The Indian warehousing industry has seen remarkable growth since 2020, reaching a market value of INR 676 billion and is expected to grow at a CAGR of 9.1% between 2021 and 2026. Warehousing plays a crucial role in the logistics value chain, ensuring proper storage, sorting, and dissemination of goods.
Electric trucks are transforming urban logistics by offering a sustainable, cost-effective alternative to diesel-powered trucks. Powered by rechargeable batteries, they produce zero emissions, have fewer mechanical components, and lower maintenance costs. While the initial cost is higher due to batteries, electric trucks offer long-term savings through reduced fuel and maintenance expenses. Governments also provide incentives…