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Express logistics may rise to US$ 22 bn by FY30
Cargo Talk
|September 2025
EICI's recent report projects the market will double by 2029-30. By FY25, the industry is likely to function as an enabler for e-commerce, MSMEs and cross-border trade. It identifies five priority areas for unlocking future growth - agility, adaptability, efficiency, customer-centricity and a policy and regulatory framework.
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The Express Industry Council of India (EICI) unveiled its flagship report titled Express Industry in India 2025: Powering India's Economy, Connecting Businesses and Markets, commissioned by EICI with KPMG in India as its knowledge partner. Nitin Gadkari, Union Minister for Road Transport and Highways, launched the EICI report along with industry leaders and other stakeholders in New Delhi.
The study highlights the sector's expansion from US$ 3 billion in FY17 to US$ 9 billion in FY25, recording a CAGR of between 12 and 15 per cent. It projects that the market will double to anything between US$ 18-22 billion by FY30. By FY25, the industry may support close to 3 million jobs, contribute to GST revenues of US$ 1-1.5 billion and customs revenues of US$ 650 million, besides being an enabler for e-commerce, MSMEs and cross-border trade.
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