Evolving landscape of warehousing and logistics in India: A road to becoming third-largest economy by 2027
July 2023 | Transport Infrastructure
The Knowledge Report on Evolving landscape of warehousing and logistics in India: A road to becoming third-largest economy by 2027 is a comprehensive overview of the warehousing and logistics industry in India. The report discusses the key drivers of growth in the sector, the challenges that lie ahead, and the emerging opportunities.
The recent government initiatives and policies have been instrumental in positively shaping the logistics landscape. Prime Minister Gati Shakti’s National Master Plan (NMP) and the National Logistics Policy (NLP) guiding the way towards a more efficient and integrated logistic ecosystem. The Government’s focus towards the development and expansion of Multi-Modal Logistics Parks (MMLPs) has further reinforced operational efficiency, ensuring sustainable logistic practices and the pursuit towards further reduction of the overall logistics cost.
The report also provides a thorough examination of the present and outlook of key logistic components, including warehousing, and containers, shedding light on their current status and potential growth trajectories. It also examines the importance of robust and sustainable supply chains in today’s interconnected and dynamic global value chains.
Report also dwells on the aspect of skill development, role of private investments, and impact of technology, amongst other key areas. It presents a comprehensive view of the transformative actions required for development of sustainable and reliable logistic infrastructure in India.
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