India, June 29 -- India's e-commerce market will reach a phenomenal scale by 2030, led by contributions from tier II and tier III cities. As per the IBEF report, India's e-commerce industry, valued at Rs. 10,82,875 crore ($ 125 billion) in 2024, is projected to grow to Rs. 29,88,735 crore ($ 345 billion) by 2030. This growth has spurred significant demand for logistics infrastructure across warehousing, last-mile delivery, inventory management and coordination of the supply chain. The logistics industry is witnessing a fundamental shift due to the volumes of e-commerce demand.

India's e-commerce market is witnessing rapid growth, driven by deeper digital adoption across the country. What began as a matter of convenience has now evolved i...