India e-logistics industry set to touch $9 billion with E-Commerce boom

The global logistics industry has grown to be one of the biggest and fastest-growing industries. It aims to achieve $9 billion with annual growth of 35%. In the next five years, shipping and logistics are expected to rise by four times.

The logistics industry is responsible for the retail development in India, which has benefited from global growth in logistics.

Delhivery, a prominent actor, has begun the cross-section of the technology industry with infrastructure, digital consumption, adoption, and upgrade.

The availability of online payment has several methods, including UPI and no-cost EMI, and these are driving consumer adoption of digital commerce by increasing the need for logistics, claims the paper.

When it comes to the high-quality smartphone generation the smartphone generation with the excellent quality of internet and technology, non-metro locations have a distinct phrase. The growth of e-commerce and its impact on the internet economy.

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Source: The Economic Times & Amicus Analysis


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