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Indian e-logistics industry will reach $9 billion with e-commerce boom

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Indias e-logistics The sector has become one of the largest and fastest growing logistics markets in the world and is poised to hit the $9 billion industry, with a compound annual growth rate of 35 percent, a report found on Monday.



The number of e-commerce logistics shipments is expected to quadruple in the next five years.

“Thanks to new-age tech-enabled players coming in India‘s logistics arena, it is now easier for small and medium-sized businesses to transport goods, and there has been a dramatic increase in the speed and efficiency with which parcels are delivered,” the report from the Bengaluru-based company said. Redseer Strategy Consultants.

Among such players, Delhivery is well positioned at the intersection of the logistics industry’s various growth engines, including infrastructure, offline commerce, digital consumption, and technology and data science adoption.

The logistics industry of e-commerce has contributed to the overall growth of the Indian logistics industry and enabled the e-retail boom in India.

The proliferation of smartphones and the localization of the Internet in non-English languages ​​is attracting new consumers from non-metro locations to the Internet economy and creating a new demand for online commerce, removing the need for logistics disruption.

According to the report, the availability of multiple payment options such as: UPIANo costs EMIBNPL (buy now, pay later) etc. are driving the adoption of digital commerce by more consumers, creating a need for e-commerce logistics.

“Multiple segments in the Indian logistics market can be addressed by full-stack tech-enabled logistics providers. There appears to be a lot of room for growth as tech logistics players move into adjacent segments such as hyper-local delivery, express delivery, trucking, and more.” , the report said.

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