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For India to become 3rd largest economy by 2027, it is imperative for the country to increase the production capacity, develop infrastructure and improve our services domestically and across global supply chains. The logistics sector in India was valued at US$ 250 billion in 2021, with the market predicted to increase to an astounding US$ 380 billion by 2025, at a healthy 10%-12% year-on-year growth rate.

For India to become 3rd largest economy by 2027, it is imperative for the country to increase the production capacity, develop infrastructure and improve our services domestically and across global supply chains. The logistics sector in India was valued at US$ 250 billion in 2021, with the market predicted to increase to an astounding US$ 380 billion by 2025, at a healthy 10%-12% year-on-year growth rate.

To create an efficient logistics ecosystem and strengthening India's presence in the global supply chain, Government has implemented several initiatives to transform the business ecosystem and attract investments. Notable efforts include the establishment of the Empowered Group of Secretaries (EGoS), Project Development Cells (PDCs) to fast-track investments, the Investment Clearance Cell (ICC) with the National Single Window System (NSWS) for streamlined facilitation, One-District One-Product (ODOP) scheme and Production-Linked Incentive (PLI).

Further, recent initiatives by government including Prime Minister Gati Shakti’s National Master Plan (NMP) and the National Logistics Policy (NLP)  have been instrumental in paving the way towards a more efficient and integrated logistic ecosystem. In addition, the government’s focus towards the development and expansion of Multi-Modal Logistics Parks (MMLPs) has reinforced operational efficiency, ensuring sustainable logistic practices and the pursuit towards further reduction of the overall logistics cost.

The rapid advancements in technology have opened a plethora of possibilities for the industry. Embracing automation and data-driven decision-making will be key to unlocking the true potential of the sector. 
 

Team Leader

Neerja Singh

Assistant Secretary General

Timeline

2024
May
Event

Cold Chain and Logistics Summit: Navigating The Future of Cold Chain Logistics

Jan
Event

PM GatiShakti Summit - Towards Logistics Efficiency and Integrated Infrastructure Planning

Study

Sustainable multimodal logistics: A vision and green logistics paradigm

2023
Jul
Press Release

India to become a developed economy by 2047; Warehousing and logistics sector to play key role in achieving the target: Sumita Dawra, Special Secretary (Logistics), DPIIT

Event

Warehousing and Supply Chain Summit
Building Reliable, Resilient and Sustainable Supply Chains

2019
Feb
Press Release

DGFT armed with fresh resources to revamp IT infrastructure to boost logistics sector: Suresh Prabhu

Events

May, 2024

Cold Chain and Logistics Summit: Navigating The Future of Cold Chain Logistics

May 29, 2024 FICCI, New Delhi

Jan, 2024

PM GatiShakti Summit - Towards Logistics Efficiency and Integrated Infrastructure Planning

Jan 30, 2024 FICCI, New Delhi

Jul, 2023

Warehousing and Supply Chain Summit
Building Reliable, Resilient and Sustainable Supply Chains

Jul 27, 2023 FICCI, New Delhi

Chair

Mr Rizwan Soomar

CEO & MD - India Subcontinent, Middle East, and North Africa
DP World 

Co-Chair

Mr Chander Agarwal

Managing Director
TCI Express

Advisor

Mr Sachin Bhanushali

Former CEO
Gateway Distriparks Ltd

India to become a developed economy by 2047; Warehousing and logistics sector to play key role in achieving the target: Sumita Dawra, Special Secretary (Logistics), DPIIT

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DGFT armed with fresh resources to revamp IT infrastructure to boost logistics sector: Suresh Prabhu

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