India's Logistics Champions: Strategic Players Driving Transformation

Due to advancements in technology, structural changes, comprehensive government policies, and the capability of new market leaders to connect on a large scale, India's logistics sector is expected to transform by 2025, writes Takayuki Kano, CEO, NLDSL.

- Takayuki Kano, CEO, NLDSL.

This report aims to provide up-to-date, reliable, and data-supported insights into the key stakeholders in the continuously evolving Indian logistics sector, all of which are documented and verified.

INDUSTRY LANDSCAPE AND MARKET STATISTICS

In 2024, India's logistics market was valued at USD 427.73 billion and is expected to expand at a Compound Annual Growth Rate (CAGR) of 6.58 per cent, reaching approximately USD 802.91 billion by 2034. This sector accounts for 14.4 per cent of India’s GDP, making it a significant component of the Indian economy. The logistics industry employs over 22 million workers and has a major impact across various sectors, including manufacturing, retail, e-commerce, and automotive. The Market Size for 2024 alone is valued at an estimated USD 427.73 billion.

POLICIES AND INFRASTRUCTURE DEVELOPMENT

The PM Gati Shakti National Master Plan aims to integrate and streamline the development of roads, railways, ports, and multimodal hubs. Additionally, the Gati Shakti initiatives coordinate with the Make in India, Sagarmala, and Bharat Mala projects, focusing on the development of logistics zones and multimodal hubs. This plan synchronises the efforts of 16 different ministries to facilitate faster and more efficient mega infrastructure development and logistics processing.

ADVANCEMENTS IN DIGITAL TIMES