A report highlights India’s booming logistics market, driven by technology, policy reforms, and growing supply chain demands.
India’s logistics industry is undergoing a transformative phase, with projections estimating its market value to reach ₹47.12 lakh crore by 2030. The growth is attributed to government initiatives like the National Logistics Policy, PM Gati Shakti, and Sagarmala, which aim to enhance infrastructure and streamline operations.
The report, co-authored by experts including Ashish Chouhan and Manoj K. Tiwari, identifies talent shortages as a significant challenge. Only 51 percent of the workforce is considered employable, underscoring a critical need for vocational training and curriculum updates.
Technology is a game-changer for the sector, with digitisation at 43 percent and advancements in IoT, blockchain, and drones revolutionising operations. Sustainability also takes center stage, with a focus on decarbonization and adopting energy-efficient solutions.
Experts emphasise stronger industry-academia collaboration to address workforce gaps and leverage India’s potential to lead in global logistics.
