18 May 2020
India’s E-Commerce Logistics Industry: Uncaged and ready to grow
India’s E-Commerce logistics industry is projected to expand massively by 2025. Spire Research and Consulting shared its research on India’s E-Commerce Logistics Industry in Techno Business magazine.
The general logistics industry is a vital sector in India. Its market size projected to hit USD500 billion by 2025,growing at 16% annually.
Logistics plays a key element in India’s E-Commerce industry, which grew at an average rate of 28% per year in the last decade and is poised to grow by around 15% a year, to reach USD 25 billion by 2025.
Changes to Indian E-Commerce regulations, increased access to smartphones and low data prices in India have all contributed to the growth of E-Commerce which, in turn, has fuelled the growth of a large, nation-wide E-Commerce logistics industry. Covid-19 lock-downs are expected to fuel habit-formation around the ordering of goods via B2C e-commerce.
Click here for the official coverage on Techno Business website.
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Spire Research and Consulting
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Spire Research and Consulting is the leading research consultancy in global emerging markets. Spire's competitive advantage lies in its ability to deliver actionable intelligence on the external business environment in support of its clients’ strategic decision-making in marketing and business development. Spire's clients include 50 Global Fortune 1000 companies and government agencies in 15 countries. For more information, please visit www.spireresearch.com.