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In the year 2022, the size of the Indian logistics market was around 274 billion U.S. dollar. It was estimated that this market would grow to 563 billion dollars in 2030, at a compound annual growth rate 9.4 percent. India has a higher logistics cost as a percentage of GDP at 14 percent, compared to the BRICS average of 11 percent.
With money and technological capital, human and intellectual capital is needed to achieve the 2030.
Logistics Sector employs about 22 million as of 2016. Of 22 million 42.14 % are employed in passenger roadways segment, 38% in road fright while remaining are in passenger railways, freight forwarding, warehousing, packaging, and other services.
If you’re looking for an executive search agency with genuine expertise, talk to the team at Manfra today.

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Logistics And Supply Chain