The Indian e-commerce logistics market is anticipated to grow at a CAGR of around 18.5% during the forecast period (2021-2027). The implementation of GST in the country and the introduction of the E-way bill Under GST will be redefining the Indian logistics and supply chain. For instance, in February 2018, the E-way bill under the GST regime was made compulsory, which is an electronically generated document that will be generated when goods worth more than Rs.50,000 will be moved from one place to another. The emergence of the E-way bill has had a significant impact on the logistics and supply chain industries because e-way bill filing promises increased revenue through the use of information technology. Furthermore, this mechanism would be an effective tool for tracking the movement of goods, detecting tax evasion, and ensuring that goods being transported are in accordance with the GST Law.
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Rising acquisitions, product development, collaborations among the major players in the market also propel the growth of the market. For instance, in January 2019, FedEx Express announced that it will be acquiring the International Express business of Flying Cargo Group in Israel. Once this acquisition will be completed it will incorporate the relationship to offer customers an even wider portfolio of services and a seamless link to their unparalleled global network.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
- ByServices
- By Products
- By Location
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Amazon.com Inc, Blue Dart Express Ltd, Ekart Logistics, DTDC Express Ltd among others.
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Indian e-commerce logistics Market Report Segment
By Services
- Transportation Services
- Warehousing Services
- Other Services
By Products
- Baby Products
- Personal Care Products
- Electronics Products
- Books
- Home Furnishing Products
- Apparel Products
- Automotive Products
- Others
By Location
- Urban
- Semi-Urban
- Rural
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
