New Delhi, Aug. 19 -- India's logistics sector is on track to reach a valuation of USD 800 billion by 2030, contributing nearly 11 per cent to the country's GDP, according to a new report by India Narrative.
The growth is expected to be fuelled by government reforms, technology adoption, infrastructure upgrades, and workforce expansion.
The report highlighted that a 1 per cent reduction in logistics costs could save the Indian economy up to USD 15 billion annually.
Strategic investments, digital infrastructure, green policies, and skill development will continue to play a crucial role in sustaining this momentum.
With modernised supply chains, the sector is also positioned to accelerate India's journey toward a USD 5 trillion economy ...
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