Fuelled by the overall growth of the Indian economy imports & exports are expected to be more than double to US$ 385 billion by 2015*.
This growth will mean that Indian Transport & Logistics market will grow by more than 15% per annum. This growth is expected to be shared across all sectors: Air, Rail, Road and Sea.
Over the same period, the growth of professionally organised sector is expected to be more than double to nearly US$ 50 billion.
India will commission 24 Greenfield port projects in 6 coastal states between 2016 and 2025, to raise its ports' cargo handling capacity by 835 million tons per year. **
Cross-Country Logistics Cost Comparison
||Logistics Cost / GDP
||Logistics Activities Performed by 3rd Party / Logistics Activities
||30 % - 40 %
International comparison shows that there is a considerable scope to reduce cost in Indian market. Indian buyers are looking for a cost effective logistic solution.