticket projects such as dedicated freight corridors, cargo terminals, industrial corridors, port connectivity and port modernisation projects under Sagarmala programme, and greenfield expressways under Bharatmala Pariyojana will contribute significantly to country’s logistics sector growth. The industry is expected to cross $450 billion by 2030, presenting a host of opportunities for logistics service providers, warehouse developers, technology providers, material and equipment suppliers, etc.
Going forward, China+1 strategy and production-linked incentives will pave way for greater manufacturing activity in the country, stimulating demand for warehouses. Multi-storey warehousing and multi-purpose cold storage facilities will emerge as the future of warehousing.
Source a complete range of solutions at the Cargo Terminal Expo.
I enjoyed speaking in the conference. It was well organized. The Hyderabad Hitex center is well equipped with all the is needed to make a successful event. I also enjoyed listening to the presentation and panels, being first time to India, it helped me to understand the pharma supply chain market and its challenges
I would like to take this opportunity to congratulate you and your organization for the recently concluded Global Supply Chain Summit, and the Global Logistics Excellence awards held at Hyderabad, which were very well organized. It was a great experience at the conference, and I found all the addresses by various speakers to be informative an relevant
The event was well hosted, good profile for speakers and participants, (whatever time I could attend) the deliberations were of high quality. Compliments to you and the team for a wonderful event.
I am thankful to you and entire Team Infinity and congratulate to all of you who really orchestrated a wonderful seminar. Glad that able to connect with industry leaders and exchanged our views in such forum. Will happy to be part of such events in future too.
Thanks Rahul. I did enjoy the show very much and was quite impressed by the turnout and the interest level. Great Job!! I am already looking forward to the expo next year.
It was great to be a part of this event. The event was impressive and gave a great platform for industry leaders to Connect / network. Let us keep in touch.
The show together with the award night was an excellent crowd puller! It was well organized and the platform did encourage many interesting discussions.
