Size of logistics market in India 2022-2030
In the year 2022, the size of the Indian logistics market was around 274 billion U.S. dollar. It was estimated that this market would grow to 563 billion dollars in 2030, at a compound annual growth rate 9.4 percent. India has a higher logistics cost as a percentage of GDP at 14 percent, compared to the BRICS average of 11 percent.