Logistics in India is a pivotal sector driving economic growth, encompassing transportation, warehousing, and comprehensive supply chain management. This...
Key drivers include robust economic growth, a burgeoning e-commerce market, government initiatives like Make in India, improved infrastructure (roads, ports, airports), and increasing technological adoption.
Major challenges include relatively high logistics costs, fragmented infrastructure, regulatory complexities, skill shortages, and the imperative for greater technology integration and cold chain development.
Technology is revolutionizing logistics through automation, AI/ML for route optimization, real-time tracking, data analytics, and digital platforms, significantly enhancing efficiency and reducing operational costs.
Significant policies include the National Logistics Policy, PM Gati Shakti National Master Plan, Sagarmala, and Bharatmala, all aimed at reducing logistics costs, improving connectivity, and enhancing sector efficiency.