In financial year 2020, the size of India's third-party logistics market was around 580 billion Indian rupees. It was estimated that this market would grow to 1.2 trillion rupees in 2025, with a compound annual growth rate of around 16 to 18 percent. India has a higher logistics cost as a percentage of GDP at 14 percent, in comparison with BRICS average of 11 percent.
Size of third-party logistics market in India in financial year 2020, with an estimate for financial year 2025
(in billion Indian rupees)
Characteristic
Market size in billion Indian rupees
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Motilal Oswal Group. (October 19, 2021). Size of third-party logistics market in India in financial year 2020, with an estimate for financial year 2025 (in billion Indian rupees) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1288196/india-third-party-logistics-market/
Motilal Oswal Group. "Size of third-party logistics market in India in financial year 2020, with an estimate for financial year 2025 (in billion Indian rupees)." Chart. October 19, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1288196/india-third-party-logistics-market/
Motilal Oswal Group. (2021). Size of third-party logistics market in India in financial year 2020, with an estimate for financial year 2025 (in billion Indian rupees). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1288196/india-third-party-logistics-market/
Motilal Oswal Group. "Size of Third-party Logistics Market in India in Financial Year 2020, with An Estimate for Financial Year 2025 (in Billion Indian Rupees)." Statista, Statista Inc., 19 Oct 2021, https://www.statista.com/statistics/1288196/india-third-party-logistics-market/
Motilal Oswal Group, Size of third-party logistics market in India in financial year 2020, with an estimate for financial year 2025 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1288196/india-third-party-logistics-market/ (last visited July 27, 2024)
Size of third-party logistics market in India in financial year 2020, with an estimate for financial year 2025 (in billion Indian rupees) [Graph], Motilal Oswal Group, October 19, 2021. [Online]. Available: https://www.statista.com/statistics/1288196/india-third-party-logistics-market/