인도의 조직화된 물류 시장은 2032년 607억 4,000만 달러에 달할 것으로 예상되며, 2025-2032년 예측 기간 동안 연평균 12.18%로 성장하여 2024년에는 242억 2,000만 달러에 달할 것으로 예상됩니다. 인도에서는 중산층의 구매 욕구가 증가하고 소매업계의 주요 다국적 기업들이 인도에서 사업을 계획하고 시작할 수 있는 기회가 확대됨에 따라 소매 부문이 큰 호황을 누리고 있습니다. 또한, 빠르게 이동하는 소비재와 전자제품에 대한 수요도 빠른 속도로 증가하고 있습니다. 이러한 요인들이 인도 물류 시장의 성장을 견인하고 있습니다. 또한 AI, 머신러닝, 실시간 데이터 분석과 같은 기술 혁신도 시장을 새로운 차원으로 끌어올리는 추세입니다.
정부는 e-way bills, fast-tags, e-invoicing, GPS 기반 요금 징수 채택을 포함한 많은 규제 개혁을 시행하고 있으며, 이는 모두 인도 물류 시장의 발전에 기여하고 있습니다. 정부는 단일 창구 e-물류 시장 구축을 목표로 하는 국가 물류 정책을 도입하여 국가 GDP에서 물류가 차지하는 비중을 14%에서 9%로 낮추기 위해 노력하고 있습니다.
상기 기업은 시장 점유율을 기준으로 순위를 보유하지 않으며, 조사 작업 중 입수 가능한 정보에 따라 변경될 수 있습니다.
India Organized Logistics Market is anticipated to reach at USD 60.74 billion in FY2032 growing at a CAGR of 12.18% during the forecast period in FY2025-FY2032 and was valued at USD 24.22 billion in FY2024. India has been experiencing a major boom in its retail sector owing to an increased buying capacity of the middle segment of the population which has opened wider opportunities for large multinationals in the retail industry to plan and set up operations in India. Moreover, the demand for fast moving consumer goods and electronic products has also been growing at a faster pace. Such factors are propelling the growth of logistics market in the country. Innovations in technology including the use of AI, machine learning and real time data analysis also tends to surge the market to newer heights.
The government has implemented many regulatory reforms, including the adoption of e-way bills, fast-tags, e-invoicing, and GPS-based toll collection, which are all contributing to the evolution of the Indian logistics market. The government is making efforts to reduce the logistics share of the country's GDP from 14% to 9% by introducing National Logistics Policy which aims to establish a single-window e-logistics market.
Network Expansion Drives the India Logistics Market Demand
Network expansion is an important driver for India logistics market growth in the forecast period. With the significant growth of e-commerce and consumer requirement for speedier deliveries, logistics companies are aiming on expanding their networks to reach even the most distant locations. Improved connectivity confirms that goods can be transported effectively across the country, addressing the requirements of businesses and consumers alike. In addition, the investments in infrastructure development including a construction of new highways, port facilities, and others are offering the expansion to companies and market growth opportunities to the giant market players. In addition, the introduction of logistics parks and warehousing hubs in strategic locations is streamlining supply chain operations, further propelling market demand. Furthermore, companies in the market are expanding their network by announcing their partnership with delivery partners to address the growing demand from a distant location.
For instance, in May 2024, Delhivery Limited announced partnership with SUGAR Cosmetics to offer extensive networks, technology-driven solutions and express Part Truck Load services which further ensure faster delivery of B2B consignments, allowing SUGAR Cosmetics to better serve their retail partners.
India Logistics Sector Driven by Growing E-commerce Segment & 3PL Companies.
Third party integration is in high demand due to the booming ecommerce market and growing customer centricity. With end-to-end optimization, the use of technology, and value-added services, the role of warehouse and logistics is expanding beyond the conventional scope. As a result, 3PLs are focusing more for managing inventory, optimising fulfilment, complete procurement, distribution, and data management.
Technological Development for End-to-End Transformation
For shipment tracking, almost 56% of Indian logistics organizations use map-based solutions. The logistics sector's top priorities are the Internet of Things (IoT), automation, electric vehicles (EVs), and location technology.
SKU management using the Internet of Things (IoT); inventory tracking via augmented reality (AR) and drones; and data encryption via the blockchain.
Big data solutions enable real-time data analysis to forecast changes in inventory volume and logistics client demands.
Use of artificial intelligence in logistics is becoming more popular due to rising number of AI-based inventions coupled with growing cost of manual labor.
Government Schemes
The following are some of the policies the government has initiated to support the logistics industry:
Multi-Modal Logistics Parks (MMLPs) Policy
The Government of India has implemented the Multi-Modal Logistics Parks (MMLPs) strategy as a major initiative to develop the nation's logistics industry. To encourage domestic and international trade, this project will reduce freight costs, lower vehicle pollution and congestion, and reduce warehouse costs. The government is also putting a lot of effort into increasing the market's competitiveness, lowering obstacles and freight costs, and advancing technology. The country's freight and logistics industry are growing due to the manufacturing, retail, and agricultural sectors.
National Logistics Policy
The policy emphasises improving skills, competitiveness, and employment for MSMEs and intends to cut the cost of logistics. The programme considerably increases exports and ensure that small firms and the individuals who work there make money. All of this will boost the economy in several ways, including creation of jobs and the intercity, interstate, and international trade of goods. Such regulatory change is expected to bring India on a path for becoming a logistical hub and a global manufacturing powerhouse.
Impact of COVID-19 on the India Logistics Market
The COVID-19 has had a direct impact on logistics companies, which are involved in the flow, storage, and transfer of commodities. Therefore, supply chain disruptions by the pandemic affected the sector's competitiveness, economic development, and employment opportunities.
In the post COVID-19 environment, to use the same inventory and support both online and physical delivery, companies are attempting to manage the inventory in the field much more efficiently and drive optimization through omni-channel distribution models. Multi model logistics is becoming one of the major focus points in India and it is reducing transportation cost through water, air, road and two-wheeler modes.
Impact of Russia-Ukraine War on India Logistics Market
Oil and gas prices rose because of the conflict between Russia and Ukraine. Due to the supply chain disruptions, which leads to expensive shipping costs, fewer available containers, and less warehouse space. The invasion negatively affected import of oil and gas prices in India due to increased surcharged applicable on Russian Oil & Gas export.
Key Player Landscape and Outlook
Several key players in India are focusing on expansion of their facilities in order cater to the growing sectors including retail, life sciences, consumer, technology, e-commerce, engineering, and manufacturing and automotive.
For example, in September 2022, DHL Express (India) Pvt. Ltd announced that it will be expanding its warehousing space by 12 million square feet and reach a total capacity of about 22 million square feet in next three years. These warehouses will be empowered with enhanced digital technology solutions such as Assisted Picking Robots, Indoor Robotic Transport, Intelligent Process Automation, Wearable Devices, Voice Picking, Inventory Management Robots and Algorithmic Optimizations.
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work