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. https://www.ciol.com/evolution-logistics-industry-last-5-years-expectations-2020/
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SHARESHARESHARE
EVOLUTION OF LOGISTICS INDUSTRY IN THE LAST 5 YEARS AND EXPECTATIONS FROM 2020
By all measures, 2019 was a fabulous year for the Logistics Industry of India. Starting with an estimated market value of $160 billion, the sector is pegged to become worth $215 billion by 2020 – adding another $55 billion of net value to it. The last 5 years have been specifically beneficial for the industry, largely because of the heavy capital inflow. It has resulted in a marked shift from labor-intensive to technology-intensive operations while also creating plenty of jobs, as much as 22 million people throughout the nation. READ MORE