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The logistics industry in India is one of the predominant industries in the country with around 13% of the GDP being spent on the development of the logistics framework. The logistics industry includes several components, like transportation, warehousing and value added services. Amongst these components, transportation forms the major proportion of the industry in India, closely followed by value added services and warehousing.
The logistics and warehousing industry’s revenue is anticipated to grow at a CAGR of 10.7% during 2015-2019. 3PL, e-commerce logistics and cold chain are the 3 biggest segments in the logistics and warehousing industry in India based on future growth rates.
This significant growth in warehousing revenue receipts would be due to the major growth in the organised retail industry, commodity markets and growth in industrial manufacturing, which would generate a wide range of job opportunities.