E-Commerce drives growth of India’s logistics industry
The logistics sector in India is expected to grow approximately 16% annually. Estimated at USD1.35 billion in 2018, e-commerce logistics is fuelled by the rapid advancement of India’s digital economy and has become an aggressive driver of logistics industry growth.
For example, India’s total e-commerce warehousing market share grew from 15% to 24% from 2017 to 2018 alone.
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