India is one of the fastest-growing economies in the world has a great potential for growth in every sector. The logistics sector is the backbone of development and a strong and growing logistic sector indicates the healthy trend of a growing economy. The impetus provided by the Government of India is expected to boost economic growth and a special focus on infrastructure will further help Logistics Industry to grow. As per the Economic Survey 2017-18, the Indian logistics sector provides livelihood to 22 million-plus people and improving the sector would facilitate a 10% decrease in indirect logistics cost, leading to a growth of 5-8% in exports.

Further, the Survey estimates that the worth of the Indian logistics market is expected to reach US$ 215 billion by 2025 growing a CAGR of 10.5 percent today, the Indian logistics sector is a sunshine industry and is going through a phase of transformation. With large multinational players entering the Indian market with the introduction of new technologies, the face of the logistics sector is changing fast. India today is looking at developments in Logistics Services, Warehousing, Cold Storage, Shipping and Ports where huge investments are expected.