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

New Delhi: The Indian logistics market, valued at ₹9 trillion in FY23, is expected to experience substantial growth, reaching ₹13.4 trillion by FY28. This growth represents a compounded annual growth rate (CAGR) of 8-9%, as reported by Motilal Oswal.
This growth is being fuelled by structural shifts, technological advancements, and government initiatives aimed at reducing logistics costs and improving infrastructure.
The National Logistics Policy, launched in September 2022, aims to enhance India’s logistics framework.
It focuses on boosting the railways’ contribution to freight transport, which currently stands at 18%, by developing dedicated freight corridors (DFCs), upgrading road infrastructure, and expanding inland waterways.
Source: The Economic Times
Join The Community

Recent News
-
EICI-KPMG: India Express Logistics Industry to Touch $18–22 Billion by FY30
-
Amitabh Kant Urges India to Make Clean Air the Nation No. 1 Mission at Transport Summit
-
JNPA Signs Landmark MoU as India Explores Hyperloop for High-Speed Cargo
-
New US Tariffs Trigger Global Trade Turmoil
-
India-UK FTA Poised to Reshape Air Cargo and Trade Dynamics
1 Comment