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Logistics set for rapid growth in India

Industry Economy

India’s logistics sector is poised for accelerated growth, led by GDP revival, ramp up in transport infrastructure, e-commerce penetration, impending GST implementation, and other initiatives like ‘Make in India.’ This offers opportunities across the spectrum for companies in transportation, storage, distribution, and allied services, according to a report by Motilal Oswal Securities Ltd. Empirical evidence suggests the Indian logistics industry grows at 1.5-2 times the GDP growth.

Extracted from FE, Mar 18,’15



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