Logistics market is driven by tax reforms and initiatives
The third-party logistics (3PL) market in India is poised to grow by US$10.74 bn during 2021-2025, progressing at a CAGR of almost 8%, according to a report by ResearchAndMarkets.
The market is driven by the introduction of tax reforms and initiatives for 3PL in India and the growth of e-commerce sector in India, said the report “Third-party Logistics Market in India 2021-2025”.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading third-party logistics market in India vendors that include Aegis Logistics Ltd, Allcargo Logistics Ltd, AWL India Pvt Ltd, Blue Dart Express Ltd, Delhivery Pvt Ltd, FedEx Corp, Gati Ltd, Mahindra Logistics Ltd, Safexpress Pvt Ltd and TVS Supply Chain Solutions, said the report in a release on 6 Oct 2021. #market #investment /fiinews.com