Sustainable supply chains From emissions to efficiency in India

India's logistics sector is rapidly adopting sustainability measures to cut emissions and enhance efficiency, aligning with the country's pledge to reduce emissions intensity by 45% by 2030.

- Parijat Sourabh

India's logistics sector stands at a pivotal moment as sustainability transforms from a buzzword into a business imperative. According to data by Blueweave consulting, the India Supply Chain Management (SCM) market was valued at $3.42 billion in 2023 and is expected to grow at a CAGR of 11.1% during the forecast period from 2024 to 2030, reaching an estimated $6.43 billion by the end of 2030. Stakeholders across the spectrum are recognising that environmental responsibility and operational efficiency are not competing priorities but complementary goals.

The green imperative The transportation and logistics sector accounts for approximately 14% of India's total CO2 emissions, according to recent environmental assessments, as per the data by the United Nations Development Programme, India has pledged to reduce the emissions intensity of its GDP by 45% by 2030. This commitment has brought sustainable supply chain practices to the forefront of industry transformation.

The transition towards sustainable logistics is driven by a complex interplay of environmental necessities and economic opportunities. International trade partners are increasingly demanding green certifications, while domestic consumers show a growing preference for environmentally responsible companies. This shift has compelled logistics companies to reimagine their operational strategies, focusing on reducing carbon footprints through innovative technological interventions.