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Logistics is at the heart of every economy. A robust logistics sector ensures increased productivity and lower costs, which facilitates the rapid growth of an economy. Where would we be without the transport, storage, and distribution of goods? Logistics plays an important role in making the exchange of goods more fluid and helps in the dissemination of information.
India is geographically well-placed in the world map, and it makes us a significant player in terms of regional and global trade which further emphasized the need for a robust logistical network. Indian logistical industry was around $ 274 billion in size in 2022 and employed around 22 million people directly. The Indian logistics sector broadly encapsulates 5 major services which include
Know in detail about best logistics stocks in India to Buy
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