The logistics industry in India is likely to grow 9-10 per cent a year, but investments are not keeping pace.
A national logistics policy, an integrated IT backbone, dedicated freight corridors, multimodal transport systems and a string of ports are poised to transform India's logistics sector.
India's logistics sector is slowly moving towards higher efficiency.
It is action time for the Indian logistics industry with regulatory changes making operations easier for organised players. Third-party logistics companies such as Mahindra Logistics are riding the wave. Pirojshaw Sarkari, CEO of the company, talks to BT.
GST has increased cost efficiency in the logistics sector by reducing transit time and driving consolidation of warehouses.